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

Thornburg Investment Management Inc. boosted its position in Ferrovial SE (NASDAQ:FER - Free Report) by 6.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,695,181 shares of the company's stock after purchasing an additional 101,310 shares during the quarter. Ferrovial comprises 0.9% of Thornburg Investment Management Inc.'s investment portfolio, making the stock its 25th biggest position. Thornburg Investment Management Inc. owned about 0.23% of Ferrovial worth $71,253,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of FER. Hsbc Holdings PLC grew its stake in Ferrovial by 3.7% in the 4th quarter. Hsbc Holdings PLC now owns 24,716,890 shares of the company's stock worth $1,041,137,000 after buying an additional 885,460 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Ferrovial by 30.2% during the 4th quarter. Bank of America Corp DE now owns 15,783,345 shares of the company's stock worth $663,374,000 after acquiring an additional 3,657,704 shares during the last quarter. Norges Bank bought a new stake in shares of Ferrovial during the 4th quarter worth $440,665,000. Banco Santander S.A. purchased a new position in Ferrovial in the fourth quarter worth $310,316,000. Finally, FMR LLC increased its stake in Ferrovial by 4,066.5% in the fourth quarter. FMR LLC now owns 6,171,067 shares of the company's stock valued at $259,527,000 after acquiring an additional 6,022,956 shares during the last quarter. 22.28% of the stock is currently owned by hedge funds and other institutional investors.

Ferrovial Price Performance

Shares of Ferrovial stock traded down $0.34 during trading on Thursday, hitting $52.24. 109,051 shares of the stock traded hands, compared to its average volume of 61,743. Ferrovial SE has a 52 week low of $37.92 and a 52 week high of $56.43. The firm's fifty day moving average is $46.57 and its 200-day moving average is $43.75.

Ferrovial Increases Dividend

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

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.