UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 491,976 Shares of Ferrovial SE (NASDAQ:FER)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in shares of Ferrovial SE (NASDAQ:FER) by 15.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,616,147 shares of the company’s stock after selling 491,976 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Ferrovial were worth $112,991,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Hsbc Holdings PLC bought a new position in shares of Ferrovial during the 2nd quarter worth about $921,680,000. Legal & General Group Plc bought a new position in Ferrovial in the second quarter worth approximately $325,256,000. Toronto Dominion Bank acquired a new stake in Ferrovial in the second quarter valued at approximately $79,653,000. Bank of Montreal Can bought a new stake in shares of Ferrovial during the second quarter valued at approximately $69,715,000. Finally, DekaBank Deutsche Girozentrale acquired a new position in shares of Ferrovial during the second quarter worth approximately $59,403,000.

Ferrovial Stock Performance

Shares of NASDAQ:FER opened at $41.37 on Monday. The firm’s 50 day moving average is $40.69. 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 announced a — dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 7th will be given 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.

Analyst Ratings Changes

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

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.