United Services Automobile Association Purchases Shares of 17,296 Ferrovial SE (NASDAQ:FER)

United Services Automobile Association acquired a new position in shares of Ferrovial SE (NASDAQ:FER) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 17,296 shares of the company’s stock, valued at approximately $743,000.

Other large investors have also recently made changes to their positions in the company. Hsbc Holdings PLC purchased a new position in Ferrovial in the 2nd quarter worth $921,680,000. Legal & General Group Plc acquired a new position in shares of Ferrovial in the second quarter valued at about $325,256,000. Toronto Dominion Bank purchased a new position in shares of Ferrovial in the second quarter worth about $79,653,000. Bank of Montreal Can acquired a new stake in shares of Ferrovial during the second quarter worth about $69,715,000. Finally, DekaBank Deutsche Girozentrale purchased a new stake in Ferrovial in the second quarter valued at approximately $59,403,000.

Ferrovial Stock Performance

Shares of FER opened at $43.47 on Monday. Ferrovial SE has a 52 week low of $35.30 and a 52 week high of $48.29. The stock’s 50-day moving average price is $40.67 and its 200-day moving average price is $40.72.

Ferrovial Cuts Dividend

The business also recently disclosed a — dividend, which will be paid on Friday, December 27th. Shareholders of record on Monday, December 16th will be given a $0.0366 dividend. The ex-dividend date is Monday, December 16th.

Wall Street Analysts Forecast Growth

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

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.