Ferrovial (NASDAQ:FER – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.04), reports. The firm had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.97 billion.
Ferrovial Trading Up 4.1%
Shares of NASDAQ FER traded up $2.58 during trading hours on Thursday, hitting $65.12. 2,741,624 shares of the company traded hands, compared to its average volume of 1,458,471. The company’s 50 day moving average price is $66.48 and its 200 day moving average price is $67.81. Ferrovial has a 12 month low of $50.72 and a 12 month high of $74.79. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.05 and a current ratio of 1.13.
Ferrovial Dividend Announcement
The business also recently announced a dividend, which was paid on Monday, June 15th. Stockholders of record on Tuesday, May 19th were given a dividend of $0.5578 per share. The ex-dividend date of this dividend was Tuesday, May 19th.
Analyst Ratings Changes
View Our Latest Stock Report on FER
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. Compound Planning Inc. raised its stake in shares of Ferrovial by 11.0% in the fourth quarter. Compound Planning Inc. now owns 6,990 shares of the company’s stock valued at $452,000 after acquiring an additional 695 shares during the period. Invesco Ltd. grew its holdings in Ferrovial by 491.5% during the 4th quarter. Invesco Ltd. now owns 4,478,451 shares of the company’s stock valued at $289,353,000 after purchasing an additional 3,721,377 shares during the last quarter. Vident Advisory LLC bought a new position in Ferrovial during the 4th quarter valued at about $296,000. Mackenzie Financial Corp raised its position in Ferrovial by 14.4% in the 4th quarter. Mackenzie Financial Corp now owns 96,479 shares of the company’s stock worth $6,291,000 after purchasing an additional 12,116 shares during the period. Finally, Zurich Insurance Group Ltd FI lifted its stake in Ferrovial by 211.2% in the fourth quarter. Zurich Insurance Group Ltd FI now owns 392,840 shares of the company’s stock worth $25,524,000 after purchasing an additional 266,593 shares during the last quarter. Institutional investors own 22.28% of the company’s stock.
About Ferrovial
Ferrovial, SA is a Spanish multinational infrastructure company headquartered in Madrid that develops, constructs, operates and maintains transport and urban infrastructure. Its core activities include the design and construction of large civil engineering projects, the development and operation of transport concessions such as toll roads and airports, and the provision of urban and industrial services and maintenance. The company typically operates through long-term concession and public-private partnership models, combining construction expertise with asset management and operations.
Within its operating model, Ferrovial’s business spans construction contracting, concession management and services.
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