Partners Group Holding AG Grows Position in Ferrovial SE $FER

Key Points

• Partners Group Holding AG increased its position in Ferrovial SE by 2.3%, now holding a total of 814,168 shares, making it the 20th largest holding in their investment portfolio.
• Ferrovial recently announced a new dividend of $0.3029 per share, a significant increase from its previous dividend of $0.04, which reflects the company's commitment to returning value to its shareholders.
• Recent analyst ratings for Ferrovial show a mix of sentiments, with four analysts rating it as a hold and two analysts giving it a buy rating, resulting in a consensus rating of "Hold."

Partners Group Holding AG grew its holdings in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 2.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 814,168 shares of the company's stock after buying an additional 18,439 shares during the quarter. Ferrovial accounts for approximately 1.5% of Partners Group Holding AG's holdings, making the stock its 20th biggest holding. Partners Group Holding AG owned approximately 0.11% of Ferrovial worth $36,620,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the stock. Geode Capital Management LLC boosted its stake in shares of Ferrovial by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 634,487 shares of the company's stock valued at $26,667,000 after purchasing an additional 13,177 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Ferrovial during the fourth quarter valued at approximately $466,000. Townsquare Capital LLC bought a new position in shares of Ferrovial during the fourth quarter valued at approximately $234,000. XTX Topco Ltd acquired a new stake in Ferrovial in the fourth quarter valued at approximately $370,000. Finally, Marshall Wace LLP boosted its stake in Ferrovial by 153.8% in the fourth quarter. Marshall Wace LLP now owns 49,569 shares of the company's stock valued at $2,083,000 after acquiring an additional 30,035 shares in the last quarter. 22.28% of the stock is owned by hedge funds and other institutional investors.

Ferrovial Stock Down 0.7%

Shares of NASDAQ FER traded down $0.3850 during midday trading on Thursday, reaching $55.0150. The stock had a trading volume of 352,464 shares, compared to its average volume of 144,970. Ferrovial SE has a twelve month low of $37.93 and a twelve month high of $56.43. The company's 50 day moving average price is $52.65 and its 200 day moving average price is $48.65.

Ferrovial Increases Dividend

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

Analyst Ratings Changes

Several equities research analysts have weighed in on FER shares. Morgan Stanley restated an "overweight" rating on shares of Ferrovial in a research note on Wednesday, June 25th. Wall Street Zen downgraded shares of Ferrovial from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. BNP Paribas upgraded shares of Ferrovial from a "strong sell" rating to a "hold" rating in a research note on Tuesday, June 24th. Finally, BNP Paribas Exane upgraded shares of Ferrovial from an "underperform" rating to a "neutral" rating in a research note on Tuesday, June 24th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Ferrovial presently has an average rating of "Hold".

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.