57,784 Shares in Ferrovial SE $FER Acquired by Profund Advisors LLC

Profund Advisors LLC acquired a new position in shares of Ferrovial SE (NASDAQ:FER) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 57,784 shares of the company’s stock, valued at approximately $3,733,000.

Several other institutional investors have also recently modified their holdings of the stock. ProShare Advisors LLC raised its position in shares of Ferrovial by 2,188.3% during the 4th quarter. ProShare Advisors LLC now owns 1,194,722 shares of the company’s stock worth $77,214,000 after purchasing an additional 1,142,513 shares during the last quarter. AlphaCore Capital LLC raised its position in shares of Ferrovial by 3.2% during the 4th quarter. AlphaCore Capital LLC now owns 6,357 shares of the company’s stock worth $411,000 after purchasing an additional 197 shares during the last quarter. Thrivent Financial for Lutherans raised its position in shares of Ferrovial by 121.4% during the 4th quarter. Thrivent Financial for Lutherans now owns 391,267 shares of the company’s stock worth $25,430,000 after purchasing an additional 214,543 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. acquired a new position in shares of Ferrovial during the 4th quarter worth approximately $174,000. Finally, 49 Wealth Management LLC acquired a new position in shares of Ferrovial during the 4th quarter worth approximately $250,000. 22.28% of the stock is currently owned by institutional investors and hedge funds.

Ferrovial Price Performance

Shares of FER opened at $64.99 on Wednesday. The stock has a fifty day moving average of $67.36 and a two-hundred day moving average of $67.28. The company has a current ratio of 1.13, a quick ratio of 1.05 and a debt-to-equity ratio of 1.25. Ferrovial SE has a fifty-two week low of $50.10 and a fifty-two week high of $74.79.

Ferrovial (NASDAQ:FER) last issued its quarterly earnings results on Saturday, February 14th. The company reported $0.32 earnings per share for the quarter. The business had revenue of $3.19 billion during the quarter.

Ferrovial Dividend Announcement

The firm also recently declared a dividend, which will be paid on Monday, June 15th. Shareholders of record on Tuesday, May 19th will be issued a $0.5578 dividend. The ex-dividend date is Tuesday, May 19th.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on FER. Weiss Ratings downgraded Ferrovial from a “buy (b+)” rating to a “hold (c+)” rating in a research report on Thursday, March 5th. Jefferies Financial Group downgraded Ferrovial from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $70.42 to $70.93 in a research report on Monday, March 9th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Ferrovial currently has a consensus rating of “Hold” and an average price target of $73.12.

Ferrovial Profile

Ferrovial, SA is a Spanish multinational infrastructure company headquartered in Madrid that develops, constructs, operates and maintains transport and urban infrastructure. Its core activities include the design and construction of large civil engineering projects, the development and operation of transport concessions such as toll roads and airports, and the provision of urban and industrial services and maintenance. The company typically operates through long-term concession and public-private partnership models, combining construction expertise with asset management and operations.

Within its operating model, Ferrovial’s business spans construction contracting, concession management and services.