Thornburg Investment Management Inc. Buys 101,310 Shares of Ferrovial SE (NASDAQ:FER)

Thornburg Investment Management Inc. boosted its holdings in Ferrovial SE (NASDAQ:FER - Free Report) by 6.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,695,181 shares of the company's stock after acquiring an additional 101,310 shares during the quarter. Ferrovial accounts for 0.9% of Thornburg Investment Management Inc.'s portfolio, making the stock its 25th largest position. Thornburg Investment Management Inc. owned about 0.23% of Ferrovial worth $71,253,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets acquired a new stake in Ferrovial in the fourth quarter worth about $25,000. SG Americas Securities LLC acquired a new position in shares of Ferrovial in the 4th quarter worth $101,000. Tower Research Capital LLC TRC purchased a new stake in Ferrovial during the fourth quarter valued at about $158,000. Clearbridge Investments LLC purchased a new position in Ferrovial during the 4th quarter worth approximately $204,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew 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 valued at $225,000 after acquiring an additional 1,073 shares in the last quarter. Institutional investors own 22.28% of the company's stock.

Ferrovial Stock Performance

NASDAQ FER traded up $0.16 on Friday, reaching $52.04. The stock had a trading volume of 51,147 shares, compared to its average volume of 61,843. Ferrovial SE has a 1 year low of $37.92 and a 1 year high of $56.43. The business has a 50 day moving average price of $46.74 and a 200 day moving average price of $43.84.

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 given a dividend of $0.3029 per share. The ex-dividend date is Friday, May 23rd. This is a positive change 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.