Ferrovial SE $FER Stock Holdings Increased by BNP Paribas Financial Markets

BNP Paribas Financial Markets boosted its position in Ferrovial SE (NASDAQ:FER) by 1,000.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 707,840 shares of the company’s stock after buying an additional 643,488 shares during the quarter. BNP Paribas Financial Markets’ holdings in Ferrovial were worth $45,734,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. AlphaCore Capital LLC grew its holdings 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 last quarter. Drive Wealth Management LLC grew its holdings in shares of Ferrovial by 5.4% during the fourth quarter. Drive Wealth Management LLC now owns 3,983 shares of the company’s stock valued at $257,000 after purchasing an additional 203 shares during the last quarter. ProShare Advisors LLC grew its holdings in shares of Ferrovial by 0.4% during the third quarter. ProShare Advisors LLC now owns 52,209 shares of the company’s stock valued at $2,990,000 after purchasing an additional 206 shares during the last quarter. Hancock Whitney Corp grew its holdings in shares of Ferrovial by 1.6% during the third quarter. Hancock Whitney Corp now owns 14,394 shares of the company’s stock valued at $843,000 after purchasing an additional 230 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of Ferrovial by 2.0% during the first quarter. Royal Bank of Canada now owns 12,560 shares of the company’s stock valued at $564,000 after purchasing an additional 246 shares during the last quarter. 22.28% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

FER has been the subject of a number of recent analyst reports. Weiss Ratings lowered Ferrovial from a “buy (b+)” rating to a “hold (c+)” rating in a report on Thursday, March 5th. 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 report on Monday, March 9th. Citigroup lowered Ferrovial from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $75.30 to $70.00 in a report on Wednesday, May 27th. Finally, Zacks Research raised Ferrovial to a “hold” rating in a report on Tuesday, May 19th. Two investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $70.47.

Ferrovial Stock Performance

Shares of NASDAQ:FER opened at $66.34 on Wednesday. Ferrovial SE has a one year low of $50.10 and a one year high of $74.79. The stock has a fifty day moving average of $67.96 and a 200-day moving average of $67.58. 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 (NASDAQ:FER) last announced its quarterly earnings data on Saturday, February 14th. The company reported $0.32 EPS for the quarter. The company had revenue of $3.19 billion for the quarter. Research analysts forecast that Ferrovial SE will post 1.44 EPS for the current year.

Ferrovial Dividend Announcement

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

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.