43,032 Shares in Ferrovial SE $FER Purchased by Goodman Advisory Group LLC

Goodman Advisory Group LLC acquired a new position in Ferrovial SE (NASDAQ:FER) in the 1st quarter, Holdings Channel reports. The institutional investor acquired 43,032 shares of the company’s stock, valued at approximately $2,799,000.

A number of other institutional investors have also recently bought and sold shares of the business. Signaturefd LLC grew its position in shares of Ferrovial by 1,089.1% during the 4th quarter. Signaturefd LLC now owns 547 shares of the company’s stock worth $35,000 after purchasing an additional 501 shares in the last quarter. Cullen Frost Bankers Inc. increased its holdings in shares of Ferrovial by 80.9% during the fourth quarter. Cullen Frost Bankers Inc. now owns 586 shares of the company’s stock worth $38,000 after purchasing an additional 262 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of Ferrovial by 118.6% in the third quarter. EverSource Wealth Advisors LLC now owns 671 shares of the company’s stock valued at $39,000 after buying an additional 364 shares in the last quarter. Blue Trust Inc. raised its position in shares of Ferrovial by 136.8% in the first quarter. Blue Trust Inc. now owns 779 shares of the company’s stock valued at $51,000 after buying an additional 450 shares in the last quarter. Finally, Larson Financial Group LLC boosted its stake in shares of Ferrovial by 240.2% in the third quarter. Larson Financial Group LLC now owns 973 shares of the company’s stock valued at $57,000 after buying an additional 687 shares during the period. Institutional investors own 22.28% of the company’s stock.

Ferrovial Stock Down 2.6%

FER stock opened at $68.35 on Friday. The company’s 50-day moving average price is $68.50 and its two-hundred day moving average price is $68.01. 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 SE has a 12 month low of $50.72 and a 12 month high of $74.79.

Ferrovial (NASDAQ:FER) last issued its quarterly earnings results on Saturday, February 14th. The company reported $0.32 earnings per share for the quarter. The firm had revenue of $3.19 billion for the quarter. On average, analysts predict that Ferrovial SE will post 1.44 EPS for the current year.

Ferrovial Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, June 15th. Shareholders of record on Tuesday, May 19th were given a dividend of $0.5578 per share. The ex-dividend date was Tuesday, May 19th.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Ferrovial in a research report on Tuesday, June 2nd. Zacks Research raised Ferrovial to a “hold” rating in a report on Tuesday, May 19th. Citigroup downgraded Ferrovial from a “buy” rating to a “neutral” rating and cut their target price for the company from $75.30 to $70.00 in a research report on Wednesday, May 27th. Finally, Jefferies Financial Group lowered Ferrovial from a “buy” rating to a “hold” rating and increased their target price for the stock from $70.42 to $70.93 in a report on Monday, March 9th. Two research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Ferrovial has an average rating of “Hold” and an average target price of $70.47.

About Ferrovial

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.