Ferrovial SE $FER Shares Purchased by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ increased its holdings in shares of Ferrovial SE (NASDAQ:FER) by 7.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 211,837 shares of the company’s stock after buying an additional 14,338 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Ferrovial were worth $12,142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Generali Asset Management SPA SGR increased its holdings in shares of Ferrovial by 183.0% during the third quarter. Generali Asset Management SPA SGR now owns 46,617 shares of the company’s stock valued at $2,732,000 after acquiring an additional 30,143 shares in the last quarter. Exane Asset Management boosted its stake in Ferrovial by 15,983.6% in the 3rd quarter. Exane Asset Management now owns 644,471 shares of the company’s stock worth $36,939,000 after purchasing an additional 640,464 shares in the last quarter. Bank of Italy purchased a new stake in Ferrovial during the 3rd quarter worth approximately $126,229,000. Swiss National Bank increased its stake in Ferrovial by 13.9% during the 2nd quarter. Swiss National Bank now owns 1,549,642 shares of the company’s stock valued at $82,172,000 after purchasing an additional 188,879 shares in the last quarter. Finally, Triasima Portfolio Management inc. raised its holdings in shares of Ferrovial by 178.9% in the third quarter. Triasima Portfolio Management inc. now owns 121,550 shares of the company’s stock worth $7,123,000 after buying an additional 77,965 shares during the last quarter. 22.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on FER. Sanford C. Bernstein lowered shares of Ferrovial from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, December 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ferrovial in a research report on Monday, November 3rd. Weiss Ratings lowered Ferrovial from a “buy (a-)” rating to a “buy (b+)” rating in a report on Thursday. Morgan Stanley restated an “overweight” rating on shares of Ferrovial in a research note on Wednesday, January 7th. Finally, Citigroup reiterated a “buy” rating and issued a $75.30 target price (up previously from $72.10) on shares of Ferrovial in a research report on Friday, December 19th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $75.30.

Ferrovial Trading Down 0.4%

FER stock opened at $72.49 on Tuesday. Ferrovial SE has a 12-month low of $40.46 and a 12-month high of $74.79. The business’s 50-day moving average is $68.28 and its 200 day moving average is $63.13.

Ferrovial Dividend Announcement

The business also recently announced a special dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 5th were issued a $0.077 dividend. The ex-dividend date was Friday, December 5th.

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.