Ferrovial SE (NASDAQ:FER) Given Consensus Recommendation of “Hold” by Analysts

Ferrovial SE (NASDAQ:FER) has received an average rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $70.4650.

Several equities research analysts have recently issued reports on the company. Jefferies Financial Group lowered Ferrovial from a “buy” rating to a “hold” rating and raised their target price for the company from $70.42 to $70.93 in a research report on Monday, March 9th. Zacks Research upgraded shares of Ferrovial to a “hold” rating in a research report on Tuesday, May 19th. Citigroup downgraded shares of Ferrovial from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $75.30 to $70.00 in a report on Wednesday, May 27th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ferrovial in a research report on Tuesday, June 2nd.

Institutional Investors Weigh In On Ferrovial

A number of hedge funds have recently modified their holdings of FER. Signaturefd LLC grew its holdings in Ferrovial by 1,089.1% during the fourth quarter. Signaturefd LLC now owns 547 shares of the company’s stock valued at $35,000 after purchasing an additional 501 shares during the period. Cullen Frost Bankers Inc. lifted its position in shares of Ferrovial by 80.9% during the 4th quarter. Cullen Frost Bankers Inc. now owns 586 shares of the company’s stock valued at $38,000 after buying an additional 262 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Ferrovial by 118.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 671 shares of the company’s stock valued at $39,000 after buying an additional 364 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Ferrovial by 136.8% during the 1st quarter. Blue Trust Inc. now owns 779 shares of the company’s stock worth $51,000 after acquiring an additional 450 shares during the period. Finally, Larson Financial Group LLC grew 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 acquiring an additional 687 shares during the period. Institutional investors own 22.28% of the company’s stock.

Ferrovial Stock Performance

FER stock opened at $67.72 on Monday. The stock’s fifty day simple moving average is $68.21 and its two-hundred day simple moving average is $68.06. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.13 and a quick ratio of 1.05. Ferrovial has a 1-year low of $50.72 and a 1-year high of $74.79.

Ferrovial Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, June 15th. Stockholders of record on Tuesday, May 19th were given a dividend of $0.5578 per share. The ex-dividend date of this dividend was Tuesday, May 19th.

About Ferrovial

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.