TCI Fund Management Ltd. boosted its holdings in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,333,428 shares of the company's stock after acquiring an additional 238,184 shares during the period. Ferrovial comprises 1.9% of TCI Fund Management Ltd.'s portfolio, making the stock its 10th largest holding. TCI Fund Management Ltd. owned approximately 2.61% of Ferrovial worth $812,724,000 as of its most recent SEC filing.
Other institutional investors have also recently modified their holdings of the company. Thornburg Investment Management Inc. lifted its stake in shares of Ferrovial by 6.4% during the 4th quarter. Thornburg Investment Management Inc. now owns 1,695,181 shares of the company's stock worth $71,253,000 after purchasing an additional 101,310 shares during the period. Skye Global Management LP purchased a new stake in shares of Ferrovial in the fourth quarter worth about $10,592,000. Quantinno Capital Management LP grew its position in Ferrovial by 60.3% in the fourth quarter. Quantinno Capital Management LP now owns 69,849 shares of the company's stock valued at $2,936,000 after acquiring an additional 26,264 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake 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 buying an additional 1,073 shares during the period. Finally, Ensign Peak Advisors Inc purchased a new stake in shares of Ferrovial during the fourth quarter worth about $1,399,000. 22.28% of the stock is currently owned by institutional investors and hedge funds.
Ferrovial Stock Performance
Shares of FER traded down $0.05 during trading on Wednesday, reaching $52.58. The company's stock had a trading volume of 87,487 shares, compared to its average volume of 61,554. The company has a fifty day moving average of $46.39 and a two-hundred day moving average of $43.69. Ferrovial SE has a twelve month low of $37.92 and a twelve month high of $56.43.
Ferrovial Increases Dividend
The business also recently declared a -- dividend, which will be paid on Wednesday, June 25th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.3029 per share. This is a boost from Ferrovial's previous -- dividend of $0.04. The ex-dividend date of this dividend is Friday, May 23rd.
Ferrovial Company 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 Articles
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
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
