Banco Santander S.A. Invests $310.32 Million in Ferrovial SE (NASDAQ:FER)

Banco Santander S.A. purchased a new stake in Ferrovial SE (NASDAQ:FER) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 7,383,202 shares of the company’s stock, valued at approximately $310,316,000. Ferrovial comprises 3.7% of Banco Santander S.A.’s holdings, making the stock its 3rd largest position. Banco Santander S.A. owned approximately 1.00% of Ferrovial as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Brookfield Corp ON acquired a new position in shares of Ferrovial in the third quarter valued at approximately $71,881,000. JPMorgan Chase & Co. boosted its stake in Ferrovial by 40.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,573,215 shares of the company’s stock valued at $197,517,000 after purchasing an additional 1,326,065 shares during the period. Partners Group Holding AG bought a new stake in Ferrovial in the 3rd quarter valued at $36,538,000. Luxor Capital Group LP grew its holdings in Ferrovial by 203.8% in the 3rd quarter. Luxor Capital Group LP now owns 871,945 shares of the company’s stock valued at $37,659,000 after buying an additional 584,963 shares in the last quarter. Finally, Exane Asset Management bought a new position in Ferrovial during the 4th quarter worth $14,359,000. 22.28% of the stock is owned by institutional investors.

Ferrovial Stock Up 1.2 %

Shares of NASDAQ FER opened at $44.07 on Friday. Ferrovial SE has a fifty-two week low of $35.30 and a fifty-two week high of $48.29. The business has a fifty day moving average price of $43.20 and a two-hundred day moving average price of $42.00.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on FER shares. Royal Bank of Canada raised shares of Ferrovial to a “hold” rating in a research report on Tuesday, November 12th. Bank of America upgraded shares of Ferrovial from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 3rd.

Ferrovial 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.