Ferrovial SE $FER Holdings Increased by ProShare Advisors LLC

ProShare Advisors LLC increased its position in Ferrovial SE (NASDAQ:FER) by 4.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 758,817 shares of the company’s stock after acquiring an additional 32,683 shares during the quarter. ProShare Advisors LLC’s holdings in Ferrovial were worth $41,036,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in FER. Elevation Wealth Partners LLC boosted its position in Ferrovial by 172.3% during the 3rd quarter. Elevation Wealth Partners LLC now owns 689 shares of the company’s stock worth $37,000 after buying an additional 436 shares during the period. Farther Finance Advisors LLC grew its holdings in Ferrovial by 32.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,103 shares of the company’s stock worth $60,000 after acquiring an additional 272 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Ferrovial by 73.8% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,505 shares of the company’s stock valued at $163,000 after acquiring an additional 1,064 shares during the period. Signaturefd LLC increased its position in Ferrovial by 48.1% in the 3rd quarter. Signaturefd LLC now owns 3,195 shares of the company’s stock valued at $173,000 after acquiring an additional 1,037 shares during the period. Finally, Keybank National Association OH acquired a new position in Ferrovial in the 1st quarter valued at approximately $202,000. Institutional investors own 22.28% of the company’s stock.

Ferrovial Price Performance

Shares of FER stock opened at $55.29 on Monday. The business’s 50 day simple moving average is $54.57 and its 200 day simple moving average is $64.28. The company has a current ratio of 1.20, a quick ratio of 1.09 and a debt-to-equity ratio of 1.39. Ferrovial SE has a one year low of $48.00 and a one year high of $74.79.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Mediobanca upgraded shares of Ferrovial to an “outperform” rating in a report on Wednesday, August 19th. Deutsche Bank Aktiengesellschaft downgraded Ferrovial from a “buy” rating to a “hold” rating in a report on Tuesday, October 20th. Kepler Capital Markets downgraded Ferrovial from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 17th. Bank of America reaffirmed a “buy” rating on shares of Ferrovial in a research report on Monday, September 14th. Finally, JPMorgan Chase & Co. downgraded Ferrovial from an “overweight” rating to a “neutral” rating in a report on Tuesday, October 6th. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $70.47.

Ferrovial Company Profile

Ferrovial SE is a global infrastructure company that develops, finances, operates and maintains transportation and other essential infrastructure. Its activities primarily focus on toll roads and mobility infrastructure, airports, energy infrastructure and construction services. The company participates in projects through development, investment, operations and long-term maintenance, often under public-private partnership and concession arrangements.

Ferrovial’s transportation portfolio includes managed-lane and toll-road projects, while its airports business has included the development and operation of airport infrastructure.