Vanderbilt University Sells 5,871 Shares of Ferrovial SE (NASDAQ:FER)

Vanderbilt University reduced its holdings in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 9.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,626 shares of the company's stock after selling 5,871 shares during the period. Vanderbilt University's holdings in Ferrovial were worth $2,563,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FER. BNP Paribas Financial Markets bought a new position in shares of Ferrovial in the fourth quarter worth approximately $25,000. Charles Schwab Investment Management Inc. boosted its position in shares of Ferrovial by 3.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 22,497 shares of the company's stock worth $946,000 after purchasing an additional 738 shares during the period. Wellington Management Group LLP boosted its position in shares of Ferrovial by 2.5% in the fourth quarter. Wellington Management Group LLP now owns 33,774 shares of the company's stock worth $1,420,000 after purchasing an additional 813 shares during the period. Assenagon Asset Management S.A. boosted its position in shares of Ferrovial by 3.6% in the first quarter. Assenagon Asset Management S.A. now owns 30,097 shares of the company's stock worth $1,339,000 after purchasing an additional 1,059 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Ferrovial by 24.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,440 shares of the company's stock worth $225,000 after purchasing an additional 1,073 shares during the period. 22.28% of the stock is owned by hedge funds and other institutional investors.

Ferrovial Stock Performance

Shares of FER traded up $1.01 during mid-day trading on Monday, reaching $51.27. The stock had a trading volume of 143,874 shares, compared to its average volume of 72,328. The business has a fifty day moving average of $49.90 and a 200 day moving average of $45.62. Ferrovial SE has a 12 month low of $37.93 and a 12 month high of $56.43.

Ferrovial Increases Dividend

The business also recently announced 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 a positive change from Ferrovial's previous -- dividend of $0.04. The ex-dividend date is Friday, May 23rd.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen lowered shares of Ferrovial from a "buy" rating to a "hold" rating in a research report on Friday, June 6th.

About Ferrovial

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.