Barclays PLC increased its holdings in Ferrovial SE (NASDAQ:FER – Free Report) by 75.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,809,502 shares of the company’s stock after purchasing an additional 3,345,735 shares during the period. Barclays PLC owned approximately 1.05% of Ferrovial worth $504,572,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of FER. Signaturefd LLC boosted its stake in Ferrovial by 1,089.1% during the fourth quarter. Signaturefd LLC now owns 547 shares of the company’s stock worth $35,000 after buying an additional 501 shares during the period. Cullen Frost Bankers Inc. boosted its stake in Ferrovial by 80.9% during the fourth quarter. Cullen Frost Bankers Inc. now owns 586 shares of the company’s stock worth $38,000 after buying an additional 262 shares during the period. EverSource Wealth Advisors LLC boosted its stake in Ferrovial by 118.6% during the third quarter. EverSource Wealth Advisors LLC now owns 671 shares of the company’s stock worth $39,000 after buying an additional 364 shares during the period. Larson Financial Group LLC boosted its stake in Ferrovial by 240.2% during the third quarter. Larson Financial Group LLC now owns 973 shares of the company’s stock worth $57,000 after buying an additional 687 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in Ferrovial during the third quarter worth $66,000. Institutional investors own 22.28% of the company’s stock.
Analysts Set New Price Targets
Several research firms have commented on FER. Jefferies Financial Group lowered shares of Ferrovial from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $70.42 to $70.93 in a research note on Monday, March 9th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ferrovial in a research note on Tuesday, June 2nd. Zacks Research raised shares of Ferrovial to a “hold” rating in a research note on Tuesday, May 19th. Finally, Citigroup lowered shares of Ferrovial from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $75.30 to $70.00 in a research note on Wednesday, May 27th. Two analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Ferrovial currently has a consensus rating of “Hold” and an average price target of $70.47.
Ferrovial Price Performance
NASDAQ FER opened at $67.94 on Friday. Ferrovial SE has a 52 week low of $50.10 and a 52 week high of $74.79. The company has a quick ratio of 1.05, a current ratio of 1.13 and a debt-to-equity ratio of 1.25. The company has a fifty day moving average of $68.48 and a two-hundred day moving average of $67.75.
Ferrovial (NASDAQ:FER – Get Free Report) last issued its earnings results on Saturday, February 14th. The company reported $0.32 earnings per share (EPS) for the quarter. The company had revenue of $3.19 billion for the quarter. As a group, equities analysts predict that Ferrovial SE will post 1.44 EPS for the current fiscal year.
Ferrovial Announces Dividend
The business also recently announced a dividend, which will be paid on Monday, June 15th. Stockholders of record on Tuesday, May 19th will be paid a dividend of $0.5578 per share. The ex-dividend date of this dividend is Tuesday, May 19th.
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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