Quaero Capital S.A. Sells 10,560 Shares of Ferrovial SE (NASDAQ:FER)

Quaero Capital S.A. trimmed its holdings in shares of Ferrovial SE (NASDAQ:FER - Free Report) by 36.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 18,290 shares of the company's stock after selling 10,560 shares during the period. Quaero Capital S.A.'s holdings in Ferrovial were worth $769,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. SG Americas Securities LLC purchased a new position in shares of Ferrovial during the fourth quarter valued at approximately $101,000. Optas LLC purchased a new position in Ferrovial in the 4th quarter worth approximately $228,000. Allspring Global Investments Holdings LLC purchased a new position in Ferrovial in the 3rd quarter worth approximately $296,000. Natixis Advisors LLC purchased a new position in Ferrovial in the 3rd quarter worth approximately $447,000. Finally, United Services Automobile Association purchased a new position in Ferrovial in the 3rd quarter worth approximately $743,000. 22.28% of the stock is currently owned by hedge funds and other institutional investors.

Ferrovial Price Performance

FER traded down $0.65 during mid-day trading on Wednesday, reaching $44.95. 52,093 shares of the company traded hands, compared to its average volume of 60,509. The company's fifty day moving average price is $42.71 and its 200-day moving average price is $41.60. Ferrovial SE has a 52-week low of $35.30 and a 52-week high of $48.29.

Ferrovial Cuts Dividend

The firm also recently disclosed a -- dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 16th were given a dividend of $0.0366 per share. The ex-dividend date was Monday, December 16th.

Analyst Ratings Changes

FER has been the subject of a number of recent analyst reports. Royal Bank of Canada upgraded shares of Ferrovial to a "hold" rating in a report on Tuesday, November 12th. Bank of America upgraded shares of Ferrovial from a "neutral" rating to a "buy" rating in a report on Tuesday, December 3rd.

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.