Ferrovial (NASDAQ:FER) Upgraded at Royal Bank of Canada

Ferrovial (NASDAQ:FER) was upgraded by analysts at Royal Bank of Canada to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Ferrovial Stock Up 0.1 %

FER traded up $0.05 during midday trading on Tuesday, reaching $38.63. The company had a trading volume of 25,843 shares, compared to its average volume of 27,306. Ferrovial has a 1 year low of $32.82 and a 1 year high of $48.29. The company’s 50-day moving average price is $41.20.

Institutional Trading of Ferrovial

Institutional investors have recently bought and sold shares of the stock. Metis Global Partners LLC lifted its position in shares of Ferrovial by 2.1% during the third quarter. Metis Global Partners LLC now owns 67,569 shares of the company’s stock worth $2,902,000 after purchasing an additional 1,390 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Ferrovial by 1.3% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 289,940 shares of the company’s stock valued at $12,484,000 after purchasing an additional 3,828 shares during the period. Susquehanna International Securities Ltd. bought a new position in Ferrovial in the second quarter worth approximately $228,000. Assenagon Asset Management S.A. increased its holdings in Ferrovial by 27.0% during the 3rd quarter. Assenagon Asset Management S.A. now owns 32,187 shares of the company’s stock worth $1,386,000 after purchasing an additional 6,834 shares during the period. Finally, Allspring Global Investments Holdings LLC bought a new stake in shares of Ferrovial in the third quarter valued at about $296,000.

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.