Ferrovial SE (NASDAQ:FER) Stock Holdings Cut by M&G Plc

M&G PLC decreased its holdings in Ferrovial SE (NASDAQ:FER - Free Report) by 2.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,098,366 shares of the company's stock after selling 31,474 shares during the period. M&G PLC owned 0.15% of Ferrovial worth $47,704,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Hsbc Holdings PLC bought a new position in Ferrovial during the 2nd quarter valued at about $921,680,000. Legal & General Group Plc purchased a new position in Ferrovial in the second quarter valued at about $325,256,000. Toronto Dominion Bank acquired a new stake in Ferrovial in the second quarter worth about $79,653,000. Bank of Montreal Can acquired a new stake in shares of Ferrovial during the second quarter worth about $69,715,000. Finally, DekaBank Deutsche Girozentrale purchased a new stake in shares of Ferrovial in the second quarter valued at approximately $59,403,000.

Ferrovial Stock Up 0.9 %

Shares of Ferrovial stock traded up $0.35 during trading hours on Thursday, hitting $38.91. The company's stock had a trading volume of 31,963 shares, compared to its average volume of 26,561. The company's fifty day simple moving average is $41.55. Ferrovial SE has a twelve month low of $32.82 and a twelve month high of $48.29.

Ferrovial Increases Dividend

The firm also recently declared a -- dividend, which will be paid on Friday, December 13th. Investors of record on Thursday, November 7th will be paid a $0.4592 dividend. The ex-dividend date is Thursday, November 7th. This is an increase from Ferrovial's previous -- dividend of $0.33.

Ferrovial Company 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.