Quantinno Capital Management LP grew its holdings in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 59.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 43,585 shares of the company's stock after purchasing an additional 16,173 shares during the period. Quantinno Capital Management LP's holdings in Ferrovial were worth $1,880,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Hsbc Holdings PLC bought a new position in Ferrovial during the 2nd quarter valued at $921,680,000. Legal & General Group Plc acquired a new position in Ferrovial during the second quarter worth about $325,256,000. Toronto Dominion Bank bought a new stake in Ferrovial in the second quarter worth about $79,653,000. Bank of Montreal Can acquired a new stake in Ferrovial in the 2nd quarter valued at about $69,715,000. Finally, DekaBank Deutsche Girozentrale bought a new position in shares of Ferrovial during the 2nd quarter valued at about $59,403,000. 22.28% of the stock is currently owned by institutional investors.
Ferrovial Price Performance
FER stock traded up $0.77 during mid-day trading on Thursday, reaching $43.29. 38,811 shares of the stock traded hands, compared to its average volume of 30,770. Ferrovial SE has a 52-week low of $35.30 and a 52-week high of $48.29. The stock's fifty day moving average is $40.68 and its 200-day moving average is $40.79.
Ferrovial Cuts Dividend
The company also recently disclosed a -- dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 16th will be paid a $0.0366 dividend. The ex-dividend date of this dividend is Monday, December 16th.
Analysts Set New Price Targets
FER has been the topic of a number of research reports. Royal Bank of Canada upgraded shares of Ferrovial to a "hold" rating in a report on Tuesday, November 12th. Bank of America upgraded Ferrovial from a "neutral" rating to a "buy" rating in a research report on Tuesday, December 3rd.
Read 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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