Ferrovial (NASDAQ:FER) Shares Gap Up – Here’s Why

Ferrovial SE (NASDAQ:FER – Get Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $42.29, but opened at $43.83. Ferrovial shares last traded at $43.48, with a volume of 22,351 shares. Analysts Set New Price Targets Several research firms have issued reports on FER. Bank of [...]

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Ferrovial SE ( NASDAQ:FER – Get Free Report )’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $42.29, but opened at $43.

83. Ferrovial shares last traded at $43.48, with a volume of 22,351 shares.



Analysts Set New Price Targets Several research firms have issued reports on FER. Bank of America raised Ferrovial from a “neutral” rating to a “buy” rating in a report on Tuesday, December 3rd. Royal Bank of Canada raised Ferrovial to a “hold” rating in a research report on Tuesday, November 12th.

View Our Latest Research Report on FER Ferrovial Stock Performance Ferrovial Cuts Dividend The firm also recently disclosed a — dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 16th were issued a $0.0366 dividend.

The ex-dividend date of this dividend was Monday, December 16th. Institutional Investors Weigh In On Ferrovial Large investors have recently added to or reduced their stakes in the stock. TD Asset Management Inc bought a new stake in shares of Ferrovial during the 2nd quarter worth $5,436,000.

National Bank of Canada FI bought a new stake in Ferrovial during the second quarter valued at about $592,000. Acadian Asset Management LLC acquired a new stake in shares of Ferrovial in the second quarter valued at about $370,000. Prudential PLC bought a new position in shares of Ferrovial in the second quarter worth about $2,121,000.

Finally, Exane Asset Management acquired a new position in shares of Ferrovial during the 2nd quarter worth about $20,938,000. Institutional investors own 22.28% of the company’s stock.

About Ferrovial ( Get Free Report ) 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.

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