Natixis Advisors LLC Acquires 9,904 Shares of Ferrovial SE (NASDAQ:FER)

Natixis Advisors LLC increased its stake in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 95.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,246 shares of the company's stock after purchasing an additional 9,904 shares during the period. Natixis Advisors LLC's holdings in Ferrovial were worth $851,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FER. SG Americas Securities LLC bought a new stake in shares of Ferrovial during the 4th quarter valued at about $101,000. Optas LLC purchased a new position in shares of Ferrovial in the fourth quarter worth approximately $228,000. Allspring Global Investments Holdings LLC grew its position in Ferrovial by 51.3% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 10,419 shares of the company's stock valued at $438,000 after buying an additional 3,534 shares during the period. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in Ferrovial during the fourth quarter valued at approximately $474,000. Finally, Raymond James Financial Inc. bought a new position in Ferrovial in the fourth quarter worth approximately $466,000. Institutional investors own 22.28% of the company's stock.

Wall Street Analyst Weigh In

Separately, Bank of America raised shares of Ferrovial from a "neutral" rating to a "buy" rating in a research report on Tuesday, December 3rd.

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Ferrovial Stock Down 0.1 %

Shares of NASDAQ FER traded down $0.06 during trading on Friday, hitting $45.28. The company had a trading volume of 100,822 shares, compared to its average volume of 47,460. Ferrovial SE has a 12 month low of $36.24 and a 12 month high of $47.30. The stock has a 50 day simple moving average of $43.98 and a 200 day simple moving average of $42.30.

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.