Ferrovial SE (NASDAQ:FER) has been assigned a consensus recommendation of “Moderate Buy” by six investment firms currently analyzing the stock, according to a report from MarketBeat.com. Among these analysts, three have given the stock a hold recommendation while the other three favor a buy.
Recent evaluations have influenced this consensus. On July 26, Wall Street Zen adjusted its rating for Ferrovial from “buy” to “hold.” Conversely, Weiss Ratings reaffirmed a positive outlook, maintaining a “buy (b+)” rating in a report issued on October 8.
Dividend Announcement and Stockholder Impact
In addition to the ratings updates, Ferrovial recently declared a special dividend. This dividend is set to be paid on December 3, with stockholders of record on October 27 eligible to receive a payment of $0.4769 per share. The ex-dividend date is also October 27, marking an important date for investors.
Institutional Investor Activities
Ferrovial has seen notable activity among institutional investors recently. Norges Bank made a substantial entrance into the company, acquiring a new position valued at approximately $498.6 million during the second quarter.
Amundi increased its stake in Ferrovial by 43.9% in the first quarter, bringing its total to 17,636,889 shares valued at around $808.5 million after acquiring an additional 5,376,610 shares. Maple Brown Abbott Ltd also entered the scene with a new position valued at $152.2 million.
Nuveen LLC and Credit Agricole S A have also made changes to their positions within the company, with Credit Agricole increasing its stake by 45.2%, now owning 3,951,264 shares worth approximately $177.5 million. Overall, institutional investors currently hold 22.28% of Ferrovial’s stock.
Ferrovial SE, together with its subsidiaries, specializes in the design, construction, financing, operation, and maintenance of transport infrastructure and urban services across various international markets. The company operates through four segments: Construction, Toll Roads, Airports, and Energy Infrastructures and Mobility. Its portfolio includes public and private works, focusing on the development and operation of toll roads.
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