Metis Global Partners LLC Sells 3,577 Shares of Ferrovial SE $FER

Metis Global Partners LLC reduced its position in shares of Ferrovial SE (NASDAQ:FER) by 7.2% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 45,863 shares of the company’s stock after selling 3,577 shares during the quarter. Metis Global Partners LLC’s holdings in Ferrovial were worth $2,445,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FER. Amundi boosted its holdings in shares of Ferrovial by 43.9% in the first quarter. Amundi now owns 17,636,889 shares of the company’s stock worth $808,475,000 after buying an additional 5,376,610 shares during the last quarter. Maple Brown Abbott Ltd purchased a new stake in Ferrovial during the first quarter valued at approximately $152,224,000. Nuveen LLC bought a new position in Ferrovial in the first quarter worth approximately $65,565,000. Credit Agricole S A boosted its stake in shares of Ferrovial by 45.2% during the 1st quarter. Credit Agricole S A now owns 3,951,264 shares of the company’s stock worth $177,491,000 after acquiring an additional 1,229,993 shares during the last quarter. Finally, Vanguard Group Inc. grew its position in shares of Ferrovial by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 19,355,835 shares of the company’s stock valued at $865,748,000 after acquiring an additional 452,211 shares during the period. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Ferrovial Trading Down 1.0%

Shares of FER stock opened at $63.34 on Monday. The stock has a fifty day simple moving average of $59.73 and a two-hundred day simple moving average of $54.73. Ferrovial SE has a 52-week low of $37.93 and a 52-week high of $65.20.

Ferrovial Dividend Announcement

The firm also recently announced a special dividend, which will be paid on Tuesday, November 25th. Investors of record on Monday, October 27th will be paid a dividend of $0.4769 per share. The ex-dividend date of this dividend is Monday, October 27th.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Wall Street Zen cut Ferrovial from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Ferrovial in a research report on Monday, November 3rd. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Ferrovial in a research report on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

About Ferrovial

Ferrovial SE, together with its subsidiaries, engages in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services internationally. It operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. The company designs and executes various public and private works, including the construction of public infrastructure; and develops, finances, and operates toll roads.