Luxor Capital Group LP increased its position in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 203.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 871,945 shares of the company's stock after purchasing an additional 584,963 shares during the period. Ferrovial accounts for approximately 2.3% of Luxor Capital Group LP's portfolio, making the stock its 12th largest position. Luxor Capital Group LP owned 0.12% of Ferrovial worth $37,659,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of FER. Hsbc Holdings PLC purchased a new stake in shares of Ferrovial in the second quarter valued at about $921,680,000. Legal & General Group Plc acquired a new stake in shares of Ferrovial in the second quarter valued at approximately $325,256,000. Toronto Dominion Bank purchased a new position in shares of Ferrovial during the 2nd quarter worth approximately $79,653,000. Bank of Montreal Can purchased a new stake in shares of Ferrovial in the second quarter valued at $69,715,000. Finally, Brookfield Corp ON purchased a new stake in Ferrovial during the 3rd quarter worth about $71,881,000. Institutional investors and hedge funds own 22.28% of the company's stock.
Ferrovial Stock Performance
Shares of Ferrovial stock traded down $0.19 on Monday, hitting $43.28. 238,482 shares of the company's stock traded hands, compared to its average volume of 30,396. The firm's 50-day moving average is $40.67 and its 200 day moving average is $40.72. Ferrovial SE has a 52-week low of $35.30 and a 52-week high of $48.29.
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 dividend of $0.0366 per share. The ex-dividend date is Monday, December 16th.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. Royal Bank of Canada raised shares of 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 note on Tuesday, December 3rd.
Check Out Our Latest Report on FER
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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