Partners Group Holding AG Purchases New Shares in Ferrovial SE (NASDAQ:FER)

Partners Group Holding AG acquired a new position in shares of Ferrovial SE (NASDAQ:FER - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 845,983 shares of the company's stock, valued at approximately $36,538,000. Ferrovial makes up about 2.5% of Partners Group Holding AG's portfolio, making the stock its 19th largest holding. Partners Group Holding AG owned approximately 0.11% of Ferrovial at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of FER. Susquehanna International Securities Ltd. bought a new position in shares of Ferrovial in the second quarter valued at about $228,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Ferrovial during the third quarter worth $296,000. Oppenheimer Asset Management Inc. bought a new position in Ferrovial in the second quarter valued at about $307,000. Hancock Whitney Corp acquired a new stake in shares of Ferrovial during the second quarter valued at about $352,000. Finally, Acadian Asset Management LLC bought a new stake in Ferrovial during the 2nd quarter worth approximately $370,000.

Ferrovial Trading Up 0.6 %

Ferrovial stock traded up $0.26 during trading hours on Tuesday, reaching $40.71. 31,938 shares of the company's stock were exchanged, compared to its average volume of 28,031. Ferrovial SE has a twelve month low of $35.30 and a twelve month high of $48.29. The stock's 50 day moving average price is $40.81.

Ferrovial Increases Dividend

The company also recently announced a -- dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, November 7th will be paid a $0.4592 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This is an increase from Ferrovial's previous -- dividend of $0.33.

Analyst Ratings Changes

Separately, Royal Bank of Canada upgraded shares of Ferrovial to a "hold" rating in a report on Tuesday, November 12th.

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.