150,103 Shares in Ferrovial SE (NASDAQ:FER) Bought by State Street Corp

State Street Corp purchased a new stake in shares of Ferrovial SE (NASDAQ:FER) in the third quarter, Holdings Channel reports. The firm purchased 150,103 shares of the company’s stock, valued at approximately $6,483,000.

Other institutional investors have also recently bought and sold shares of the company. Susquehanna International Securities Ltd. purchased a new stake in shares of Ferrovial in the second quarter worth approximately $228,000. Allspring Global Investments Holdings LLC purchased a new stake in Ferrovial in the 3rd quarter valued at $296,000. Oppenheimer Asset Management Inc. bought a new position in Ferrovial during the 2nd quarter valued at $307,000. Hancock Whitney Corp purchased a new position in Ferrovial during the 2nd quarter worth $352,000. Finally, Acadian Asset Management LLC bought a new stake in shares of Ferrovial in the 2nd quarter worth $370,000. Institutional investors and hedge funds own 22.28% of the company’s stock.

Ferrovial Stock Down 0.5 %

Shares of Ferrovial stock opened at $42.37 on Friday. Ferrovial SE has a 1 year low of $35.30 and a 1 year high of $48.29. The stock has a fifty day moving average price of $40.95 and a 200-day moving average price of $40.98.

Ferrovial Cuts Dividend

The business also recently disclosed a — dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 16th were issued a dividend of $0.0366 per share. The ex-dividend date of this dividend was Monday, December 16th.

Wall Street Analysts Forecast Growth

FER has been the topic of a number of recent analyst reports. Bank of America raised shares of Ferrovial from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 3rd. Royal Bank of Canada upgraded Ferrovial to a “hold” rating in a research note on Tuesday, November 12th.

About Ferrovial

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.