Public Sector Pension Investment Board Boosts Position in Ferrovial SE (NASDAQ:FER)

Public Sector Pension Investment Board boosted its position in shares of Ferrovial SE (NASDAQ:FER) by 23.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 270,514 shares of the company’s stock after acquiring an additional 50,900 shares during the quarter. Public Sector Pension Investment Board’s holdings in Ferrovial were worth $11,648,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Susquehanna International Securities Ltd. purchased a new stake in Ferrovial in the second quarter worth about $228,000. Allspring Global Investments Holdings LLC purchased a new stake in Ferrovial in the third quarter worth about $296,000. Oppenheimer Asset Management Inc. purchased a new stake in Ferrovial in the second quarter worth about $307,000. Hancock Whitney Corp purchased a new stake in Ferrovial in the second quarter worth about $352,000. Finally, Acadian Asset Management LLC purchased a new stake in Ferrovial in the second quarter worth about $370,000.

Analyst Ratings Changes

Separately, Royal Bank of Canada upgraded Ferrovial to a “hold” rating in a research report on Tuesday, November 12th.

Ferrovial Stock Performance

Shares of FER opened at $41.12 on Friday. The company’s 50 day simple moving average is $40.71. Ferrovial SE has a 12-month low of $35.30 and a 12-month high of $48.29.

Ferrovial Increases Dividend

The company also recently declared a — dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 7th will be issued a dividend of $0.4592 per share. The ex-dividend date of this dividend is Thursday, November 7th. This is a boost from Ferrovial’s previous — dividend of $0.33.

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.