Ferrovial (NASDAQ:FER) Sees Unusually-High Trading Volume – What’s Next?

Shares of Ferrovial SE (NASDAQ:FER) saw unusually-strong trading volume on Tuesday . Approximately 28,865 shares changed hands during mid-day trading, a decline of 45% from the previous session’s volume of 52,071 shares.The stock last traded at $44.84 and had previously closed at $44.60.

Ferrovial Stock Up 1.1 %

The firm has a 50 day moving average price of $44.17 and a 200 day moving average price of $42.40.

Institutional Trading of Ferrovial

A number of large investors have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. purchased a new position in Ferrovial during the third quarter valued at approximately $940,000. State Street Corp bought a new stake in shares of Ferrovial in the 3rd quarter valued at about $6,483,000. Public Employees Retirement System of Ohio purchased a new position in shares of Ferrovial in the third quarter worth $1,865,000. JPMorgan Chase & Co. increased its position in shares of 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 period. Finally, Crossmark Global Holdings Inc. raised its position in 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 purchasing an additional 3,407 shares during the last quarter. 22.28% of the stock is owned by hedge funds and other institutional investors.

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.