Legal & General Group Plc decreased its stake in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 15.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,083,750 shares of the company's stock after selling 1,270,864 shares during the quarter. Legal & General Group Plc owned about 0.96% of Ferrovial worth $297,800,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FER. SG Americas Securities LLC acquired a new position in Ferrovial in the fourth quarter valued at approximately $101,000. Clearbridge Investments LLC acquired a new position in shares of Ferrovial in the 4th quarter valued at $204,000. Optas LLC purchased a new position in shares of Ferrovial during the 4th quarter worth $228,000. Orion Portfolio Solutions LLC acquired a new stake in shares of Ferrovial during the 4th quarter worth about $249,000. Finally, Allspring Global Investments Holdings LLC increased its position in shares of Ferrovial by 51.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 10,419 shares of the company's stock worth $438,000 after purchasing an additional 3,534 shares during the last quarter. Institutional investors and hedge funds own 22.28% of the company's stock.
Ferrovial Stock Up 0.4 %
NASDAQ:FER traded up $0.19 during trading hours on Monday, reaching $44.44. 43,931 shares of the stock were exchanged, compared to its average volume of 51,807. Ferrovial SE has a twelve month low of $36.24 and a twelve month high of $47.30. The business has a 50-day moving average of $44.13 and a two-hundred day moving average of $42.39.
About Ferrovial
(
Free Report)
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.
Read More
Before you consider Ferrovial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ferrovial wasn't on the list.
While Ferrovial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
