TCI Fund Management Ltd. Buys 238,184 Shares of Ferrovial SE (NASDAQ:FER)

TCI Fund Management Ltd. lifted its stake in Ferrovial SE (NASDAQ:FER - Free Report) by 1.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,333,428 shares of the company's stock after buying an additional 238,184 shares during the quarter. Ferrovial makes up 1.9% of TCI Fund Management Ltd.'s holdings, making the stock its 10th largest position. TCI Fund Management Ltd. owned about 2.61% of Ferrovial worth $812,724,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BNP Paribas Financial Markets purchased a new stake in shares of Ferrovial during the fourth quarter worth about $25,000. SG Americas Securities LLC purchased a new position in shares of Ferrovial in the fourth quarter valued at approximately $101,000. Tower Research Capital LLC TRC acquired a new stake in shares of Ferrovial in the fourth quarter worth approximately $158,000. Clearbridge Investments LLC acquired a new position in Ferrovial in the 4th quarter valued at $204,000. Finally, Optas LLC purchased a new position in Ferrovial in the 4th quarter valued at $228,000. 22.28% of the stock is owned by institutional investors and hedge funds.

Ferrovial Price Performance

Shares of Ferrovial stock traded up $0.21 during trading hours on Friday, reaching $52.09. 51,299 shares of the company's stock were exchanged, compared to its average volume of 102,288. The business has a fifty day moving average of $46.74 and a two-hundred day moving average of $43.84. Ferrovial SE has a 1 year low of $37.92 and a 1 year high of $56.43.

Ferrovial Increases Dividend

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

Ferrovial Company 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.