Ausbil Investment Management Ltd reduced its holdings in Ferrovial SE (NASDAQ:FER - Free Report) by 41.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 126,822 shares of the company's stock after selling 88,294 shares during the period. Ferrovial comprises about 3.2% of Ausbil Investment Management Ltd's holdings, making the stock its 10th largest holding. Ausbil Investment Management Ltd's holdings in Ferrovial were worth $5,295,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. SG Americas Securities LLC acquired a new stake in Ferrovial during the fourth quarter valued at $101,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Ferrovial in the 3rd quarter valued at approximately $296,000. Natixis Advisors LLC acquired a new position in Ferrovial in the third quarter worth approximately $447,000. United Services Automobile Association bought a new position in Ferrovial during the third quarter valued at approximately $743,000. Finally, Charles Schwab Investment Management Inc. bought a new position in Ferrovial during the third quarter valued at approximately $940,000. Hedge funds and other institutional investors own 22.28% of the company's stock.
Wall Street Analyst Weigh In
Several research analysts have recently commented on FER shares. Royal Bank of Canada upgraded shares of Ferrovial to a "hold" rating in a research note on Tuesday, November 12th. Bank of America upgraded Ferrovial from a "neutral" rating to a "buy" rating in a report on Tuesday, December 3rd.
Check Out Our Latest Stock Report on FER
Ferrovial Trading Up 1.8 %
Shares of NASDAQ:FER traded up $0.73 during trading on Tuesday, reaching $42.41. The stock had a trading volume of 40,654 shares, compared to its average volume of 60,315. The stock has a fifty day simple moving average of $42.26 and a two-hundred day simple moving average of $41.37. Ferrovial SE has a 52 week low of $35.30 and a 52 week high of $48.29.
Ferrovial Cuts Dividend
The company also recently announced a -- dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 16th were given a dividend of $0.0366 per share. The ex-dividend date of this dividend was Monday, December 16th.
Ferrovial Profile
(
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.
Further Reading
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