Russell Investments Group Ltd. cut its position in Ferrovial SE (NASDAQ:FER - Free Report) by 23.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 499,432 shares of the company's stock after selling 152,307 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.07% of Ferrovial worth $21,016,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Prudential PLC boosted its holdings in shares of Ferrovial by 32.2% in the fourth quarter. Prudential PLC now owns 56,736 shares of the company's stock valued at $2,384,000 after acquiring an additional 13,817 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Ferrovial by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 634,487 shares of the company's stock worth $26,667,000 after buying an additional 13,177 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of Ferrovial by 2.5% in the 4th quarter. Wellington Management Group LLP now owns 33,774 shares of the company's stock valued at $1,420,000 after buying an additional 813 shares during the period. Clearbridge Investments LLC purchased a new stake in shares of Ferrovial in the fourth quarter valued at approximately $204,000. Finally, ClearBridge Investments Ltd raised its position in Ferrovial by 69.3% in the fourth quarter. ClearBridge Investments Ltd now owns 2,500,684 shares of the company's stock worth $105,104,000 after acquiring an additional 1,023,896 shares in the last quarter. Hedge funds and other institutional investors own 22.28% of the company's stock.
Ferrovial Stock Up 1.0 %
FER stock traded up $0.45 during trading on Tuesday, reaching $45.05. 83,551 shares of the company were exchanged, compared to its average volume of 52,232. Ferrovial SE has a 52-week low of $36.24 and a 52-week high of $47.30. The stock's 50 day moving average price is $44.17 and its 200 day moving average price is $42.40.
Ferrovial Company Profile
(
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.
Featured Stories
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.
