Ferrovial SE (NASDAQ:FER) Shares Bought by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. raised its position in shares of Ferrovial SE (NASDAQ:FER) by 9.8% in the fourth quarter, Holdings Channel.com reports. The fund owned 105,932 shares of the company’s stock after acquiring an additional 9,458 shares during the quarter. Royal London Asset Management Ltd.’s holdings in Ferrovial were worth $4,452,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Partners Group Holding AG acquired a new position in Ferrovial in the 3rd quarter valued at $36,538,000. Charles Schwab Investment Management Inc. purchased a new stake in shares of Ferrovial during the third quarter worth $940,000. Luxor Capital Group LP raised its position in shares of Ferrovial by 203.8% in the third quarter. Luxor Capital Group LP now owns 871,945 shares of the company’s stock valued at $37,659,000 after buying an additional 584,963 shares during the last quarter. Zurich Insurance Group Ltd FI lifted its stake in shares of Ferrovial by 183.0% in the third quarter. Zurich Insurance Group Ltd FI now owns 332,034 shares of the company’s stock worth $14,281,000 after buying an additional 214,723 shares in the last quarter. Finally, Quantinno Capital Management LP boosted its position in Ferrovial by 59.0% during the third quarter. Quantinno Capital Management LP now owns 43,585 shares of the company’s stock worth $1,880,000 after acquiring an additional 16,173 shares during the last quarter. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Ferrovial Price Performance

NASDAQ FER opened at $44.73 on Monday. Ferrovial SE has a fifty-two week low of $36.24 and a fifty-two week high of $47.30. The stock’s fifty day moving average is $43.57 and its two-hundred day moving average is $42.18.

Analyst Ratings Changes

Separately, 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.