Ausbil Investment Management Ltd Sells 11,651 Shares of Ferrovial SE (NASDAQ:FER)

Ausbil Investment Management Ltd lowered its position in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 9.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 115,171 shares of the company's stock after selling 11,651 shares during the quarter. Ferrovial accounts for about 3.3% of Ausbil Investment Management Ltd's investment portfolio, making the stock its 12th largest position. Ausbil Investment Management Ltd's holdings in Ferrovial were worth $5,123,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in FER. BNP Paribas Financial Markets purchased a new position in shares of Ferrovial in the fourth quarter worth $25,000. Tower Research Capital LLC TRC purchased a new position in shares of Ferrovial in the fourth quarter worth $158,000. Clearbridge Investments LLC purchased a new position in shares of Ferrovial in the fourth quarter worth $204,000. Jane Street Group LLC purchased a new position in shares of Ferrovial in the fourth quarter worth $228,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Ferrovial by 24.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,440 shares of the company's stock worth $225,000 after buying an additional 1,073 shares in the last quarter. Hedge funds and other institutional investors own 22.28% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on FER. Wall Street Zen downgraded shares of Ferrovial from a "buy" rating to a "hold" rating in a report on Friday, June 6th. BNP Paribas Exane raised shares of Ferrovial from an "underperform" rating to a "neutral" rating in a report on Tuesday.

Ferrovial Trading Up 1.6%

FER traded up $0.83 during trading hours on Tuesday, hitting $52.10. The company's stock had a trading volume of 145,020 shares, compared to its average volume of 72,815. The business's 50-day moving average price is $50.04 and its 200-day moving average price is $45.67. Ferrovial SE has a 12 month low of $37.93 and a 12 month high of $56.43.

Ferrovial Increases Dividend

The firm also recently declared a -- dividend, which will be paid on Wednesday, June 25th. Investors of record on Friday, May 23rd will be given a $0.3029 dividend. The ex-dividend date is Friday, May 23rd. This is a boost from Ferrovial's previous -- dividend of $0.04.

Ferrovial 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.