Daiwa Securities Group Inc. Has $4.25 Million Position in Ferrovial SE $FER

Daiwa Securities Group Inc. grew its position in Ferrovial SE (NASDAQ:FER) by 544.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 65,776 shares of the company’s stock after buying an additional 55,573 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Ferrovial were worth $4,250,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Signaturefd LLC raised its position in shares of Ferrovial by 1,089.1% in the 4th quarter. Signaturefd LLC now owns 547 shares of the company’s stock valued at $35,000 after buying an additional 501 shares in the last quarter. Cullen Frost Bankers Inc. raised its position in shares of Ferrovial by 80.9% in 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 in the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Ferrovial by 118.6% in 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 in the last quarter. Larson Financial Group LLC raised its position in shares of Ferrovial by 240.2% in the 3rd quarter. Larson Financial Group LLC now owns 973 shares of the company’s stock valued at $57,000 after buying an additional 687 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Ferrovial in the 3rd quarter valued at approximately $66,000. 22.28% of the stock is currently owned by institutional investors and hedge funds.

Ferrovial Price Performance

FER stock opened at $66.02 on Tuesday. The company has a 50 day simple moving average of $68.31 and a 200 day simple moving average of $67.68. Ferrovial SE has a 1 year low of $50.10 and a 1 year 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.

Ferrovial (NASDAQ:FER) last released its quarterly earnings data on Saturday, February 14th. The company reported $0.32 earnings per share (EPS) for the quarter. The company had revenue of $3.19 billion for the quarter. On average, analysts anticipate that Ferrovial SE will post 1.44 EPS for the current fiscal year.

Ferrovial Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, June 15th. Investors of record on Tuesday, May 19th will be given a dividend of $0.5578 per share. The ex-dividend date is Tuesday, May 19th.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on FER shares. Weiss Ratings restated a “hold (c+)” rating on shares of Ferrovial in a research report on Tuesday, June 2nd. Zacks Research upgraded shares of Ferrovial to a “hold” rating in a research report on Tuesday, May 19th. Jefferies Financial Group cut shares of Ferrovial from a “buy” rating to a “hold” rating and boosted their target price for the company from $70.42 to $70.93 in a research report on Monday, March 9th. Finally, Citigroup cut shares of Ferrovial from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $75.30 to $70.00 in a research report on Wednesday, May 27th. Two analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $70.47.

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.