Vontobel Holding Ltd. Sells 401 Shares of Ferrovial SE $FER

Vontobel Holding Ltd. reduced its position in shares of Ferrovial SE (NASDAQ:FER) by 0.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,299 shares of the company’s stock after selling 401 shares during the period. Vontobel Holding Ltd.’s holdings in Ferrovial were worth $2,842,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Banque Cantonale Vaudoise bought a new position in Ferrovial during the 1st quarter valued at approximately $150,000. Townsquare Capital LLC increased its stake in shares of Ferrovial by 23.5% during the first quarter. Townsquare Capital LLC now owns 6,872 shares of the company’s stock valued at $309,000 after buying an additional 1,306 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in Ferrovial by 14.3% in the first quarter. Oppenheimer Asset Management Inc. now owns 8,597 shares of the company’s stock valued at $386,000 after acquiring an additional 1,076 shares in the last quarter. Royal Bank of Canada boosted its holdings in Ferrovial by 2.0% in 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 in the last quarter. Finally, Groupama Asset Managment bought a new stake in Ferrovial in the first quarter valued at $566,000. Institutional investors own 22.28% of the company’s stock.

Wall Street Analyst Weigh In

FER has been the subject of several research analyst reports. BNP Paribas raised shares of Ferrovial from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 24th. Morgan Stanley reissued an “overweight” rating on shares of Ferrovial in a research note on Wednesday, June 25th. 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 downgraded Ferrovial from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. Finally, Weiss Ratings reiterated a “buy (b+)” rating on shares of Ferrovial in a report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Ferrovial Stock Performance

Shares of FER opened at $60.22 on Friday. Ferrovial SE has a fifty-two week low of $37.93 and a fifty-two week high of $61.13. The firm’s 50-day simple moving average is $56.12 and its two-hundred day simple moving average is $52.00.

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.