1,241,506 Shares in Ferrovial SE (NASDAQ:FER) Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp purchased a new stake in Ferrovial SE (NASDAQ:FER - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,241,506 shares of the company's stock, valued at approximately $48,282,000. Bank of New York Mellon Corp owned 0.17% of Ferrovial as of its most recent filing with the Securities & Exchange Commission.

Separately, Assenagon Asset Management S.A. purchased a new stake in shares of Ferrovial in the second quarter worth about $985,000.

Ferrovial Trading Up 1.9 %

Shares of FER stock traded up $0.78 on Monday, hitting $42.06. The stock had a trading volume of 38,100 shares, compared to its average volume of 21,527. The business has a 50 day simple moving average of $40.60. Ferrovial SE has a 52-week low of $29.50 and a 52-week high of $48.29.

Wall Street Analysts Forecast Growth

Separately, Citigroup began coverage on Ferrovial in a research report on Tuesday, May 21st. They set a "buy" rating and a $48.00 price target on the stock.

Ferrovial 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.