ANTIPODES PARTNERS Ltd Acquires Shares of 3,068,081 Ferrovial SE $FER

ANTIPODES PARTNERS Ltd bought a new position in Ferrovial SE (NASDAQ:FER) in the third quarter, HoldingsChannel reports. The firm bought 3,068,081 shares of the company’s stock, valued at approximately $175,868,000. Ferrovial accounts for 3.9% of ANTIPODES PARTNERS Ltd’s holdings, making the stock its 3rd largest holding.

Other large investors have also recently modified their holdings of the company. Syon Capital LLC bought a new stake in Ferrovial in the third quarter worth $461,000. Vanguard Group Inc. raised its stake in shares of Ferrovial by 1.9% in the third quarter. Vanguard Group Inc. now owns 20,344,716 shares of the company’s stock valued at $1,168,600,000 after acquiring an additional 387,378 shares during the period. Credit Industriel ET Commercial bought a new stake in shares of Ferrovial in the 3rd quarter worth about $72,000. Public Sector Pension Investment Board boosted its stake in shares of Ferrovial by 11.1% during the 3rd quarter. Public Sector Pension Investment Board now owns 309,027 shares of the company’s stock worth $17,712,000 after purchasing an additional 30,780 shares during the period. Finally, ProShare Advisors LLC grew its holdings in Ferrovial by 0.4% during the 3rd quarter. ProShare Advisors LLC now owns 52,209 shares of the company’s stock valued at $2,990,000 after purchasing an additional 206 shares during the last quarter. Institutional investors own 22.28% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on FER. Morgan Stanley reissued an “overweight” rating on shares of Ferrovial in a research note on Wednesday, January 7th. Citigroup reissued a “buy” rating and set a $75.30 price target (up from $72.10) on shares of Ferrovial in a research note on Friday, December 19th. Sanford C. Bernstein downgraded Ferrovial from a “strong-buy” rating to a “market perform” rating in a research report on Wednesday, December 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Ferrovial in a research report on Monday, November 3rd. Finally, Weiss Ratings upgraded shares of Ferrovial from a “buy (b+)” rating to a “buy (a-)” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Ferrovial currently has an average rating of “Moderate Buy” and a consensus price target of $75.30.

Ferrovial Trading Up 1.7%

FER opened at $72.76 on Friday. The business’s 50-day moving average is $68.18 and its two-hundred day moving average is $62.84. Ferrovial SE has a 1 year low of $40.46 and a 1 year high of $74.79.

Ferrovial Announces Dividend

The company also recently announced a special dividend, which was paid on Monday, December 22nd. Investors of record on Friday, December 5th were given a dividend of $0.077 per share. The ex-dividend date of this dividend was Friday, December 5th.

Ferrovial Company Profile

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.