Ferrovial SE (NASDAQ:FER) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Ferrovial SE (NASDAQ:FER) have been assigned a consensus rating of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company.

A number of research firms have weighed in on FER. Weiss Ratings reissued a “buy (b+)” rating on shares of Ferrovial in a report on Wednesday, October 8th. Sanford C. Bernstein cut Ferrovial from a “strong-buy” rating to a “market perform” rating in a research note on Wednesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Ferrovial in a research note on Monday, November 3rd.

Ferrovial Stock Performance

FER stock opened at $66.17 on Thursday. The company’s 50 day moving average price is $64.13 and its 200 day moving average price is $57.62. Ferrovial has a fifty-two week low of $40.07 and a fifty-two week high of $68.09.

Ferrovial Announces Dividend

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

Institutional Investors Weigh In On Ferrovial

Several institutional investors have recently made changes to their positions in the stock. Swiss National Bank boosted its position in shares of Ferrovial by 13.9% in the second quarter. Swiss National Bank now owns 1,549,642 shares of the company’s stock worth $82,172,000 after acquiring an additional 188,879 shares during the last quarter. Jefferies Financial Group Inc. raised its stake in Ferrovial by 104.0% during the second quarter. Jefferies Financial Group Inc. now owns 75,005 shares of the company’s stock worth $4,018,000 after purchasing an additional 38,236 shares during the period. Fisher Asset Management LLC raised its stake in Ferrovial by 30.6% during the second quarter. Fisher Asset Management LLC now owns 496,437 shares of the company’s stock worth $26,594,000 after purchasing an additional 116,229 shares during the period. Zurich Insurance Group Ltd FI boosted its holdings in shares of Ferrovial by 32.4% in the 1st quarter. Zurich Insurance Group Ltd FI now owns 181,345 shares of the company’s stock valued at $8,073,000 after purchasing an additional 44,372 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Ferrovial during the 2nd quarter valued at $498,625,000. 22.28% of the stock is currently owned by hedge funds and other institutional investors.

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.