Crossmark Global Holdings Inc. trimmed its position in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 42.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,110 shares of the company's stock after selling 14,099 shares during the period. Crossmark Global Holdings Inc.'s holdings in Ferrovial were worth $825,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. M&G Plc purchased a new stake in Ferrovial during the 2nd quarter valued at $43,583,000. Assenagon Asset Management S.A. purchased a new position in shares of Ferrovial during the second quarter valued at approximately $985,000. Bank of New York Mellon Corp bought a new stake in shares of Ferrovial during the second quarter worth $48,282,000. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in Ferrovial in the 2nd quarter valued at about $11,119,000. Finally, Maryland State Retirement & Pension System bought a new stake in Ferrovial during the 2nd quarter valued at $23,691,000.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada upgraded Ferrovial to a "hold" rating in a research note on Tuesday.
Get Our Latest Stock Analysis on FER
Ferrovial Price Performance
Shares of FER stock remained flat at $38.58 during mid-day trading on Friday. The stock had a trading volume of 31,793 shares, compared to its average volume of 27,345. Ferrovial SE has a fifty-two week low of $32.82 and a fifty-two week high of $48.29. The business has a fifty day moving average price of $41.20.
Ferrovial Increases Dividend
The business also recently disclosed a -- dividend, which will be paid on Friday, December 13th. Stockholders of record on Thursday, November 7th will be issued a $0.4592 dividend. The ex-dividend date is Thursday, November 7th. This is a boost from Ferrovial's previous -- dividend of $0.33.
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.
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