Lansforsakringar Fondforvaltning AB publ Increases Stock Position in Ferrovial SE $FER

Lansforsakringar Fondforvaltning AB publ grew its stake in Ferrovial SE (NASDAQ:FER) by 7.3% during the third quarter, Holdings Channel.com reports. The fund owned 211,837 shares of the company’s stock after acquiring an additional 14,338 shares during the period. Lansforsakringar Fondforvaltning AB publ’s holdings in Ferrovial were worth $12,142,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in FER. Wilmington Savings Fund Society FSB acquired a new stake in Ferrovial in the 3rd quarter valued at approximately $66,000. Credit Industriel ET Commercial acquired a new position in Ferrovial during the third quarter worth $72,000. AlphaCore Capital LLC purchased a new position in shares of Ferrovial during the second quarter worth $83,000. Osaic Holdings Inc. grew its stake in shares of Ferrovial by 9,326.3% in the second quarter. Osaic Holdings Inc. now owns 1,791 shares of the company’s stock valued at $96,000 after buying an additional 1,772 shares in the last quarter. Finally, Ascent Group LLC acquired a new stake in shares of Ferrovial in the third quarter valued at $207,000. 22.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Ferrovial Stock Performance

Shares of NASDAQ FER opened at $72.49 on Tuesday. Ferrovial SE has a one year low of $40.46 and a one year high of $74.79. The company’s fifty day moving average is $68.28 and its two-hundred day moving average is $63.13.

Ferrovial Dividend Announcement

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

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.