Legal & General Group Plc Takes $325.26 Million Position in Ferrovial SE (NASDAQ:FER)

Legal & General Group Plc acquired a new stake in shares of Ferrovial SE (NASDAQ:FER) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 8,369,769 shares of the company’s stock, valued at approximately $325,256,000. Legal & General Group Plc owned about 1.13% of Ferrovial as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of FER. Canada Pension Plan Investment Board bought a new position in shares of Ferrovial during the second quarter valued at approximately $19,051,000. M&G Plc bought a new position in Ferrovial during the 2nd quarter worth $43,583,000. Exane Asset Management acquired a new stake in Ferrovial in the second quarter worth $20,938,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Ferrovial in the second quarter valued at $11,119,000. Finally, DekaBank Deutsche Girozentrale acquired a new position in shares of Ferrovial during the second quarter valued at $59,403,000.

Ferrovial Stock Performance

FER stock opened at $43.31 on Friday. The business has a 50-day moving average price of $41.27. Ferrovial SE has a fifty-two week low of $29.50 and a fifty-two week high of $48.29.

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.