Partners Group Holding AG Buys 33,156 Shares of Ferrovial SE $FER

Partners Group Holding AG raised its position in shares of Ferrovial SE (NASDAQ:FER) by 6.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 531,719 shares of the company’s stock after purchasing an additional 33,156 shares during the quarter. Ferrovial accounts for approximately 2.3% of Partners Group Holding AG’s holdings, making the stock its 18th biggest position. Partners Group Holding AG owned about 0.07% of Ferrovial worth $34,435,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in FER. Royal Bank of Canada grew its stake in shares of Ferrovial by 2.0% during the 1st 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 period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Ferrovial by 880.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,332 shares of the company’s stock valued at $2,204,000 after purchasing an additional 47,892 shares during the period. Jane Street Group LLC grew its stake in shares of Ferrovial by 346.5% during the 1st quarter. Jane Street Group LLC now owns 24,238 shares of the company’s stock valued at $1,080,000 after purchasing an additional 18,809 shares during the period. Quantbot Technologies LP bought a new stake in shares of Ferrovial during the 2nd quarter valued at about $310,000. Finally, Marshall Wace LLP grew its stake in shares of Ferrovial by 481.5% during the 2nd quarter. Marshall Wace LLP now owns 166,778 shares of the company’s stock valued at $8,934,000 after purchasing an additional 138,098 shares during the period. 22.28% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Jefferies Financial Group downgraded Ferrovial from a “buy” rating to a “hold” rating and boosted their price target for the company from $70.42 to $70.93 in a research note on Monday, March 9th. Weiss Ratings downgraded Ferrovial from a “buy (b+)” rating to a “hold (c+)” rating in a research note on Thursday, March 5th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Ferrovial has an average rating of “Hold” and an average target price of $73.12.

Ferrovial Stock Down 3.3%

Shares of NASDAQ:FER opened at $64.99 on Wednesday. The stock has a 50 day moving average of $67.36 and a 200 day moving average of $67.28. 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.

Ferrovial (NASDAQ:FER) last announced its quarterly earnings data on Saturday, February 14th. The company reported $0.32 earnings per share (EPS) for the quarter. The company had revenue of $3.19 billion for the quarter.

Ferrovial Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, June 15th. Investors of record on Tuesday, May 19th will be paid a dividend of $0.5578 per share. 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.