XTX Topco Ltd Buys 5,407 Shares of Ferrovial SE (NASDAQ:FER)

Key Points

• XTX Topco Ltd has increased its position in Ferrovial SE's shares by 61.5% during the first quarter, acquiring a total of 14,201 shares worth approximately $638,000.
• Several institutional investors, including Bank of America Corp DE and FMR LLC, have significantly increased their stakes in Ferrovial, reflecting growing confidence in the company's performance.
• Ferrovial has announced a dividend increase to $0.3029 per share, a notable rise from its previous payout of $0.04, highlighting its strong financial position.

XTX Topco Ltd lifted its stake in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 61.5% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,201 shares of the company's stock after acquiring an additional 5,407 shares during the period. XTX Topco Ltd's holdings in Ferrovial were worth $638,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new position in Ferrovial during the fourth quarter worth $466,000. Orion Portfolio Solutions LLC acquired a new position in Ferrovial during the fourth quarter worth $249,000. Wellington Management Group LLP raised its holdings in Ferrovial by 2.5% during the fourth quarter. Wellington Management Group LLP now owns 33,774 shares of the company's stock worth $1,420,000 after buying an additional 813 shares during the last quarter. Geode Capital Management LLC raised its holdings in Ferrovial by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 634,487 shares of the company's stock worth $26,667,000 after buying an additional 13,177 shares during the last quarter. Finally, FMR LLC raised its holdings in Ferrovial by 4,066.5% during the fourth quarter. FMR LLC now owns 6,171,067 shares of the company's stock worth $259,527,000 after buying an additional 6,022,956 shares during the last quarter. Institutional investors and hedge funds own 22.28% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on FER shares. BNP Paribas upgraded shares of Ferrovial from a "strong sell" rating to a "hold" rating in a report on Tuesday, June 24th. Morgan Stanley reiterated an "overweight" rating on shares of Ferrovial in a report on Wednesday, June 25th. BNP Paribas Exane upgraded shares of Ferrovial from an "underperform" rating to a "neutral" rating in a report on Tuesday, June 24th. Finally, Wall Street Zen downgraded shares of Ferrovial from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold".

Ferrovial Stock Performance

Shares of FER stock traded down $0.16 on Friday, hitting $52.50. The stock had a trading volume of 240,249 shares, compared to its average volume of 220,286. The business has a 50 day moving average of $52.16 and a 200 day moving average of $48.04. Ferrovial SE has a 12-month low of $37.93 and a 12-month high of $56.43.

Ferrovial Increases Dividend

The business also recently declared a -- dividend, which was paid on Wednesday, June 25th. Investors of record on Friday, May 23rd were given a dividend of $0.3029 per share. The ex-dividend date was Friday, May 23rd. This is an increase from Ferrovial's previous -- dividend of $0.04.

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.