Ferrovial SE (NASDAQ:FER - Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 221,373 shares traded hands during mid-day trading, an increase of 210% from the previous session's volume of 71,487 shares.The stock last traded at $50.23 and had previously closed at $50.58.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen downgraded Ferrovial from a "buy" rating to a "hold" rating in a research note on Friday, June 6th.
View Our Latest Analysis on FER
Ferrovial Trading Up 2.0%
The stock has a 50 day moving average price of $49.77 and a two-hundred day moving average price of $45.57.
Ferrovial Increases Dividend
The business also recently announced a -- dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, May 23rd will be given a dividend of $0.3029 per share. The ex-dividend date is Friday, May 23rd. This is an increase from Ferrovial's previous -- dividend of $0.04.
Institutional Investors Weigh In On Ferrovial
Institutional investors and hedge funds have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC increased its holdings in shares of Ferrovial by 51.3% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 10,419 shares of the company's stock valued at $438,000 after purchasing an additional 3,534 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Ferrovial by 3.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 22,497 shares of the company's stock valued at $946,000 after buying an additional 738 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Ferrovial in the 4th quarter worth approximately $466,000. Bank Julius Baer & Co. Ltd Zurich acquired a new position in Ferrovial in the 4th quarter worth approximately $474,000. Finally, Banco Santander S.A. purchased a new position in Ferrovial during the 4th quarter worth approximately $310,316,000. 22.28% of the stock is currently owned by institutional investors and hedge funds.
About Ferrovial
(
Get Free Report)
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.
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