Ferrovial SE $FER is TCI Fund Management Ltd.’s 9th Largest Position

TCI Fund Management Ltd. boosted its position in Ferrovial SE (NASDAQ:FER) by 0.7% in the 2nd quarter, Holdings Channel reports. The firm owned 19,470,666 shares of the company’s stock after acquiring an additional 137,238 shares during the quarter. Ferrovial accounts for about 2.0% of TCI Fund Management Ltd.’s portfolio, making the stock its 9th largest position. TCI Fund Management Ltd.’s holdings in Ferrovial were worth $1,038,720,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. AlphaCore Capital LLC purchased a new position in Ferrovial in the 2nd quarter worth approximately $83,000. Earned Wealth Advisors LLC acquired a new stake in shares of Ferrovial in the second quarter valued at approximately $240,000. Simon Quick Advisors LLC purchased a new position in Ferrovial during the second quarter worth approximately $274,000. Townsquare Capital LLC lifted its position in Ferrovial by 23.5% during the first quarter. Townsquare Capital LLC now owns 6,872 shares of the company’s stock worth $309,000 after buying an additional 1,306 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new stake in Ferrovial in the 2nd quarter valued at $310,000. Hedge funds and other institutional investors own 22.28% of the company’s stock.

Ferrovial Stock Performance

Shares of FER stock opened at $66.45 on Wednesday. The firm’s 50 day moving average price is $63.31 and its 200-day moving average price is $57.02. Ferrovial SE has a one year low of $40.07 and a one year high of $67.03.

Ferrovial Dividend Announcement

The company also recently disclosed a special dividend, which will be paid on Monday, December 22nd. Investors of record on Friday, December 5th will be issued a $0.077 dividend. The ex-dividend date is Friday, December 5th.

Analyst Upgrades and Downgrades

Several research firms have recently commented on FER. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Ferrovial in a report on Monday, November 3rd. Sanford C. Bernstein cut shares of Ferrovial to a “market perform” rating in a research report on Wednesday. Finally, Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Ferrovial in a research note on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Ferrovial currently has an average rating of “Moderate Buy”.

About Ferrovial

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.