19,575 Shares in Ferrovial SE $FER Purchased by Mitsubishi UFJ Morgan Stanley Securities Co. Ltd.

Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. acquired a new position in shares of Ferrovial SE (NASDAQ:FER) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 19,575 shares of the company’s stock, valued at approximately $1,265,000. Ferrovial makes up approximately 2.0% of Mitsubishi UFJ Morgan Stanley Securities Co. Ltd.’s holdings, making the stock its 11th biggest position.

Other hedge funds have also modified their holdings of the company. GF Fund Management CO. LTD. acquired a new position in shares of Ferrovial during the 4th quarter worth approximately $10,000,000. Fisher Asset Management LLC boosted its holdings in shares of Ferrovial by 8.4% in the 3rd quarter. Fisher Asset Management LLC now owns 538,220 shares of the company’s stock valued at $31,540,000 after buying an additional 41,783 shares during the last quarter. Korea Investment CORP boosted its holdings in shares of Ferrovial by 34.3% in the 3rd quarter. Korea Investment CORP now owns 317,488 shares of the company’s stock valued at $18,197,000 after buying an additional 81,016 shares during the last quarter. Hudson Bay Capital Management LP acquired a new stake in shares of Ferrovial in the 3rd quarter valued at approximately $1,895,000. Finally, Bank of Italy acquired a new stake in shares of Ferrovial in the 3rd quarter valued at approximately $126,229,000. 22.28% of the stock is currently owned by institutional investors.

Ferrovial Price Performance

Shares of NASDAQ FER opened at $68.30 on Friday. The company has a current ratio of 1.13, a quick ratio of 1.05 and a debt-to-equity ratio of 1.25. Ferrovial SE has a 12 month low of $50.10 and a 12 month high of $74.79. The stock has a 50 day moving average of $67.82 and a 200-day moving average of $67.53.

Ferrovial (NASDAQ:FER) last issued its earnings results on Saturday, February 14th. The company reported $0.32 EPS for the quarter. The business had revenue of $3.19 billion for the quarter. On average, equities analysts expect that Ferrovial SE will post 1.44 earnings per share for the current fiscal year.

Ferrovial Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, June 15th. Stockholders of record on Tuesday, May 19th will be paid a dividend of $0.5578 per share. The ex-dividend date is Tuesday, May 19th.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on FER. Jefferies Financial Group downgraded Ferrovial from a “buy” rating to a “hold” rating and increased their price objective for the company from $70.42 to $70.93 in a report on Monday, March 9th. Zacks Research raised Ferrovial to a “hold” rating in a report on Tuesday, May 19th. Weiss Ratings downgraded Ferrovial from a “buy (b+)” rating to a “hold (c+)” rating in a report on Thursday, March 5th. Finally, Citigroup downgraded Ferrovial from a “buy” rating to a “neutral” rating and cut their price objective for the company from $75.30 to $70.00 in a report on Wednesday. Two research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $70.47.

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.