UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Sells 655,754 Shares of Ferrovial SE $FER

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC trimmed its holdings in shares of Ferrovial SE (NASDAQ:FER) by 36.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,160,727 shares of the company’s stock after selling 655,754 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned 0.16% of Ferrovial worth $52,140,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the business. Hsbc Holdings PLC grew its stake in shares of Ferrovial by 0.8% during the 1st quarter. Hsbc Holdings PLC now owns 24,913,875 shares of the company’s stock worth $1,107,414,000 after acquiring an additional 196,985 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Ferrovial by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 19,355,835 shares of the company’s stock worth $865,748,000 after acquiring an additional 452,211 shares in the last quarter. TCI Fund Management Ltd. grew its stake in shares of Ferrovial by 1.2% during the 4th quarter. TCI Fund Management Ltd. now owns 19,333,428 shares of the company’s stock worth $812,724,000 after acquiring an additional 238,184 shares in the last quarter. Amundi grew its stake in shares of Ferrovial by 43.9% during the 1st quarter. Amundi now owns 17,636,889 shares of the company’s stock worth $808,475,000 after acquiring an additional 5,376,610 shares in the last quarter. Finally, Citigroup Inc. grew its stake in shares of Ferrovial by 0.8% during the 1st quarter. Citigroup Inc. now owns 8,546,672 shares of the company’s stock worth $380,178,000 after acquiring an additional 70,197 shares in the last quarter. 22.28% of the stock is owned by institutional investors.

Ferrovial Stock Up 0.5%

Shares of Ferrovial stock opened at $57.57 on Monday. The business has a fifty day simple moving average of $53.77 and a two-hundred day simple moving average of $50.05. Ferrovial SE has a 1 year low of $37.93 and a 1 year high of $57.72.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on FER shares. BNP Paribas raised shares of Ferrovial from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 24th. Morgan Stanley reaffirmed an “overweight” rating on shares of Ferrovial in a research note on Wednesday, June 25th. Wall Street Zen cut shares of Ferrovial from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Finally, BNP Paribas Exane raised shares of Ferrovial from an “underperform” rating to a “neutral” rating in a research note on Tuesday, June 24th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

About Ferrovial

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.