Janus Henderson Group PLC Takes $12.49 Million Position in Ferrovial SE (NASDAQ:FER)

Janus Henderson Group PLC bought a new stake in shares of Ferrovial SE (NASDAQ:FER - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 290,208 shares of the company's stock, valued at approximately $12,492,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Metis Global Partners LLC boosted its holdings in shares of Ferrovial by 2.1% during the 3rd quarter. Metis Global Partners LLC now owns 67,569 shares of the company's stock worth $2,902,000 after buying an additional 1,390 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Ferrovial by 1.3% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 289,940 shares of the company's stock valued at $12,484,000 after acquiring an additional 3,828 shares during the period. Susquehanna International Securities Ltd. bought a new stake in Ferrovial during the second quarter valued at about $228,000. Assenagon Asset Management S.A. grew its position in shares of Ferrovial by 27.0% in the third quarter. Assenagon Asset Management S.A. now owns 32,187 shares of the company's stock valued at $1,386,000 after purchasing an additional 6,834 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Ferrovial in the third quarter worth about $296,000. 22.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Royal Bank of Canada upgraded Ferrovial to a "hold" rating in a research note on Tuesday, November 12th. Bank of America raised Ferrovial from a "neutral" rating to a "buy" rating in a research report on Tuesday, December 3rd.

Ferrovial Stock Down 0.6 %

Shares of NASDAQ FER traded down $0.24 during midday trading on Monday, reaching $43.23. 260,203 shares of the company traded hands, compared to its average volume of 30,542. Ferrovial SE has a 12 month low of $35.30 and a 12 month high of $48.29. The stock's 50-day simple moving average is $40.67 and its 200-day simple moving average is $40.75.

Ferrovial Cuts Dividend

The company also recently declared a -- dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 16th will be issued a dividend of $0.0366 per share. The ex-dividend date is Monday, December 16th.

Ferrovial Profile

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.