Ferrovial SE (NASDAQ:FER) Shares Bought by Versant Capital Management Inc

Versant Capital Management Inc lifted its stake in Ferrovial SE (NASDAQ:FER - Free Report) by 7,984.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,872 shares of the company's stock after purchasing an additional 6,787 shares during the period. Versant Capital Management Inc's holdings in Ferrovial were worth $306,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Norges Bank purchased a new stake in Ferrovial during the fourth quarter worth $440,665,000. Banco Santander S.A. acquired a new position in shares of Ferrovial during the 4th quarter worth $310,316,000. FMR LLC raised its stake in shares of Ferrovial by 4,066.5% during 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 last quarter. Bank of America Corp DE boosted 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 in the last quarter. Finally, JPMorgan Chase & Co. grew its stake in Ferrovial by 40.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,573,215 shares of the company's stock valued at $197,517,000 after acquiring an additional 1,326,065 shares during the last quarter. Institutional investors and hedge funds own 22.28% of the company's stock.

Ferrovial Price Performance

FER stock traded up $0.44 on Wednesday, reaching $51.43. The company had a trading volume of 66,895 shares, compared to its average volume of 65,195. The company's fifty day moving average is $47.85 and its 200 day moving average is $44.59. Ferrovial SE has a 1 year low of $37.92 and a 1 year high of $56.43.

Ferrovial Increases Dividend

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

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of Ferrovial from a "hold" rating to a "buy" rating in a research report on Saturday, May 24th.

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.