Tudor Investment Corp ET AL Invests $11.01 Million in Ferrovial SE $FER

Tudor Investment Corp ET AL purchased a new stake in Ferrovial SE (NASDAQ:FER) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 187,841 shares of the company’s stock, valued at approximately $11,007,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Hudson Bay Capital Management LP acquired a new position in Ferrovial during the third quarter worth $1,895,000. CTC Alternative Strategies Ltd. purchased a new position in shares of Ferrovial during the 3rd quarter worth $563,000. Maven Securities LTD purchased a new position in shares of Ferrovial during the 3rd quarter worth $1,049,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Ferrovial during the 3rd quarter valued at about $66,000. Finally, Hancock Whitney Corp grew its holdings in shares of Ferrovial by 1.6% in the third quarter. Hancock Whitney Corp now owns 14,394 shares of the company’s stock valued at $843,000 after purchasing an additional 230 shares during the period. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Ferrovial Price Performance

Shares of NASDAQ:FER opened at $66.47 on Monday. Ferrovial SE has a 12-month low of $40.46 and a 12-month high of $74.79. The business has a 50-day moving average price of $68.28 and a 200 day moving average price of $65.41. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.13 and a quick ratio of 1.05.

Ferrovial (NASDAQ:FER) last posted its earnings results on Saturday, February 14th. The company reported $0.32 EPS for the quarter. The company had revenue of $3.19 billion during the quarter. As a group, analysts expect that Ferrovial SE will post 0.72 EPS for the current year.

Analyst Ratings Changes

Several research firms recently issued reports on FER. Citigroup restated a “buy” rating and set a $75.30 price objective (up from $72.10) on shares of Ferrovial in a research report on Friday, December 19th. Weiss Ratings lowered shares of Ferrovial from a “buy (b+)” rating to a “hold (c+)” rating in a report on Thursday, March 5th. Jefferies Financial Group cut shares of Ferrovial from a “buy” rating to a “hold” rating and increased their price target for the company from $70.42 to $70.93 in a research note on Monday, March 9th. Sanford C. Bernstein downgraded shares of Ferrovial from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, December 10th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Ferrovial in a research report on Wednesday, January 7th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $73.12.

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.