Ferrovial SE $FER Shares Acquired by AMF Tjanstepension AB

AMF Tjanstepension AB raised its stake in shares of Ferrovial SE (NASDAQ:FER) by 70.9% in the second quarter, Holdings Channel.com reports. The fund owned 237,155 shares of the company’s stock after purchasing an additional 98,382 shares during the period. AMF Tjanstepension AB’s holdings in Ferrovial were worth $12,600,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Royal Bank of Canada increased its position in shares of Ferrovial by 2.0% during the first quarter. Royal Bank of Canada now owns 12,560 shares of the company’s stock valued at $564,000 after acquiring an additional 246 shares during the last quarter. BNP Paribas Financial Markets purchased a new position in shares of Ferrovial in the fourth quarter valued at approximately $25,000. Ausbil Investment Management Ltd boosted its stake in shares of Ferrovial by 0.5% in the second quarter. Ausbil Investment Management Ltd now owns 115,791 shares of the company’s stock valued at $6,152,000 after purchasing an additional 620 shares during the period. Wellington Management Group LLP boosted its stake in shares of Ferrovial by 2.5% in the fourth quarter. Wellington Management Group LLP now owns 33,774 shares of the company’s stock valued at $1,420,000 after purchasing an additional 813 shares during the period. Finally, Assenagon Asset Management S.A. boosted its stake in shares of Ferrovial by 3.6% in the first quarter. Assenagon Asset Management S.A. now owns 30,097 shares of the company’s stock valued at $1,339,000 after purchasing an additional 1,059 shares during the period. 22.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FER has been the subject of several recent research reports. BNP Paribas raised shares of Ferrovial from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 24th. BNP Paribas Exane raised shares of Ferrovial from an “underperform” rating to a “neutral” rating in a research note on Tuesday, June 24th. Wall Street Zen lowered shares of Ferrovial from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Morgan Stanley reiterated an “overweight” rating on shares of Ferrovial in a research note on Wednesday, June 25th. Finally, Weiss Ratings reiterated a “buy (b+)” rating on shares of Ferrovial in a research note on Saturday, September 27th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Ferrovial currently has an average rating of “Moderate Buy”.

Ferrovial Trading Down 0.3%

Shares of Ferrovial stock opened at $59.80 on Friday. Ferrovial SE has a 52-week low of $37.93 and a 52-week high of $59.99. The company has a 50 day moving average of $55.27 and a 200 day moving average of $51.41.

Ferrovial Company 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.