ASR Vermogensbeheer N.V. Grows Stake in Ferrovial SE $FER

ASR Vermogensbeheer N.V. boosted its position in Ferrovial SE (NASDAQ:FER) by 3.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 226,766 shares of the company’s stock after purchasing an additional 7,911 shares during the period. ASR Vermogensbeheer N.V.’s holdings in Ferrovial were worth $12,997,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Norges Bank bought a new position in shares of Ferrovial in the 2nd quarter worth approximately $498,625,000. Vanguard Group Inc. raised 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 worth $1,064,584,000 after acquiring an additional 601,503 shares during the period. Hsbc Holdings PLC raised its position in Ferrovial by 1.9% in the second 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 period. Acadian Asset Management LLC purchased a new position in shares of Ferrovial during the 2nd quarter worth $15,097,000. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Ferrovial by 144.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 454,483 shares of the company’s stock valued at $24,238,000 after acquiring an additional 268,774 shares during the period. 22.28% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on FER shares. Morgan Stanley reaffirmed an “overweight” rating on shares of Ferrovial in a report on Wednesday, January 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ferrovial in a research report on Monday, November 3rd. Sanford C. Bernstein lowered shares of Ferrovial from a “strong-buy” rating to a “market perform” rating in a report on Wednesday, December 10th. Citigroup reaffirmed a “buy” rating and set a $75.30 price target (up previously from $72.10) on shares of Ferrovial in a report on Friday, December 19th. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Ferrovial in a research report on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Ferrovial currently has an average rating of “Moderate Buy” and a consensus price target of $75.30.

Ferrovial Stock Performance

Shares of NASDAQ:FER opened at $68.21 on Friday. The business has a fifty day moving average of $65.61 and a two-hundred day moving average of $59.85. Ferrovial SE has a 52-week low of $40.46 and a 52-week high of $68.54.

Ferrovial Dividend Announcement

The business also recently announced a special dividend, which was paid on Monday, December 22nd. Investors of record on Friday, December 5th were paid a dividend of $0.077 per share. The ex-dividend date of this dividend was Friday, December 5th.

About Ferrovial

Ferrovial, SA is a Spanish multinational infrastructure company headquartered in Madrid that develops, constructs, operates and maintains transport and urban infrastructure. Its core activities include the design and construction of large civil engineering projects, the development and operation of transport concessions such as toll roads and airports, and the provision of urban and industrial services and maintenance. The company typically operates through long-term concession and public-private partnership models, combining construction expertise with asset management and operations.

Within its operating model, Ferrovial’s business spans construction contracting, concession management and services.