Public Employees Retirement System of Ohio Purchases Shares of 43,305 Ferrovial SE (NASDAQ:FER)

Public Employees Retirement System of Ohio acquired a new position in shares of Ferrovial SE (NASDAQ:FER) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 43,305 shares of the company’s stock, valued at approximately $1,865,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hsbc Holdings PLC acquired a new position in Ferrovial in the second quarter valued at $921,680,000. Legal & General Group Plc purchased a new position in shares of Ferrovial in the 2nd quarter worth about $325,256,000. Toronto Dominion Bank acquired a new position in shares of Ferrovial in the 2nd quarter valued at about $79,653,000. Bank of Montreal Can purchased a new stake in shares of Ferrovial during the 2nd quarter worth about $69,715,000. Finally, Brookfield Corp ON acquired a new stake in Ferrovial during the 3rd quarter worth approximately $71,881,000. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Ferrovial Trading Down 2.4 %

Shares of NASDAQ:FER opened at $41.85 on Thursday. Ferrovial SE has a one year low of $35.30 and a one year high of $48.29. The business’s 50-day simple moving average is $40.83 and its 200 day simple moving average is $40.87.

Ferrovial Cuts Dividend

The company also recently announced a — dividend, which will be paid on Friday, December 27th. Stockholders of record on Monday, December 16th will be paid a $0.0366 dividend. The ex-dividend date of this dividend is Monday, December 16th.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. Royal Bank of Canada raised shares of Ferrovial to a “hold” rating in a research report on Tuesday, November 12th. Bank of America upgraded shares of Ferrovial from a “neutral” rating to a “buy” rating in a report on Tuesday, December 3rd.

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.