Thornburg Investment Management Inc. Has $71.25 Million Holdings in Ferrovial SE (NASDAQ:FER)

Thornburg Investment Management Inc. lifted its stake in Ferrovial SE (NASDAQ:FER) by 6.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,695,181 shares of the company’s stock after purchasing an additional 101,310 shares during the quarter. Ferrovial accounts for 0.9% of Thornburg Investment Management Inc.’s portfolio, making the stock its 25th largest position. Thornburg Investment Management Inc. owned about 0.23% of Ferrovial worth $71,253,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in FER. BNP Paribas Financial Markets purchased a new stake in Ferrovial in the 4th quarter worth approximately $25,000. SG Americas Securities LLC acquired a new position in shares of Ferrovial in the fourth quarter worth $101,000. Tower Research Capital LLC TRC acquired a new stake in Ferrovial during the fourth quarter valued at $158,000. Clearbridge Investments LLC acquired a new position in Ferrovial in the 4th quarter worth about $204,000. Finally, Optas LLC purchased a new stake in shares of Ferrovial during the 4th quarter worth about $228,000. 22.28% of the stock is currently owned by institutional investors and hedge funds.

Ferrovial Trading Up 1.8%

Shares of Ferrovial stock opened at $50.93 on Friday. The stock has a 50-day simple moving average of $46.04 and a 200-day simple moving average of $43.53. Ferrovial SE has a 52-week low of $37.92 and a 52-week high of $56.43.

Ferrovial Increases Dividend

The firm also recently announced a — dividend, which will be paid on Wednesday, June 25th. Shareholders of record on Friday, May 23rd will be paid 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.