Ferrovial SE $FER is Banco Santander S.A.’s 8th Largest Position

Banco Santander S.A. decreased its holdings in Ferrovial SE (NASDAQ:FER) by 36.5% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,241,709 shares of the company’s stock after selling 2,433,479 shares during the period. Ferrovial makes up about 2.2% of Banco Santander S.A.’s holdings, making the stock its 8th biggest holding. Banco Santander S.A. owned approximately 0.57% of Ferrovial worth $227,228,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in FER. Amundi boosted its stake in shares of Ferrovial by 43.9% in the 1st quarter. Amundi now owns 17,636,889 shares of the company’s stock valued at $808,475,000 after purchasing an additional 5,376,610 shares in the last quarter. Maple Brown Abbott Ltd purchased a new stake in shares of Ferrovial in the 1st quarter valued at $152,224,000. Nuveen LLC purchased a new stake in shares of Ferrovial in the 1st quarter valued at $65,565,000. Credit Agricole S A boosted its stake in shares of Ferrovial by 45.2% in the 1st quarter. Credit Agricole S A now owns 3,951,264 shares of the company’s stock valued at $177,491,000 after purchasing an additional 1,229,993 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in Ferrovial by 2.4% during the 1st quarter. Vanguard Group Inc. now owns 19,355,835 shares of the company’s stock valued at $865,748,000 after buying an additional 452,211 shares during the period. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Ferrovial Stock Up 1.3%

NASDAQ:FER opened at $64.40 on Monday. The company has a 50-day moving average price of $58.07 and a 200-day moving average price of $53.39. Ferrovial SE has a 12 month low of $37.93 and a 12 month high of $64.73.

Ferrovial Dividend Announcement

The business also recently announced a special dividend, which will be paid on Wednesday, December 3rd. Stockholders of record on Monday, October 27th will be given a $0.4769 dividend. The ex-dividend date of this dividend is Monday, October 27th.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Wall Street Zen cut shares of Ferrovial from a “buy” rating to a “hold” rating in a research report on Saturday, July 26th. Weiss Ratings reissued a “buy (b+)” rating on shares of Ferrovial in a research report on Saturday. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Ferrovial has a consensus rating of “Moderate Buy”.

Ferrovial Company 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.