Ferrovial (NASDAQ:FER) Stock Rating Upgraded by BNP Paribas Exane

Ferrovial (NASDAQ:FER) was upgraded by equities researchers at BNP Paribas Exane from an “underperform” rating to a “neutral” rating in a report issued on Tuesday, MarketBeat reports.

Separately, Wall Street Zen cut Ferrovial from a “buy” rating to a “hold” rating in a research note on Friday, June 6th.

Ferrovial Stock Up 0.3%

Shares of Ferrovial stock opened at $52.25 on Tuesday. The business’s 50 day simple moving average is $50.19 and its two-hundred day simple moving average is $45.71. Ferrovial has a one year low of $37.93 and a one year high of $56.43.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FER. BNP Paribas Financial Markets bought a new stake in Ferrovial during the 4th quarter valued at approximately $25,000. Banque Cantonale Vaudoise purchased a new stake in Ferrovial during the 1st quarter valued at $150,000. Tower Research Capital LLC TRC purchased a new stake in Ferrovial during the 4th quarter valued at $158,000. Clearbridge Investments LLC purchased a new stake in Ferrovial during the 4th quarter valued at $204,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Ferrovial by 24.6% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,440 shares of the company’s stock worth $225,000 after purchasing an additional 1,073 shares in the last quarter. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Ferrovial Company 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.