Ferrovial SE $FER Shares Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp raised its position in Ferrovial SE (NASDAQ:FER) by 8.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,205,667 shares of the company’s stock after purchasing an additional 90,887 shares during the period. Bank of New York Mellon Corp owned 0.16% of Ferrovial worth $64,588,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of FER. Hsbc Holdings PLC lifted its position in shares of Ferrovial by 0.8% during the 1st quarter. Hsbc Holdings PLC now owns 24,913,875 shares of the company’s stock worth $1,107,414,000 after purchasing an additional 196,985 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Ferrovial by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 19,355,835 shares of the company’s stock worth $865,748,000 after buying an additional 452,211 shares during the last quarter. Amundi boosted its position in shares of Ferrovial by 43.9% during the 1st quarter. Amundi now owns 17,636,889 shares of the company’s stock worth $808,475,000 after acquiring an additional 5,376,610 shares in the last quarter. Citigroup Inc. increased its holdings in shares of Ferrovial by 0.8% in the 1st quarter. Citigroup Inc. now owns 8,546,672 shares of the company’s stock valued at $380,178,000 after acquiring an additional 70,197 shares during the last quarter. Finally, Credit Agricole S A raised its position in shares of Ferrovial by 45.2% during the 1st quarter. Credit Agricole S A now owns 3,951,264 shares of the company’s stock worth $177,491,000 after acquiring an additional 1,229,993 shares in the last quarter. 22.28% of the stock is currently owned by institutional investors and hedge funds.

Ferrovial Trading Down 1.0%

Shares of NASDAQ FER opened at $63.34 on Monday. Ferrovial SE has a twelve month low of $37.93 and a twelve month high of $65.20. The stock has a 50 day moving average of $59.73 and a two-hundred day moving average of $54.73.

Ferrovial Announces Dividend

The firm also recently declared a special dividend, which will be paid on Tuesday, November 25th. Investors of record on Monday, October 27th will be paid a dividend of $0.4769 per share. The ex-dividend date is Monday, October 27th.

Wall Street Analysts Forecast Growth

FER has been the subject of a number of research analyst reports. Wall Street Zen downgraded Ferrovial from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. Weiss Ratings restated a “buy (b+)” rating on shares of Ferrovial in a report on Wednesday, October 8th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ferrovial in a research report on Monday, November 3rd. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

About Ferrovial

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.