Banco Santander S.A. Has $227.23 Million Stock Position in Ferrovial SE $FER

Banco Santander S.A. trimmed its holdings in Ferrovial SE (NASDAQ:FER) by 36.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,241,709 shares of the company’s stock after selling 2,433,479 shares during the quarter. Ferrovial comprises about 2.2% of Banco Santander S.A.’s investment portfolio, making the stock its 8th biggest holding. Banco Santander S.A.’s holdings in Ferrovial were worth $227,228,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of FER. Amundi increased its stake in shares of Ferrovial by 43.9% in the 1st quarter. Amundi now owns 17,636,889 shares of the company’s stock worth $808,475,000 after acquiring an additional 5,376,610 shares in the last quarter. Maple Brown Abbott Ltd bought a new position in shares of Ferrovial in the 1st quarter worth about $152,224,000. Nuveen LLC bought a new position in shares of Ferrovial in the 1st quarter worth about $65,565,000. Credit Agricole S A increased its stake in shares of Ferrovial by 45.2% in 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 in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of Ferrovial by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 19,355,835 shares of the company’s stock worth $865,748,000 after acquiring an additional 452,211 shares in the last quarter. 22.28% of the stock is currently owned by institutional investors.

Ferrovial Stock Performance

NASDAQ:FER opened at $64.40 on Monday. Ferrovial SE has a fifty-two week low of $37.93 and a fifty-two week high of $64.73. The firm has a 50-day simple moving average of $58.07 and a two-hundred day simple moving average of $53.39.

Ferrovial Dividend Announcement

The business also recently declared a special dividend, which will be paid on Wednesday, December 3rd. Stockholders of record on Monday, October 27th will be paid a $0.4769 dividend. The ex-dividend date is Monday, October 27th.

Analysts Set New Price Targets

Several research analysts recently issued reports on FER shares. Wall Street Zen lowered shares of Ferrovial from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Weiss Ratings reiterated a “buy (b+)” rating on shares of Ferrovial in a research note on Saturday. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Ferrovial Company Profile

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.