Ferrovial SE $FER Shares Acquired by Fisher Asset Management LLC

Fisher Asset Management LLC grew its holdings in Ferrovial SE (NASDAQ:FER) by 30.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 496,437 shares of the company’s stock after purchasing an additional 116,229 shares during the quarter. Fisher Asset Management LLC owned 0.07% of Ferrovial worth $26,594,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. AlphaCore Capital LLC purchased a new position in Ferrovial in the 2nd quarter valued at approximately $83,000. Earned Wealth Advisors LLC acquired a new stake in shares of Ferrovial in the second quarter valued at $240,000. Simon Quick Advisors LLC purchased a new position in Ferrovial in the second quarter valued at $274,000. Townsquare Capital LLC grew its stake in Ferrovial by 23.5% during the 1st quarter. Townsquare Capital LLC now owns 6,872 shares of the company’s stock worth $309,000 after purchasing an additional 1,306 shares in the last quarter. Finally, SG Americas Securities LLC increased its holdings in Ferrovial by 93.4% during the 2nd quarter. SG Americas Securities LLC now owns 6,830 shares of the company’s stock worth $366,000 after purchasing an additional 3,298 shares during the period. 22.28% of the stock is owned by hedge funds and other institutional investors.

Ferrovial Price Performance

Shares of NASDAQ FER opened at $65.33 on Wednesday. The stock’s 50-day simple moving average is $62.37 and its 200-day simple moving average is $56.52. Ferrovial SE has a fifty-two week low of $40.07 and a fifty-two week high of $66.00.

Ferrovial Dividend Announcement

The business also recently disclosed a special dividend, which was paid on Tuesday, November 25th. Stockholders of record on Monday, October 27th were given a dividend of $0.4769 per share. The ex-dividend date was Monday, October 27th.

Analysts Set New Price Targets

Several brokerages have recently issued reports on FER. Weiss Ratings reiterated a “buy (b+)” rating on shares of Ferrovial in a research note on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ferrovial in a report on Monday, November 3rd. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock 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.