Maryland State Retirement & Pension System Buys 24,268 Shares of Ferrovial SE (NASDAQ:FER)

Maryland State Retirement & Pension System raised its stake in Ferrovial SE (NASDAQ:FER) by 3.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 645,339 shares of the company’s stock after buying an additional 24,268 shares during the period. Maryland State Retirement & Pension System owned about 0.09% of Ferrovial worth $27,134,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Partners Group Holding AG bought a new position in shares of Ferrovial in the 3rd quarter worth $36,538,000. Charles Schwab Investment Management Inc. bought a new position in shares of Ferrovial during the 3rd quarter valued at $940,000. Luxor Capital Group LP grew its holdings in shares of Ferrovial by 203.8% during the 3rd quarter. Luxor Capital Group LP now owns 871,945 shares of the company’s stock valued at $37,659,000 after purchasing an additional 584,963 shares during the last quarter. Zurich Insurance Group Ltd FI grew its holdings in shares of Ferrovial by 183.0% during the 3rd quarter. Zurich Insurance Group Ltd FI now owns 332,034 shares of the company’s stock valued at $14,281,000 after purchasing an additional 214,723 shares during the last quarter. Finally, Quantinno Capital Management LP grew its holdings in shares of 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 purchasing an additional 16,173 shares during the last quarter. Institutional investors own 22.28% of the company’s stock.

Wall Street Analyst Weigh In

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

Ferrovial Stock Up 0.9 %

FER stock opened at $44.23 on Wednesday. Ferrovial SE has a 52 week low of $36.24 and a 52 week high of $47.30. The firm’s fifty day moving average is $43.38 and its 200 day moving average is $42.12.

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.