Compagnie Lombard Odier SCmA Invests $1.06 Million in Ferrovial SE $FER

Compagnie Lombard Odier SCmA purchased a new stake in Ferrovial SE (NASDAQ:FER) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 16,300 shares of the company’s stock, valued at approximately $1,060,000.

A number of other large investors also recently bought and sold shares of the business. EverSource Wealth Advisors LLC boosted its position 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 purchasing an additional 364 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of Ferrovial by 240.2% during the 3rd 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. Wilmington Savings Fund Society FSB purchased a new position in shares of Ferrovial during the 3rd quarter valued at approximately $66,000. Credit Industriel ET Commercial purchased a new position in shares of Ferrovial during the 3rd quarter valued at approximately $72,000. Finally, Osaic Holdings Inc. grew its stake in Ferrovial by 9,326.3% in the 2nd quarter. Osaic Holdings Inc. now owns 1,791 shares of the company’s stock valued at $96,000 after acquiring an additional 1,772 shares during the period. Institutional investors and hedge funds own 22.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Morgan Stanley restated an “overweight” rating on shares of Ferrovial in a research report on Wednesday, January 7th. Citigroup reiterated a “buy” rating and issued a $75.30 target price (up from $72.10) on shares of Ferrovial in a research report on Friday, December 19th. Jefferies Financial Group downgraded shares of Ferrovial from a “buy” rating to a “hold” rating and upped their price target for the stock from $70.42 to $70.93 in a research report on Monday, March 9th. Weiss Ratings lowered shares of Ferrovial from a “buy (b+)” rating to a “hold (c+)” rating in a research note on Thursday, March 5th. Finally, Sanford C. Bernstein cut Ferrovial from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, December 10th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ferrovial presently has an average rating of “Hold” and an average price target of $73.12.

Ferrovial Stock Performance

Shares of FER stock opened at $66.47 on Friday. Ferrovial SE has a fifty-two week low of $40.46 and a fifty-two week high of $74.79. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.05 and a current ratio of 1.13. The stock’s fifty day moving average is $68.29 and its two-hundred day moving average is $65.24.

Ferrovial (NASDAQ:FER) last released its earnings results on Saturday, February 14th. The company reported $0.32 earnings per share (EPS) for the quarter. The business had revenue of $3.19 billion for the quarter. As a group, research analysts forecast that Ferrovial SE will post 0.72 earnings per share for the current fiscal year.

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.