Swiss National Bank grew its position in Ferrovial SE (NASDAQ:FER - Free Report) by 1.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,564,141 shares of the company's stock after purchasing an additional 16,123 shares during the quarter. Swiss National Bank owned approximately 0.21% of Ferrovial worth $67,411,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. Susquehanna International Securities Ltd. bought a new stake in Ferrovial in the second quarter worth approximately $228,000. Allspring Global Investments Holdings LLC bought a new stake in Ferrovial in the third quarter valued at approximately $296,000. Oppenheimer Asset Management Inc. bought a new position in Ferrovial during the 2nd quarter valued at $307,000. Hancock Whitney Corp purchased a new position in Ferrovial during the 2nd quarter valued at about $352,000. Finally, Acadian Asset Management LLC bought a new position in shares of Ferrovial during the second quarter valued at approximately $370,000.
Ferrovial Trading Down 1.0 %
FER traded down $0.38 during trading on Wednesday, hitting $38.79. The company's stock had a trading volume of 35,903 shares, compared to its average volume of 27,664. Ferrovial SE has a twelve month low of $35.30 and a twelve month high of $48.29. The business's fifty day moving average price is $41.02.
Ferrovial Increases Dividend
The business also recently declared a -- dividend, which will be paid on Friday, December 13th. Investors of record on Thursday, November 7th will be issued a $0.4592 dividend. The ex-dividend date of this dividend is Thursday, November 7th. This is a positive change from Ferrovial's previous -- dividend of $0.33.
Analyst Ratings Changes
Separately, Royal Bank of Canada upgraded Ferrovial to a "hold" rating in a research note on Tuesday, November 12th.
Read Our Latest Stock Report on Ferrovial
About Ferrovial
(
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.
See Also
Before you consider Ferrovial, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ferrovial wasn't on the list.
While Ferrovial currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
