111 Capital Takes Position in Ferrovial SE $FER

111 Capital purchased a new stake in shares of Ferrovial SE (NASDAQ:FER) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 10,029 shares of the company’s stock, valued at approximately $650,000.

Other hedge funds also recently made changes to their positions in the company. GF Fund Management CO. LTD. bought a new stake in shares of Ferrovial during the fourth quarter valued at approximately $10,000,000. Fisher Asset Management LLC raised its holdings in shares of Ferrovial by 8.4% during the third quarter. Fisher Asset Management LLC now owns 538,220 shares of the company’s stock valued at $31,540,000 after buying an additional 41,783 shares during the last quarter. Hudson Bay Capital Management LP acquired a new position in shares of Ferrovial during the third quarter valued at approximately $1,895,000. Korea Investment CORP increased its stake in shares of Ferrovial by 34.3% during the third quarter. Korea Investment CORP now owns 317,488 shares of the company’s stock valued at $18,197,000 after acquiring an additional 81,016 shares during the period. Finally, Barclays PLC increased its stake in shares of Ferrovial by 7.9% during the third quarter. Barclays PLC now owns 4,463,767 shares of the company’s stock valued at $261,577,000 after acquiring an additional 325,912 shares during the period. Institutional investors own 22.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Zacks Research upgraded shares of Ferrovial to a “hold” rating in a research note on Tuesday, May 19th. Citigroup lowered shares of Ferrovial from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $75.30 to $70.00 in a research note on Wednesday, May 27th. Jefferies Financial Group lowered shares of Ferrovial from a “buy” rating to a “hold” rating and raised their price objective for the company from $70.42 to $70.93 in a research note on Monday, March 9th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Ferrovial in a research note on Tuesday. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $70.47.

Ferrovial Trading Up 0.5%

NASDAQ FER opened at $66.81 on Friday. Ferrovial SE has a 12 month low of $50.10 and a 12 month high of $74.79. The company has a current ratio of 1.13, a quick ratio of 1.05 and a debt-to-equity ratio of 1.25. The company’s 50 day simple moving average is $68.25 and its 200 day simple moving average is $67.62.

Ferrovial (NASDAQ:FER) last posted its quarterly 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 during the quarter. On average, analysts anticipate that Ferrovial SE will post 1.44 EPS for the current year.

Ferrovial Dividend Announcement

The business also recently declared a dividend, which will be paid on Monday, June 15th. Shareholders of record on Tuesday, May 19th will be issued a $0.5578 dividend. The ex-dividend date of this dividend is Tuesday, May 19th.

Ferrovial 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.