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.
View Our Latest Report on Ferrovial
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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