Korea Investment CORP Has $16.66 Million Stock Holdings in Ferrovial SE (NASDAQ:FER)

Korea Investment CORP boosted its position in shares of Ferrovial SE (NASDAQ:FER) by 57.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 396,187 shares of the company’s stock after purchasing an additional 143,945 shares during the period. Korea Investment CORP owned 0.05% of Ferrovial worth $16,656,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FER. SG Americas Securities LLC acquired a new stake in shares of Ferrovial during the 4th quarter valued at about $101,000. Optas LLC acquired a new stake in Ferrovial in the fourth quarter valued at approximately $228,000. Allspring Global Investments Holdings LLC grew its position in Ferrovial by 51.3% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 10,419 shares of the company’s stock worth $438,000 after acquiring an additional 3,534 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Ferrovial during the 4th quarter worth $466,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new position in shares of Ferrovial during the 4th quarter valued at $474,000. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Ferrovial Stock Performance

FER opened at $45.28 on Friday. The business has a 50 day moving average price of $43.98 and a 200 day moving average price of $42.29. Ferrovial SE has a twelve month low of $36.24 and a twelve month high of $47.30.

Analysts Set New Price Targets

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

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.