Voya Investment Management LLC Decreases Stock Position in Ferrovial SE $FER

Voya Investment Management LLC decreased its holdings in shares of Ferrovial SE (NASDAQ:FER) by 9.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,473 shares of the company’s stock after selling 7,626 shares during the period. Voya Investment Management LLC’s holdings in Ferrovial were worth $3,313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Jane Street Group LLC purchased a new position in Ferrovial in the fourth quarter valued at $228,000. BNP Paribas Financial Markets purchased a new position in shares of Ferrovial in the 4th quarter valued at about $25,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Ferrovial by 24.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,440 shares of the company’s stock worth $225,000 after buying an additional 1,073 shares in the last quarter. Mackenzie Financial Corp lifted its position in Ferrovial by 10.7% during the fourth quarter. Mackenzie Financial Corp now owns 84,106 shares of the company’s stock valued at $3,535,000 after buying an additional 8,116 shares in the last quarter. Finally, Lansforsakringar Fondforvaltning AB publ bought a new stake in shares of Ferrovial in the fourth quarter worth $6,738,000. 22.28% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

FER has been the subject of a number of research analyst reports. Morgan Stanley reissued an “overweight” rating on shares of Ferrovial in a report on Wednesday, June 25th. Wall Street Zen cut Ferrovial from a “buy” rating to a “hold” rating in a research report on Saturday, July 26th. BNP Paribas Exane upgraded Ferrovial from an “underperform” rating to a “neutral” rating in a research report on Tuesday, June 24th. Finally, BNP Paribas upgraded Ferrovial from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 24th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Ferrovial Trading Down 0.9%

Shares of Ferrovial stock opened at $57.65 on Friday. The business’s fifty day simple moving average is $54.29 and its 200 day simple moving average is $50.43. Ferrovial SE has a 12 month low of $37.93 and a 12 month high of $58.40.

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.