Amundi Sells 6,124,790 Shares of Ferrovial SE $FER

Amundi trimmed its holdings in shares of Ferrovial SE (NASDAQ:FER) by 34.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,512,099 shares of the company’s stock after selling 6,124,790 shares during the period. Amundi owned about 1.55% of Ferrovial worth $609,566,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Hsbc Holdings PLC grew its position in Ferrovial by 1.9% during the 2nd quarter. Hsbc Holdings PLC now owns 25,386,224 shares of the company’s stock worth $1,348,444,000 after acquiring an additional 472,349 shares during the last quarter. Vanguard Group Inc. lifted its position in Ferrovial by 3.1% in the second quarter. Vanguard Group Inc. now owns 19,957,338 shares of the company’s stock valued at $1,064,584,000 after purchasing an additional 601,503 shares during the last quarter. Norges Bank purchased a new stake in shares of Ferrovial during the second quarter valued at approximately $498,625,000. Citigroup Inc. grew its holdings in shares of Ferrovial by 0.8% in the first quarter. Citigroup Inc. now owns 8,546,672 shares of the company’s stock worth $380,178,000 after purchasing an additional 70,197 shares during the last quarter. Finally, Credit Agricole S A increased its stake in shares of Ferrovial by 45.2% in the first quarter. Credit Agricole S A now owns 3,951,264 shares of the company’s stock worth $177,491,000 after buying an additional 1,229,993 shares during the period. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Ferrovial Price Performance

FER stock opened at $66.08 on Friday. Ferrovial SE has a 1 year low of $40.07 and a 1 year high of $66.82. The firm has a 50-day moving average of $62.77 and a 200 day moving average of $56.65.

Ferrovial Announces Dividend

The company also recently announced a special dividend, which will be paid on Monday, December 22nd. Stockholders of record on Friday, December 5th will be paid a $0.077 dividend. The ex-dividend date is Friday, December 5th.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Weiss Ratings reissued a “buy (b+)” rating on shares of Ferrovial in a report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Ferrovial in a report on Monday, November 3rd. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Ferrovial has an average 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.