Thrivent Financial for Lutherans Buys 214,543 Shares of Ferrovial SE $FER

Thrivent Financial for Lutherans boosted its stake in Ferrovial SE (NASDAQ:FER) by 121.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 391,267 shares of the company’s stock after acquiring an additional 214,543 shares during the period. Thrivent Financial for Lutherans’ holdings in Ferrovial were worth $25,430,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in FER. Royal Bank of Canada boosted its holdings in Ferrovial by 2.0% in the first quarter. Royal Bank of Canada now owns 12,560 shares of the company’s stock valued at $564,000 after acquiring an additional 246 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Ferrovial by 880.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,332 shares of the company’s stock valued at $2,204,000 after buying an additional 47,892 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Ferrovial by 346.5% during the 1st quarter. Jane Street Group LLC now owns 24,238 shares of the company’s stock valued at $1,080,000 after buying an additional 18,809 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of Ferrovial during the 2nd quarter valued at $310,000. Finally, Marshall Wace LLP boosted its holdings in shares of Ferrovial by 481.5% during the 2nd quarter. Marshall Wace LLP now owns 166,778 shares of the company’s stock valued at $8,934,000 after buying an additional 138,098 shares in the last quarter. Institutional investors own 22.28% of the company’s stock.

Ferrovial Price Performance

Shares of Ferrovial stock opened at $66.89 on Monday. The company has a quick ratio of 1.05, a current ratio of 1.13 and a debt-to-equity ratio of 1.25. Ferrovial SE has a 52-week low of $50.07 and a 52-week high of $74.79. The company has a 50-day simple moving average of $67.39 and a two-hundred day simple moving average of $67.24.

Ferrovial (NASDAQ:FER) last issued its earnings results on Saturday, February 14th. The company reported $0.32 earnings per share (EPS) for the quarter. The firm had revenue of $3.19 billion during the quarter.

Ferrovial Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, June 15th. Shareholders of record on Tuesday, May 19th will be issued a $0.5578 dividend. The ex-dividend date of this dividend is Tuesday, May 19th.

Wall Street Analyst Weigh In

FER has been the topic of a number of research reports. 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 report on Monday, March 9th. Weiss Ratings cut shares of Ferrovial from a “buy (b+)” rating to a “hold (c+)” rating in a report on Thursday, March 5th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $73.12.

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.