Ferrovial SE $FER Stock: Vantage Investment Partners LLC Raises Stake

Vantage Investment Partners LLC lifted its stake in Ferrovial SE (NASDAQ:FER) by 47.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 519,370 shares of the company’s stock after purchasing an additional 167,439 shares during the quarter. Ferrovial accounts for approximately 1.7% of Vantage Investment Partners LLC’s holdings, making the stock its 20th biggest position. Vantage Investment Partners LLC’s holdings in Ferrovial were worth $28,098,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of FER. Farther Finance Advisors LLC boosted its stake in Ferrovial by 32.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,103 shares of the company’s stock worth $60,000 after purchasing an additional 272 shares in the last quarter. Elevation Wealth Partners LLC grew its position in Ferrovial by 172.3% during the 3rd quarter. Elevation Wealth Partners LLC now owns 689 shares of the company’s stock valued at $37,000 after purchasing an additional 436 shares during the last quarter. Blue Trust Inc. grew its position in Ferrovial by 136.8% during the 1st quarter. Blue Trust Inc. now owns 779 shares of the company’s stock valued at $51,000 after purchasing an additional 450 shares during the last quarter. Groupama Asset Managment increased its stake in Ferrovial by 4.2% during the 1st quarter. Groupama Asset Managment now owns 12,377 shares of the company’s stock valued at $805,000 after purchasing an additional 499 shares in the last quarter. Finally, Versant Capital Management Inc increased its stake in Ferrovial by 6.8% during the 2nd quarter. Versant Capital Management Inc now owns 9,542 shares of the company’s stock valued at $654,000 after purchasing an additional 610 shares in the last quarter. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Wall Street Analysts Forecast Growth

FER has been the subject of several recent analyst reports. JPMorgan Chase & Co. cut shares of Ferrovial from an “overweight” rating to a “neutral” rating in a report on Tuesday, October 6th. Zacks Research cut shares of Ferrovial from a “hold” rating to a “strong sell” rating in a report on Friday, August 14th. UBS Group cut shares of Ferrovial from a “buy” rating to a “neutral” rating in a report on Wednesday, August 26th. Bank of America reissued a “buy” rating on shares of Ferrovial in a research report on Monday, September 14th. Finally, Morgan Stanley restated an “overweight” rating on shares of Ferrovial in a report on Tuesday, September 22nd. Four research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Ferrovial currently has a consensus rating of “Hold” and a consensus target price of $70.47.

Ferrovial Trading Up 0.9%

FER stock opened at $54.53 on Thursday. Ferrovial SE has a 1-year low of $48.00 and a 1-year high of $74.79. The business has a fifty day moving average price of $54.88 and a 200-day moving average price of $64.39. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.09 and a current ratio of 1.20.

Ferrovial Profile

Ferrovial SE is a global infrastructure company that develops, finances, operates and maintains transportation and other essential infrastructure. Its activities primarily focus on toll roads and mobility infrastructure, airports, energy infrastructure and construction services. The company participates in projects through development, investment, operations and long-term maintenance, often under public-private partnership and concession arrangements.

Ferrovial’s transportation portfolio includes managed-lane and toll-road projects, while its airports business has included the development and operation of airport infrastructure.