Rathbones Group PLC Decreases Stock Position in Ferrovial SE (NASDAQ:FER)

Rathbones Group PLC reduced its position in Ferrovial SE (NASDAQ:FER) by 7.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,500 shares of the company’s stock after selling 922 shares during the period. Rathbones Group PLC’s holdings in Ferrovial were worth $483,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its position in shares of Ferrovial by 3.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 22,497 shares of the company’s stock valued at $946,000 after acquiring an additional 738 shares during the period. Wellington Management Group LLP grew its position in shares of Ferrovial by 2.5% during the 4th quarter. Wellington Management Group LLP now owns 33,774 shares of the company’s stock valued at $1,420,000 after acquiring an additional 813 shares during the period. SG Americas Securities LLC bought a new stake in shares of Ferrovial during the 4th quarter valued at $101,000. Crossmark Global Holdings Inc. grew its position in shares of Ferrovial by 17.8% during the 4th quarter. Crossmark Global Holdings Inc. now owns 22,517 shares of the company’s stock valued at $947,000 after acquiring an additional 3,407 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its position in shares of Ferrovial by 51.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 10,419 shares of the company’s stock valued at $438,000 after acquiring an additional 3,534 shares during the period. 22.28% of the stock is currently owned by hedge funds and other institutional investors.

Ferrovial Price Performance

Shares of FER stock opened at $43.82 on Thursday. Ferrovial SE has a 1 year low of $36.24 and a 1 year high of $47.30. The firm has a fifty day moving average price of $44.04 and a 200-day moving average price of $42.37.

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.