Ferrovial SE (NASDAQ:FER) Stock Holdings Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. lifted its stake in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 40.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,573,215 shares of the company's stock after acquiring an additional 1,326,065 shares during the period. JPMorgan Chase & Co. owned 0.62% of Ferrovial worth $197,517,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in FER. Susquehanna International Securities Ltd. purchased a new stake in shares of Ferrovial in the second quarter valued at $228,000. Allspring Global Investments Holdings LLC purchased a new stake in Ferrovial in the 3rd quarter valued at about $296,000. Oppenheimer Asset Management Inc. acquired a new position in shares of Ferrovial during the 2nd quarter valued at about $307,000. Hancock Whitney Corp purchased a new position in shares of Ferrovial during the 2nd quarter worth about $352,000. Finally, Acadian Asset Management LLC acquired a new stake in shares of Ferrovial in the second quarter worth approximately $370,000. Institutional investors and hedge funds own 22.28% of the company's stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Royal Bank of Canada raised shares of Ferrovial to a "hold" rating in a research note on Tuesday, November 12th. Bank of America raised Ferrovial from a "neutral" rating to a "buy" rating in a research report on Tuesday, December 3rd.

Ferrovial Price Performance

Shares of Ferrovial stock traded down $0.26 during trading hours on Tuesday, hitting $42.03. The company's stock had a trading volume of 78,235 shares, compared to its average volume of 32,649. The business has a fifty day moving average of $40.99 and a 200 day moving average of $41.03. Ferrovial SE has a 1-year low of $35.30 and a 1-year high of $48.29.

Ferrovial Cuts Dividend

The business also recently announced a -- dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 16th were given a $0.0366 dividend. The ex-dividend date of this dividend was Monday, December 16th.

Ferrovial Company Profile

Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.