Optiver Holding B.V. Boosts Holdings in Ferrovial SE $FER

Optiver Holding B.V. boosted its stake in shares of Ferrovial SE (NASDAQ:FER) by 349.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 65,216 shares of the company’s stock after purchasing an additional 50,710 shares during the quarter. Optiver Holding B.V.’s holdings in Ferrovial were worth $4,242,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of FER. Royal Bank of Canada grew its holdings in Ferrovial by 2.0% during the first quarter. Royal Bank of Canada now owns 12,560 shares of the company’s stock worth $564,000 after acquiring an additional 246 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Ferrovial by 880.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 53,332 shares of the company’s stock valued at $2,204,000 after acquiring an additional 47,892 shares during the period. Jane Street Group LLC lifted its holdings in Ferrovial by 346.5% in the first quarter. Jane Street Group LLC now owns 24,238 shares of the company’s stock valued at $1,080,000 after acquiring an additional 18,809 shares during the period. Quantbot Technologies LP purchased a new stake in Ferrovial in the 2nd quarter worth approximately $310,000. Finally, Marshall Wace LLP boosted its position in Ferrovial by 481.5% in the 2nd quarter. Marshall Wace LLP now owns 166,778 shares of the company’s stock worth $8,934,000 after purchasing an additional 138,098 shares in the last quarter. Institutional investors and hedge funds own 22.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Zacks Research upgraded shares of Ferrovial to a “hold” rating in a research report on Tuesday, May 19th. Weiss Ratings downgraded shares of Ferrovial from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday. Finally, Citigroup lowered shares of Ferrovial from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $75.30 to $70.00 in a research note on Wednesday, May 27th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $70.47.

Ferrovial Price Performance

Ferrovial stock opened at $65.10 on Friday. Ferrovial SE has a 12 month low of $50.72 and a 12 month high of $74.79. The business has a 50 day simple moving average of $66.43 and a 200-day simple moving average of $67.79. The company has a debt-to-equity ratio of 1.39, a quick ratio of 1.05 and a current ratio of 1.20.

Ferrovial Announces Dividend

The business also recently declared a dividend, which was paid on Monday, June 15th. Investors of record on Tuesday, May 19th were paid a $0.5578 dividend. The ex-dividend date of this dividend was Tuesday, May 19th.

About Ferrovial

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.