Vanderbilt University Has $2.14 Million Position in Ferrovial SE $FER

Vanderbilt University lowered its holdings in Ferrovial SE (NASDAQ:FER) by 38.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,579 shares of the company’s stock after selling 21,239 shares during the quarter. Vanderbilt University’s holdings in Ferrovial were worth $2,144,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Lazard Asset Management LLC lifted its stake in Ferrovial by 40,717,866.7% during the third quarter. Lazard Asset Management LLC now owns 21,987,702 shares of the company’s stock worth $1,258,865,000 after purchasing an additional 21,987,648 shares during the period. Amundi boosted its holdings in Ferrovial by 87.0% during the third quarter. Amundi now owns 21,528,574 shares of the company’s stock valued at $1,297,312,000 after purchasing an additional 10,016,475 shares in the last quarter. TCI Fund Management Ltd. grew its stake in shares of Ferrovial by 6.5% in the 4th quarter. TCI Fund Management Ltd. now owns 20,740,214 shares of the company’s stock valued at $1,348,163,000 after purchasing an additional 1,269,548 shares during the period. Vanguard Group Inc. grew its stake in shares of Ferrovial by 1.7% in the 4th quarter. Vanguard Group Inc. now owns 20,699,246 shares of the company’s stock valued at $1,341,125,000 after purchasing an additional 354,530 shares during the period. Finally, Algebris UK Ltd. acquired a new position in shares of Ferrovial in the 4th quarter worth approximately $839,930,000. Institutional investors and hedge funds own 22.28% of the company’s stock.

Ferrovial Stock Down 0.7%

Shares of Ferrovial stock opened at $69.55 on Thursday. The firm’s 50-day moving average price is $68.60 and its two-hundred day moving average price is $67.98. 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 1-year low of $50.72 and a 1-year high of $74.79.

Ferrovial (NASDAQ:FER) last posted 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. On average, sell-side analysts expect that Ferrovial SE will post 1.44 EPS for the current year.

Ferrovial Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, June 15th. Investors of record on Tuesday, May 19th were issued a dividend of $0.5578 per share. The ex-dividend date of this dividend was Tuesday, May 19th.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on FER shares. Weiss Ratings restated a “hold (c+)” rating on shares of Ferrovial in a research report on Tuesday, June 2nd. Citigroup cut Ferrovial from a “buy” rating to a “neutral” rating and lowered their price target for the company from $75.30 to $70.00 in a research report on Wednesday, May 27th. Jefferies Financial Group lowered Ferrovial from a “buy” rating to a “hold” rating and increased their price objective for the stock from $70.42 to $70.93 in a research note on Monday, March 9th. Finally, Zacks Research raised Ferrovial to a “hold” rating in a report on Tuesday, May 19th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $70.47.

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.