Ferrovial SE (NASDAQ:FER) Position Boosted by Mackenzie Financial Corp

Mackenzie Financial Corp increased its stake in Ferrovial SE (NASDAQ:FER - Free Report) by 10.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 84,106 shares of the company's stock after buying an additional 8,116 shares during the quarter. Mackenzie Financial Corp's holdings in Ferrovial were worth $3,535,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of FER. Hsbc Holdings PLC boosted its holdings in Ferrovial by 3.7% in the 4th quarter. Hsbc Holdings PLC now owns 24,716,890 shares of the company's stock worth $1,041,137,000 after acquiring an additional 885,460 shares during the period. TCI Fund Management Ltd. lifted its position in shares of Ferrovial by 1.2% during the fourth quarter. TCI Fund Management Ltd. now owns 19,333,428 shares of the company's stock worth $812,724,000 after purchasing an additional 238,184 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Ferrovial by 30.2% in the fourth quarter. Bank of America Corp DE now owns 15,783,345 shares of the company's stock valued at $663,374,000 after purchasing an additional 3,657,704 shares during the period. Norges Bank purchased a new position in shares of Ferrovial in the fourth quarter valued at $440,665,000. Finally, Banco Santander S.A. acquired a new stake in Ferrovial during the 4th quarter valued at $310,316,000. Institutional investors and hedge funds own 22.28% of the company's stock.

Ferrovial Trading Down 2.1%

FER traded down $1.10 on Tuesday, reaching $50.99. The company's stock had a trading volume of 181,172 shares, compared to its average volume of 65,179. Ferrovial SE has a 1 year low of $37.92 and a 1 year high of $56.43. The business's 50 day moving average is $47.85 and its 200 day moving average is $44.59.

Ferrovial Increases Dividend

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

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Ferrovial from a "hold" rating to a "buy" rating in a report on Saturday, May 24th.

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.