Ferrovial SE $FER Shares Sold by Axa S.A.

Axa S.A. trimmed its holdings in shares of Ferrovial SE (NASDAQ:FER) by 5.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 518,647 shares of the company’s stock after selling 31,729 shares during the period. Axa S.A.’s holdings in Ferrovial were worth $27,784,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Daiwa Securities Group Inc. acquired a new stake in shares of Ferrovial during the 2nd quarter valued at $575,000. Ossiam grew its holdings in shares of Ferrovial by 73.0% in the 2nd quarter. Ossiam now owns 116,235 shares of the company’s stock worth $6,175,000 after acquiring an additional 49,064 shares during the last quarter. Marshall Wace LLP raised its position in shares of Ferrovial by 481.5% during the second quarter. Marshall Wace LLP now owns 166,778 shares of the company’s stock worth $8,934,000 after purchasing an additional 138,098 shares during the period. Harbor Advisors LLC lifted its holdings in shares of Ferrovial by 2.8% during the second quarter. Harbor Advisors LLC now owns 8,973 shares of the company’s stock valued at $479,000 after purchasing an additional 244 shares during the last quarter. Finally, 1832 Asset Management L.P. boosted its position in shares of Ferrovial by 1.6% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,001,927 shares of the company’s stock valued at $53,673,000 after purchasing an additional 15,444 shares during the period. Institutional investors and hedge funds own 22.28% of the company’s stock.

Ferrovial Stock Performance

FER stock opened at $66.32 on Thursday. The firm has a 50 day simple moving average of $63.46 and a 200 day simple moving average of $57.08. Ferrovial SE has a 52 week low of $40.07 and a 52 week high of $67.03.

Ferrovial Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on FER. Weiss Ratings reissued a “buy (b+)” rating on shares of Ferrovial in a research note on Wednesday, October 8th. Sanford C. Bernstein cut shares of Ferrovial to a “market perform” rating in a report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Ferrovial in a report on Monday, November 3rd. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ferrovial presently has a consensus 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.