ASR Vermogensbeheer N.V. Sells 5,461 Shares of Ferrovial SE $FER

ASR Vermogensbeheer N.V. cut its stake in shares of Ferrovial SE (NASDAQ:FER) by 2.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 218,855 shares of the company’s stock after selling 5,461 shares during the period. ASR Vermogensbeheer N.V.’s holdings in Ferrovial were worth $11,626,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Hsbc Holdings PLC boosted its holdings in Ferrovial by 0.8% during the first quarter. Hsbc Holdings PLC now owns 24,913,875 shares of the company’s stock worth $1,107,414,000 after buying an additional 196,985 shares during the last quarter. Vanguard Group Inc. raised its position in shares of Ferrovial by 2.4% in the 1st quarter. Vanguard Group Inc. now owns 19,355,835 shares of the company’s stock valued at $865,748,000 after acquiring an additional 452,211 shares during the period. Amundi boosted its stake in Ferrovial by 43.9% during the 1st quarter. Amundi now owns 17,636,889 shares of the company’s stock worth $808,475,000 after acquiring an additional 5,376,610 shares during the last quarter. Citigroup Inc. boosted its stake in Ferrovial by 0.8% during the 1st quarter. Citigroup Inc. now owns 8,546,672 shares of the company’s stock worth $380,178,000 after acquiring an additional 70,197 shares during the last quarter. Finally, Credit Agricole S A grew its holdings in Ferrovial by 45.2% during the first quarter. Credit Agricole S A now owns 3,951,264 shares of the company’s stock valued at $177,491,000 after purchasing an additional 1,229,993 shares during the period. Institutional investors and hedge funds own 22.28% of the company’s stock.

Ferrovial Price Performance

FER opened at $59.98 on Friday. The business’s 50-day moving average price is $55.14 and its two-hundred day moving average price is $51.30. Ferrovial SE has a 1 year low of $37.93 and a 1 year high of $60.00.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. BNP Paribas Exane upgraded shares of Ferrovial from an “underperform” rating to a “neutral” rating in a report on Tuesday, June 24th. Morgan Stanley reaffirmed an “overweight” rating on shares of Ferrovial in a research note on Wednesday, June 25th. Wall Street Zen cut Ferrovial from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Finally, BNP Paribas upgraded Ferrovial from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 24th. Two analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

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.