Maryland State Retirement & Pension System Increases Stock Position in Ferrovial SE (NASDAQ:FER)

Maryland State Retirement & Pension System raised its position in shares of Ferrovial SE (NASDAQ:FER) by 3.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 645,339 shares of the company’s stock after buying an additional 24,268 shares during the period. Maryland State Retirement & Pension System’s holdings in Ferrovial were worth $27,134,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Partners Group Holding AG purchased a new stake in Ferrovial during the 3rd quarter valued at $36,538,000. Charles Schwab Investment Management Inc. purchased a new stake in shares of Ferrovial in the 3rd quarter worth about $940,000. Luxor Capital Group LP lifted its position in shares of Ferrovial by 203.8% in the 3rd quarter. Luxor Capital Group LP now owns 871,945 shares of the company’s stock worth $37,659,000 after purchasing an additional 584,963 shares during the period. Zurich Insurance Group Ltd FI lifted its position in shares of 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. Finally, Quantinno Capital Management LP lifted its position in shares of Ferrovial by 59.0% in the 3rd quarter. Quantinno Capital Management LP now owns 43,585 shares of the company’s stock worth $1,880,000 after purchasing an additional 16,173 shares during the period. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Analyst Ratings Changes

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

Ferrovial Stock Up 0.9 %

NASDAQ:FER opened at $44.23 on Wednesday. The company has a 50-day moving average price of $43.38 and a 200-day moving average price of $42.12. Ferrovial SE has a 12 month low of $36.24 and a 12 month high of $47.30.

About Ferrovial

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.