Tudor Investment Corp ET AL Buys Shares of 187,841 Ferrovial SE $FER

Tudor Investment Corp ET AL purchased a new position in shares of Ferrovial SE (NASDAQ:FER) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 187,841 shares of the company’s stock, valued at approximately $11,007,000.

Other institutional investors have also modified their holdings of the company. EverSource Wealth Advisors LLC lifted its stake in Ferrovial by 118.6% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 671 shares of the company’s stock worth $39,000 after acquiring an additional 364 shares in the last quarter. Larson Financial Group LLC grew its position in Ferrovial by 240.2% in the 3rd quarter. Larson Financial Group LLC now owns 973 shares of the company’s stock valued at $57,000 after acquiring an additional 687 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Ferrovial in the 3rd quarter valued at about $66,000. Credit Industriel ET Commercial purchased a new stake in Ferrovial during the third quarter worth about $72,000. Finally, Osaic Holdings Inc. lifted its position in shares of Ferrovial by 9,326.3% during the second quarter. Osaic Holdings Inc. now owns 1,791 shares of the company’s stock worth $96,000 after purchasing an additional 1,772 shares in the last quarter. 22.28% of the stock is owned by institutional investors and hedge funds.

Ferrovial Stock Performance

Shares of NASDAQ:FER opened at $66.47 on Monday. The firm’s 50 day moving average price is $68.28 and its 200 day moving average price is $65.41. Ferrovial SE has a fifty-two week low of $40.46 and a fifty-two week high of $74.79. 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 (NASDAQ:FER) last issued its quarterly 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. Equities research analysts predict that Ferrovial SE will post 0.72 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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