Amundi Sells 6,124,790 Shares of Ferrovial SE $FER

Amundi trimmed its holdings in shares of Ferrovial SE (NASDAQ:FER) by 34.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 11,512,099 shares of the company’s stock after selling 6,124,790 shares during the period. Amundi’s holdings in Ferrovial were worth $609,566,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. AlphaCore Capital LLC bought a new position in Ferrovial during the 2nd quarter valued at approximately $83,000. Earned Wealth Advisors LLC bought a new position in shares of Ferrovial during the second quarter valued at $240,000. Simon Quick Advisors LLC purchased a new position in shares of Ferrovial in the 2nd quarter worth about $274,000. Townsquare Capital LLC boosted its stake in Ferrovial by 23.5% in the 1st quarter. Townsquare Capital LLC now owns 6,872 shares of the company’s stock worth $309,000 after purchasing an additional 1,306 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new stake in Ferrovial during the 2nd quarter valued at about $310,000. 22.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Ferrovial in a report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Ferrovial in a report on Monday, November 3rd. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Ferrovial Stock Down 0.8%

NASDAQ:FER opened at $66.08 on Friday. The company has a 50 day simple moving average of $62.77 and a two-hundred day simple moving average of $56.65. Ferrovial SE has a 12 month low of $40.07 and a 12 month high of $66.82.

Ferrovial Dividend Announcement

The company also recently announced a special dividend, which will be paid on Monday, December 22nd. Shareholders of record on Friday, December 5th will be issued a $0.077 dividend. The ex-dividend date of this dividend is Friday, December 5th.

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.