Public Employees Retirement System of Ohio Cuts Holdings in Ferrovial SE $FER

Public Employees Retirement System of Ohio decreased its position in Ferrovial SE (NASDAQ:FER) by 2.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 37,006 shares of the company’s stock after selling 1,053 shares during the period. Public Employees Retirement System of Ohio’s holdings in Ferrovial were worth $1,965,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets acquired a new position in Ferrovial in the 4th quarter valued at about $25,000. Banque Cantonale Vaudoise acquired a new position in Ferrovial in the 1st quarter valued at about $150,000. Jane Street Group LLC acquired a new position in Ferrovial in the 4th quarter valued at about $228,000. Townsquare Capital LLC lifted its holdings in shares of Ferrovial by 23.5% in the 1st quarter. Townsquare Capital LLC now owns 6,872 shares of the company’s stock worth $309,000 after acquiring an additional 1,306 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its holdings in shares of Ferrovial by 14.3% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 8,597 shares of the company’s stock worth $386,000 after acquiring an additional 1,076 shares during the last quarter. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Ferrovial Trading Down 0.3%

Shares of FER opened at $59.80 on Friday. The company has a 50-day simple moving average of $55.27 and a 200-day simple moving average of $51.41. Ferrovial SE has a 52-week low of $37.93 and a 52-week high of $59.99.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Morgan Stanley restated an “overweight” rating on shares of Ferrovial in a report on Wednesday, June 25th. BNP Paribas Exane raised shares of Ferrovial from an “underperform” rating to a “neutral” rating in a research note on Tuesday, June 24th. BNP Paribas raised shares of Ferrovial from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 24th. Wall Street Zen cut shares of Ferrovial from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Ferrovial in a report on Saturday, September 27th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Ferrovial has a consensus rating of “Moderate Buy”.

Ferrovial 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.