Ferrovial SE (NASDAQ:FER) Shares Sold by Zurich Insurance Group Ltd FI

Zurich Insurance Group Ltd FI lessened its position in shares of Ferrovial SE (NASDAQ:FER) by 58.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 136,973 shares of the company’s stock after selling 195,061 shares during the period. Zurich Insurance Group Ltd FI’s holdings in Ferrovial were worth $5,757,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. TCI Fund Management Ltd. increased its position in shares of Ferrovial by 1.2% in the fourth quarter. TCI Fund Management Ltd. now owns 19,333,428 shares of the company’s stock worth $812,724,000 after acquiring an additional 238,184 shares in the last quarter. Thornburg Investment Management Inc. boosted its position in Ferrovial by 6.4% during the 4th quarter. Thornburg Investment Management Inc. now owns 1,695,181 shares of the company’s stock worth $71,253,000 after purchasing an additional 101,310 shares during the period. Skye Global Management LP purchased a new stake in Ferrovial during the 4th quarter worth $10,592,000. Quantinno Capital Management LP increased its holdings in Ferrovial by 60.3% in the 4th quarter. Quantinno Capital Management LP now owns 69,849 shares of the company’s stock valued at $2,936,000 after purchasing an additional 26,264 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Ferrovial by 24.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 5,440 shares of the company’s stock valued at $225,000 after purchasing an additional 1,073 shares during the period. 22.28% of the stock is currently owned by institutional investors and hedge funds.

Ferrovial Stock Performance

Shares of FER opened at $52.63 on Wednesday. Ferrovial SE has a 12 month low of $37.92 and a 12 month high of $56.43. The stock’s 50-day moving average is $46.39 and its two-hundred day moving average is $43.69.

Ferrovial Increases Dividend

The business also recently declared a — dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, May 23rd will be issued a $0.3029 dividend. The ex-dividend date is Friday, May 23rd. This is a boost from Ferrovial’s previous — dividend of $0.04.

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.