Charles Schwab Investment Management Inc. Raises Stock Holdings in Ferrovial SE (NASDAQ:FER)

Charles Schwab Investment Management Inc. lifted its stake in Ferrovial SE (NASDAQ:FER) by 3.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,497 shares of the company’s stock after buying an additional 738 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Ferrovial were worth $946,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in FER. Luxor Capital Group LP boosted its stake 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 worth $37,659,000 after acquiring an additional 584,963 shares during the period. Zurich Insurance Group Ltd FI boosted its stake in Ferrovial by 183.0% in the 3rd quarter. Zurich Insurance Group Ltd FI now owns 332,034 shares of the company’s stock worth $14,281,000 after purchasing an additional 214,723 shares during the period. Quantinno Capital Management LP grew its holdings in Ferrovial by 59.0% during the 3rd quarter. Quantinno Capital Management LP now owns 43,585 shares of the company’s stock valued at $1,880,000 after buying an additional 16,173 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Ferrovial by 40.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,573,215 shares of the company’s stock valued at $197,517,000 after buying an additional 1,326,065 shares in the last quarter. Finally, Exane Asset Management bought a new stake in shares of Ferrovial during the fourth quarter valued at approximately $14,359,000. 22.28% of the stock is owned by hedge funds and other institutional investors.

Ferrovial Stock Down 0.1 %

Shares of FER stock opened at $45.28 on Monday. Ferrovial SE has a 12-month low of $36.24 and a 12-month high of $47.30. The stock’s 50-day moving average price is $43.98 and its 200-day moving average price is $42.30.

Wall Street Analyst Weigh In

Separately, Bank of America raised shares of Ferrovial from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 3rd.

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.