Janus Henderson Group PLC Reduces Stock Position in Ferrovial SE $FER

Janus Henderson Group PLC lessened its holdings in Ferrovial SE (NASDAQ:FER) by 2.8% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 296,257 shares of the company’s stock after selling 8,467 shares during the quarter. Janus Henderson Group PLC’s holdings in Ferrovial were worth $18,921,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. AlphaCore Capital LLC boosted its stake in shares of Ferrovial by 3.2% during the fourth quarter. AlphaCore Capital LLC now owns 6,357 shares of the company’s stock valued at $411,000 after purchasing an additional 197 shares during the period. Drive Wealth Management LLC increased its stake in Ferrovial by 5.4% in the 4th quarter. Drive Wealth Management LLC now owns 3,983 shares of the company’s stock worth $257,000 after buying an additional 203 shares during the period. MML Investors Services LLC lifted its holdings in Ferrovial by 3.4% during the 4th quarter. MML Investors Services LLC now owns 6,887 shares of the company’s stock valued at $445,000 after buying an additional 226 shares in the last quarter. Hancock Whitney Corp lifted its holdings in Ferrovial by 1.6% during the 3rd quarter. Hancock Whitney Corp now owns 14,394 shares of the company’s stock valued at $843,000 after buying an additional 230 shares in the last quarter. Finally, Royal Bank of Canada boosted its position in Ferrovial by 2.0% in the 1st quarter. Royal Bank of Canada now owns 12,560 shares of the company’s stock valued at $564,000 after buying an additional 246 shares during the period. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on FER shares. Weiss Ratings downgraded shares of Ferrovial from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, July 29th. Zacks Research raised shares of Ferrovial to a “hold” rating in a research note on Tuesday, May 19th. Finally, Citigroup lowered 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 report on Wednesday, May 27th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $70.47.

Ferrovial Price Performance

FER stock opened at $66.08 on Tuesday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.09 and a current ratio of 1.20. The business has a 50-day moving average price of $66.41 and a 200 day moving average price of $67.79. Ferrovial SE has a 1-year low of $51.33 and a 1-year high of $74.79.

Ferrovial Announces Dividend

The firm also recently announced 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 of this dividend was Tuesday, May 19th.

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.