UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Decreases Stake in Ferrovial SE (NASDAQ:FER)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its holdings in Ferrovial SE (NASDAQ:FER - Free Report) by 30.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,816,481 shares of the company's stock after selling 799,666 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.25% of Ferrovial worth $76,347,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of Ferrovial in the 4th quarter worth $440,665,000. Banco Santander S.A. bought a new position in Ferrovial during the 4th quarter worth about $310,316,000. FMR LLC increased its position in Ferrovial by 4,066.5% during the 4th quarter. FMR LLC now owns 6,171,067 shares of the company's stock valued at $259,527,000 after purchasing an additional 6,022,956 shares during the period. Bank of America Corp DE raised its holdings in shares of Ferrovial by 30.2% in the 4th quarter. Bank of America Corp DE now owns 15,783,345 shares of the company's stock valued at $663,374,000 after purchasing an additional 3,657,704 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Ferrovial by 40.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,573,215 shares of the company's stock worth $197,517,000 after purchasing an additional 1,326,065 shares during the period. Hedge funds and other institutional investors own 22.28% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Ferrovial from a "hold" rating to a "buy" rating in a research report on Saturday.

Ferrovial Trading Down 0.7%

Shares of NASDAQ FER traded down $0.35 during trading hours on Wednesday, hitting $51.55. 152,436 shares of the stock were exchanged, compared to its average volume of 63,206. Ferrovial SE has a 12 month low of $37.92 and a 12 month high of $56.43. The firm has a fifty day moving average price of $47.19 and a 200-day moving average price of $44.15.

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 issued a dividend of $0.3029 per share. The ex-dividend date of this dividend 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.