USS Investment Management Ltd cut its holdings in Ferrovial SE (NASDAQ:FER - Free Report) by 18.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,373 shares of the company's stock after selling 24,078 shares during the quarter. USS Investment Management Ltd's holdings in Ferrovial were worth $4,597,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of FER. Norges Bank purchased a new stake in shares of Ferrovial in the 4th quarter worth about $440,665,000. Banco Santander S.A. purchased a new stake in shares of Ferrovial in the 4th quarter worth about $310,316,000. FMR LLC grew its position in shares of Ferrovial by 4,066.5% in the 4th quarter. FMR LLC now owns 6,171,067 shares of the company's stock worth $259,527,000 after buying an additional 6,022,956 shares during the period. Bank of America Corp DE grew its position 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 worth $663,374,000 after buying an additional 3,657,704 shares during the period. Finally, JPMorgan Chase & Co. grew 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 buying an additional 1,326,065 shares during the period. 22.28% of the stock is owned by hedge funds and other institutional investors.
Ferrovial Stock Down 0.6%
NASDAQ:FER opened at $52.24 on Friday. The firm's 50-day moving average price is $46.74 and its 200-day moving average price is $43.84. Ferrovial SE has a 1-year low of $37.92 and a 1-year high of $56.43.
Ferrovial Increases Dividend
The company 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. This is an increase from Ferrovial's previous -- dividend of $0.04. The ex-dividend date is Friday, May 23rd.
About Ferrovial
(
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.
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