Vontobel Holding Ltd. grew its holdings in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 37.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 61,132 shares of the company's stock after buying an additional 16,814 shares during the quarter. Vontobel Holding Ltd.'s holdings in Ferrovial were worth $2,569,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. SG Americas Securities LLC purchased a new stake in Ferrovial in the 4th quarter worth about $101,000. Optas LLC purchased a new stake in Ferrovial in the 4th quarter worth about $228,000. Allspring Global Investments Holdings LLC purchased a new stake in Ferrovial in the 3rd quarter worth about $296,000. Natixis Advisors LLC purchased a new stake in Ferrovial in the 3rd quarter worth about $447,000. Finally, United Services Automobile Association purchased a new stake in Ferrovial in the 3rd quarter worth about $743,000. 22.28% of the stock is currently owned by hedge funds and other institutional investors.
Ferrovial Price Performance
FER stock traded up $0.29 during mid-day trading on Thursday, reaching $45.24. The company had a trading volume of 42,524 shares, compared to its average volume of 59,961. The firm has a 50 day moving average of $42.71 and a 200 day moving average of $41.60. Ferrovial SE has a 12 month low of $35.30 and a 12 month high of $48.29.
Ferrovial Cuts Dividend
The business also recently announced a -- dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 16th were paid a $0.0366 dividend. The ex-dividend date of this dividend was Monday, December 16th.
Wall Street Analyst Weigh In
FER has been the topic of a number of recent analyst reports. Bank of America raised shares of Ferrovial from a "neutral" rating to a "buy" rating in a research report on Tuesday, December 3rd. Royal Bank of Canada raised shares of Ferrovial to a "hold" rating in a research report on Tuesday, November 12th.
Check Out Our Latest Stock Analysis on Ferrovial
Ferrovial Company 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.
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