Zurcher Kantonalbank Zurich Cantonalbank Purchases Shares of 286,112 Ferrovial SE (NASDAQ:FER)

Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of Ferrovial SE (NASDAQ:FER) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 286,112 shares of the company’s stock, valued at approximately $11,119,000.

Other large investors also recently made changes to their positions in the company. Assenagon Asset Management S.A. bought a new position in shares of Ferrovial in the second quarter valued at $985,000. M&G Plc bought a new position in Ferrovial in the 2nd quarter valued at about $43,583,000. Finally, Bank of New York Mellon Corp bought a new position in Ferrovial in the 2nd quarter valued at about $48,282,000.

Ferrovial Stock Down 0.2 %

Ferrovial stock traded down $0.07 during trading hours on Thursday, reaching $41.28. The stock had a trading volume of 25,831 shares, compared to its average volume of 21,354. The company’s fifty day simple moving average is $40.52. Ferrovial SE has a 52 week low of $29.50 and a 52 week high of $48.29.

Analyst Upgrades and Downgrades

Separately, Citigroup assumed coverage on Ferrovial in a research note on Tuesday, May 21st. They set a “buy” rating and a $48.00 price objective on the stock.

Ferrovial Profile

Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.