SG Americas Securities LLC Grows Position in Ferrovial SE $FER

SG Americas Securities LLC lifted its position in shares of Ferrovial SE (NASDAQ:FER) by 93.4% during the second quarter, Holdings Channel.com reports. The firm owned 6,830 shares of the company’s stock after acquiring an additional 3,298 shares during the period. SG Americas Securities LLC’s holdings in Ferrovial were worth $366,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Banque Cantonale Vaudoise purchased a new stake in Ferrovial during the first quarter worth $150,000. Earned Wealth Advisors LLC acquired a new position in shares of Ferrovial in the second quarter worth about $240,000. Simon Quick Advisors LLC purchased a new stake in shares of Ferrovial during the 2nd quarter worth about $274,000. Townsquare Capital LLC grew its position in shares of Ferrovial by 23.5% during the 1st quarter. Townsquare Capital LLC now owns 6,872 shares of the company’s stock valued at $309,000 after acquiring an additional 1,306 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in shares of Ferrovial by 2.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,693 shares of the company’s stock valued at $412,000 after purchasing an additional 214 shares in the last quarter. 22.28% of the stock is currently owned by institutional investors and hedge funds.

Ferrovial Price Performance

Shares of Ferrovial stock opened at $65.83 on Friday. The business has a 50 day simple moving average of $62.08 and a two-hundred day simple moving average of $56.22. Ferrovial SE has a 12 month low of $40.07 and a 12 month high of $66.00.

Ferrovial Dividend Announcement

The company also recently disclosed a special dividend, which was paid on Tuesday, November 25th. Investors of record on Monday, October 27th were paid a $0.4769 dividend. The ex-dividend date of this dividend was Monday, October 27th.

Wall Street Analyst Weigh In

FER has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Ferrovial in a research report on Monday, November 3rd. Weiss Ratings reiterated 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 two have assigned a Hold rating to the stock. According to MarketBeat.com, Ferrovial presently 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.