Vontobel Holding Ltd. Reduces Stock Position in Ferrovial SE (NASDAQ:FER)

Vontobel Holding Ltd. lowered its stake in shares of Ferrovial SE (NASDAQ:FER) by 40.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,318 shares of the company’s stock after selling 30,624 shares during the quarter. Vontobel Holding Ltd.’s holdings in Ferrovial were worth $1,904,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in FER. Susquehanna International Securities Ltd. bought a new stake in Ferrovial in the second quarter valued at about $228,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of Ferrovial during the 2nd quarter valued at approximately $307,000. Hancock Whitney Corp bought a new position in Ferrovial during the second quarter worth $352,000. Acadian Asset Management LLC bought a new position in Ferrovial during the second quarter worth $370,000. Finally, Rathbones Group PLC acquired a new position in Ferrovial in the second quarter worth $483,000.

Ferrovial Stock Performance

Shares of NASDAQ:FER opened at $42.24 on Friday. Ferrovial SE has a 1-year low of $32.82 and a 1-year high of $48.29. The business’s fifty day simple moving average is $41.63.

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.