Allspring Global Investments Holdings LLC Has $404,000 Stock Holdings in Ferrovial SE (NASDAQ:FER)

Allspring Global Investments Holdings LLC decreased its position in shares of Ferrovial SE (NASDAQ:FER) by 12.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,077 shares of the company’s stock after selling 1,342 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Ferrovial were worth $404,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of FER. Charles Schwab Investment Management Inc. increased its holdings in shares of Ferrovial by 3.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 22,497 shares of the company’s stock worth $946,000 after buying an additional 738 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Ferrovial during the fourth quarter worth approximately $466,000. Natixis Advisors LLC increased its holdings in shares of Ferrovial by 95.8% during the fourth quarter. Natixis Advisors LLC now owns 20,246 shares of the company’s stock worth $851,000 after buying an additional 9,904 shares in the last quarter. Generali Asset Management SPA SGR acquired a new stake in shares of Ferrovial during the fourth quarter worth approximately $909,000. Finally, Maryland State Retirement & Pension System increased its holdings in shares of Ferrovial by 3.9% during the fourth quarter. Maryland State Retirement & Pension System now owns 645,339 shares of the company’s stock worth $27,134,000 after buying an additional 24,268 shares in the last quarter. Institutional investors and hedge funds own 22.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. BNP Paribas Exane raised shares of Ferrovial from an “underperform” rating to a “neutral” rating in a research note on Tuesday, June 24th. Wall Street Zen cut shares of Ferrovial from a “buy” rating to a “hold” rating in a research note on Friday, June 6th. Morgan Stanley reissued an “overweight” rating on shares of Ferrovial in a research note on Wednesday, June 25th. Finally, BNP Paribas raised shares of Ferrovial from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 24th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold”.

Ferrovial Stock Down 1.0%

Shares of FER stock opened at $52.32 on Friday. Ferrovial SE has a 52-week low of $37.93 and a 52-week high of $56.43. The firm’s 50 day moving average price is $51.40 and its two-hundred day moving average price is $46.51.

Ferrovial Increases Dividend

The firm also recently disclosed a — dividend, which was paid on Wednesday, June 25th. Shareholders of record on Friday, May 23rd were paid a $0.3029 dividend. The ex-dividend date was Friday, May 23rd. This is a boost from Ferrovial’s previous — dividend of $0.04.

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.