Aviva PLC Reduces Stake in Ferrovial SE (NASDAQ:FER)

Aviva PLC lessened its stake in shares of Ferrovial SE (NASDAQ:FER) by 15.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 574,303 shares of the company’s stock after selling 104,074 shares during the period. Aviva PLC owned 0.08% of Ferrovial worth $24,134,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new position in Ferrovial during the fourth quarter worth about $440,665,000. Banco Santander S.A. purchased a new stake in shares of Ferrovial during the 4th quarter valued at approximately $310,316,000. JPMorgan Chase & Co. lifted its holdings in Ferrovial by 40.8% in the third quarter. JPMorgan Chase & Co. now owns 4,573,215 shares of the company’s stock valued at $197,517,000 after acquiring an additional 1,326,065 shares during the last quarter. ClearBridge Investments Ltd grew its position in Ferrovial by 69.3% in the fourth quarter. ClearBridge Investments Ltd now owns 2,500,684 shares of the company’s stock worth $105,104,000 after acquiring an additional 1,023,896 shares during the period. Finally, Luxor Capital Group LP increased its stake in Ferrovial by 203.8% during the third quarter. Luxor Capital Group LP now owns 871,945 shares of the company’s stock worth $37,659,000 after acquiring an additional 584,963 shares during the last quarter. Institutional investors and hedge funds own 22.28% of the company’s stock.

Ferrovial Stock Down 6.9 %

Shares of Ferrovial stock opened at $42.66 on Monday. Ferrovial SE has a 52 week low of $36.24 and a 52 week high of $47.30. The business’s fifty day simple moving average is $44.17 and its 200-day simple moving average is $42.39.

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.