Quantinno Capital Management LP Purchases 76,919 Shares of Ferrovial SE $FER

Quantinno Capital Management LP lifted its holdings in Ferrovial SE (NASDAQ:FER) by 30.1% in the first quarter, HoldingsChannel.com reports. The fund owned 332,451 shares of the company’s stock after buying an additional 76,919 shares during the quarter. Quantinno Capital Management LP’s holdings in Ferrovial were worth $21,564,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. GF Fund Management CO. LTD. purchased a new position in shares of Ferrovial during the fourth quarter valued at about $10,000,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Ferrovial during the fourth quarter valued at $14,833,000. Bank of Italy grew its stake in Ferrovial by 20.8% in the fourth quarter. Bank of Italy now owns 2,663,198 shares of the company’s stock worth $173,173,000 after purchasing an additional 459,192 shares in the last quarter. Tudor Investment Corp ET AL purchased a new position in shares of Ferrovial during the third quarter valued at $11,007,000. Finally, Sumitomo Mitsui Trust Group Inc. purchased a new position in Ferrovial during the 4th quarter valued at about $8,270,000. 22.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on FER. Citigroup lowered Ferrovial from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $75.30 to $70.00 in a research report on Wednesday, May 27th. Zacks Research raised shares of Ferrovial to a “hold” rating in a report on Tuesday, May 19th. Finally, Weiss Ratings cut Ferrovial from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $70.47.

Ferrovial Trading Down 0.0%

Shares of Ferrovial stock opened at $65.10 on Friday. Ferrovial SE has a fifty-two week low of $50.72 and a fifty-two week high of $74.79. The company has a current ratio of 1.20, a quick ratio of 1.05 and a debt-to-equity ratio of 1.39. The firm has a 50-day simple moving average of $66.43 and a two-hundred day simple moving average of $67.79.

Ferrovial Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, June 15th. Stockholders of record on Tuesday, May 19th were paid a dividend of $0.5578 per share. The ex-dividend date of this dividend was Tuesday, May 19th.

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.