Swiss National Bank cut its stake in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 9.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,417,425 shares of the company's stock after selling 146,716 shares during the period. Swiss National Bank owned about 0.19% of Ferrovial worth $59,720,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. SG Americas Securities LLC bought a new position in Ferrovial during the 4th quarter valued at $101,000. Optas LLC bought a new position in Ferrovial during the 4th quarter valued at $228,000. Natixis Advisors LLC bought a new position in Ferrovial during the 3rd quarter valued at $447,000. 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 valued at $438,000 after purchasing an additional 3,534 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new stake in shares of Ferrovial during the 4th quarter valued at $474,000. 22.28% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, Bank of America raised Ferrovial from a "neutral" rating to a "buy" rating in a research report on Tuesday, December 3rd.
View Our Latest Analysis on FER
Ferrovial Trading Up 1.1 %
Shares of Ferrovial stock traded up $0.49 during trading hours on Wednesday, hitting $44.72. 98,904 shares of the company's stock traded hands, compared to its average volume of 44,740. Ferrovial SE has a 12-month low of $36.24 and a 12-month high of $47.30. The company has a fifty day simple moving average of $43.38 and a 200-day simple moving average of $42.12.
Ferrovial Profile
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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.
Further Reading
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