Citadel Advisors LLC Sells 11,285 Shares of Ferrovial SE (NASDAQ:FER)

Citadel Advisors LLC lowered its holdings in Ferrovial SE (NASDAQ:FER - Free Report) by 49.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,468 shares of the company's stock after selling 11,285 shares during the quarter. Citadel Advisors LLC's holdings in Ferrovial were worth $482,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of FER. BNP Paribas Financial Markets purchased a new position in shares of Ferrovial in the fourth quarter worth $25,000. SG Americas Securities LLC purchased a new stake in Ferrovial during the fourth quarter valued at $101,000. Tower Research Capital LLC TRC purchased a new stake in Ferrovial during the fourth quarter valued at $158,000. Clearbridge Investments LLC purchased a new stake in Ferrovial during the fourth quarter valued at $204,000. Finally, Optas LLC purchased a new stake in Ferrovial during the fourth quarter valued at $228,000. Hedge funds and other institutional investors own 22.28% of the company's stock.

Ferrovial Stock Performance

NASDAQ:FER traded up $0.24 during mid-day trading on Wednesday, hitting $51.23. 125,475 shares of the company traded hands, compared to its average volume of 65,419. The stock's fifty day moving average price is $47.85 and its 200-day moving average price is $44.59. Ferrovial SE has a one year low of $37.92 and a one year high of $56.43.

Ferrovial Increases Dividend

The business also recently declared a -- dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, May 23rd will be issued a dividend of $0.3029 per share. The ex-dividend date of this dividend is Friday, May 23rd. This is a positive change from Ferrovial's previous -- dividend of $0.04.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Ferrovial from a "hold" rating to a "buy" rating in a research 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.