Ferrovial SE (NASDAQ:FER) Given Average Rating of “Hold” by Analysts

Shares of Ferrovial SE (NASDAQ:FER) have received a consensus rating of “Hold” from the eight brokerages that are currently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $73.1150.

FER has been the subject of several research analyst reports. Zacks Research upgraded shares of Ferrovial to a “hold” rating in a report on Tuesday. Jefferies Financial Group lowered shares of Ferrovial from a “buy” rating to a “hold” rating and raised their price objective for the stock from $70.42 to $70.93 in a report on Monday, March 9th. Finally, Weiss Ratings lowered shares of Ferrovial from a “buy (b+)” rating to a “hold (c+)” rating in a report on Thursday, March 5th.

Institutional Trading of Ferrovial

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Opal Capital LLC lifted its holdings in Ferrovial by 1,968.5% in the first quarter. Opal Capital LLC now owns 83,773 shares of the company’s stock worth $5,449,000 after buying an additional 79,723 shares during the period. Amundi lifted its holdings in Ferrovial by 39.7% in the first quarter. Amundi now owns 15,301,820 shares of the company’s stock worth $995,383,000 after buying an additional 4,351,267 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Ferrovial by 73.8% in the first quarter. EverSource Wealth Advisors LLC now owns 2,505 shares of the company’s stock worth $163,000 after buying an additional 1,064 shares during the period. Quantinno Capital Management LP lifted its holdings in Ferrovial by 30.1% in the first quarter. Quantinno Capital Management LP now owns 332,451 shares of the company’s stock worth $21,564,000 after buying an additional 76,919 shares during the period. Finally, Compound Planning Inc. lifted its holdings in Ferrovial by 38.9% in the first quarter. Compound Planning Inc. now owns 9,710 shares of the company’s stock worth $632,000 after buying an additional 2,720 shares during the period. 22.28% of the stock is currently owned by hedge funds and other institutional investors.

Ferrovial Stock Up 1.4%

Ferrovial stock opened at $68.37 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. The firm has a 50-day moving average of $67.44 and a 200-day moving average of $67.36. Ferrovial has a 1-year low of $50.10 and a 1-year high of $74.79.

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

Ferrovial Dividend Announcement

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

About Ferrovial

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.