Sterling Investment Management LLC bought a new stake in Ferrovial SE (NASDAQ:FER - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 19,722 shares of the company's stock, valued at approximately $886,000.
A number of other hedge funds have also recently added to or reduced their stakes in FER. BNP Paribas Financial Markets purchased a new stake in shares of Ferrovial in the fourth quarter valued at about $25,000. SG Americas Securities LLC acquired a new position in Ferrovial in the 4th quarter valued at about $101,000. Tower Research Capital LLC TRC purchased a new stake in Ferrovial during the 4th quarter valued at approximately $158,000. Clearbridge Investments LLC purchased a new stake in Ferrovial during the 4th quarter valued at approximately $204,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Ferrovial by 24.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,440 shares of the company's stock worth $225,000 after acquiring an additional 1,073 shares during the period. Hedge funds and other institutional investors own 22.28% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen lowered Ferrovial from a "buy" rating to a "hold" rating in a report on Friday, June 6th.
Check Out Our Latest Stock Report on Ferrovial
Ferrovial Stock Performance
FER traded down $0.71 during trading on Friday, hitting $51.18. The stock had a trading volume of 78,936 shares, compared to its average volume of 69,448. The company's 50-day moving average price is $48.82 and its 200 day moving average price is $45.15. Ferrovial SE has a twelve month low of $37.92 and a twelve month high of $56.43.
Ferrovial Increases Dividend
The company also recently announced a -- dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Friday, May 23rd will be issued a $0.3029 dividend. 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
(
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.
Featured Stories
Before you consider Ferrovial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ferrovial wasn't on the list.
While Ferrovial currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
