Groupama Asset Managment Has $639,000 Stake in Ferrovial SE $FER

Groupama Asset Managment reduced its stake in shares of Ferrovial SE (NASDAQ:FER) by 12.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,921 shares of the company’s stock after selling 1,630 shares during the quarter. Groupama Asset Managment’s holdings in Ferrovial were worth $639,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of FER. Thornburg Investment Management Inc. raised its position in shares of Ferrovial by 0.3% in the 2nd quarter. Thornburg Investment Management Inc. now owns 1,716,499 shares of the company’s stock valued at $91,613,000 after acquiring an additional 5,138 shares during the period. Jefferies Financial Group Inc. grew its holdings in Ferrovial by 104.0% during the second quarter. Jefferies Financial Group Inc. now owns 75,005 shares of the company’s stock valued at $4,018,000 after purchasing an additional 38,236 shares during the period. AlphaCore Capital LLC bought a new stake in Ferrovial in the second quarter valued at approximately $83,000. Franklin Resources Inc. increased its stake in Ferrovial by 32.8% in the second quarter. Franklin Resources Inc. now owns 22,014 shares of the company’s stock valued at $1,174,000 after purchasing an additional 5,434 shares in the last quarter. Finally, Swiss National Bank raised its holdings in Ferrovial by 13.9% in the second quarter. Swiss National Bank now owns 1,549,642 shares of the company’s stock worth $82,172,000 after purchasing an additional 188,879 shares during the period. 22.28% of the stock is owned by institutional investors.

Ferrovial Stock Up 0.1%

FER opened at $65.83 on Friday. Ferrovial SE has a 12 month low of $40.07 and a 12 month high of $66.00. The firm’s fifty day simple moving average is $62.08 and its 200 day simple moving average is $56.27.

Ferrovial Announces Dividend

The company also recently declared a special dividend, which was paid on Tuesday, November 25th. Stockholders of record on Monday, October 27th were issued a $0.4769 dividend. The ex-dividend date was Monday, October 27th.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Weiss Ratings reissued a “buy (b+)” rating on shares of Ferrovial in a report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Ferrovial in a research note on Monday, November 3rd. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock 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.