Partners Group Holding AG Sells 50,254 Shares of Ferrovial SE (NASDAQ:FER)

Partners Group Holding AG reduced its position in Ferrovial SE (NASDAQ:FER) by 5.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 795,729 shares of the company’s stock after selling 50,254 shares during the period. Ferrovial accounts for approximately 1.2% of Partners Group Holding AG’s portfolio, making the stock its 20th largest holding. Partners Group Holding AG owned approximately 0.11% of Ferrovial worth $33,573,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in shares of Ferrovial in the fourth quarter valued at $101,000. Optas LLC bought a new stake in shares of Ferrovial during the fourth quarter valued at about $228,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of Ferrovial by 51.3% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 10,419 shares of the company’s stock worth $438,000 after buying an additional 3,534 shares in the last quarter. Natixis Advisors LLC bought a new position in shares of Ferrovial in the third quarter valued at approximately $447,000. Finally, Raymond James Financial Inc. purchased a new position in Ferrovial during the fourth quarter valued at approximately $466,000. 22.28% of the stock is owned by hedge funds and other institutional investors.

Ferrovial Stock Performance

Ferrovial stock opened at $44.73 on Friday. The business has a 50-day simple moving average of $43.57 and a 200 day simple moving average of $42.18. Ferrovial SE has a 52 week low of $36.24 and a 52 week high of $47.30.

Wall Street Analysts Forecast Growth

Separately, Bank of America upgraded shares of Ferrovial from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 3rd.

Ferrovial Company 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.