Earned Wealth Advisors LLC Makes New $240,000 Investment in Ferrovial SE $FER

Earned Wealth Advisors LLC purchased a new position in Ferrovial SE (NASDAQ:FER) in the 2nd quarter, HoldingsChannel reports. The fund purchased 4,472 shares of the company’s stock, valued at approximately $240,000.

Other institutional investors have also modified their holdings of the company. Banque Cantonale Vaudoise acquired a new position in shares of Ferrovial in the first quarter worth $150,000. Simon Quick Advisors LLC acquired a new position in shares of Ferrovial in the second quarter worth $274,000. Townsquare Capital LLC grew its stake in shares of Ferrovial by 23.5% in the first quarter. Townsquare Capital LLC now owns 6,872 shares of the company’s stock worth $309,000 after acquiring an additional 1,306 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Ferrovial by 2.9% in the second quarter. Envestnet Asset Management Inc. now owns 7,693 shares of the company’s stock worth $412,000 after acquiring an additional 214 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in shares of Ferrovial by 2.0% in the first quarter. Royal Bank of Canada now owns 12,560 shares of the company’s stock worth $564,000 after acquiring an additional 246 shares in the last quarter. Institutional investors and hedge funds own 22.28% of the company’s stock.

Ferrovial Trading Down 1.5%

Shares of FER stock opened at $61.73 on Friday. The firm has a fifty day moving average price of $58.87 and a 200 day moving average price of $53.99. Ferrovial SE has a 12 month low of $37.93 and a 12 month high of $65.20.

Ferrovial Dividend Announcement

The company also recently announced a special dividend, which will be paid on Wednesday, December 3rd. Investors of record on Monday, October 27th will be paid a dividend of $0.4769 per share. The ex-dividend date is Monday, October 27th.

Analyst Upgrades and Downgrades

Several equities analysts have commented on FER shares. Wall Street Zen downgraded shares of Ferrovial from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Weiss Ratings restated a “buy (b+)” rating on shares of Ferrovial in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Ferrovial has an average rating of “Moderate Buy”.

Ferrovial Company 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.