Quantinno Capital Management LP raised its position in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 60.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 69,849 shares of the company's stock after acquiring an additional 26,264 shares during the period. Quantinno Capital Management LP's holdings in Ferrovial were worth $2,936,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently made changes to their positions in the company. Townsquare Capital LLC purchased a new position in shares of Ferrovial in the fourth quarter worth about $234,000. Raymond James Financial Inc. purchased a new stake in shares of Ferrovial during the fourth quarter worth approximately $466,000. Norges Bank acquired a new position in Ferrovial during the fourth quarter worth about $440,665,000. JPMorgan Chase & Co. increased its holdings in shares of Ferrovial by 40.8% in the third quarter. JPMorgan Chase & Co. now owns 4,573,215 shares of the company's stock valued at $197,517,000 after purchasing an additional 1,326,065 shares during the last quarter. Finally, Exane Asset Management acquired a new stake in Ferrovial during the fourth quarter worth about $14,359,000. Institutional investors own 22.28% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised shares of Ferrovial from a "hold" rating to a "buy" rating in a research note on Saturday.
Check Out Our Latest Analysis on FER
Ferrovial Stock Performance
Shares of FER stock traded down $0.06 during trading hours on Friday, reaching $52.18. 103,198 shares of the company's stock were exchanged, compared to its average volume of 61,981. Ferrovial SE has a 1 year low of $37.92 and a 1 year high of $56.43. The company's 50 day moving average is $46.90 and its two-hundred day moving average is $44.00.
Ferrovial Increases Dividend
The company also recently disclosed a -- dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Friday, May 23rd will be issued a dividend of $0.3029 per share. This is an increase from Ferrovial's previous -- dividend of $0.04. The ex-dividend date of this dividend is Friday, May 23rd.
Ferrovial Profile
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Free Report)
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.
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