Citigroup Inc. Lowers Holdings in Ferrovial SE (NASDAQ:FER)

Citigroup Inc. reduced its position in Ferrovial SE (NASDAQ:FER) by 57.3% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 3,776,155 shares of the company’s stock after selling 5,074,349 shares during the quarter. Citigroup Inc. owned about 0.51% of Ferrovial worth $162,591,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Canada Pension Plan Investment Board purchased a new stake in shares of Ferrovial during the 2nd quarter worth $19,051,000. M&G Plc acquired a new stake in shares of Ferrovial during the 2nd quarter valued at approximately $43,583,000. Ausbil Investment Management Ltd purchased a new stake in Ferrovial during the third quarter worth $9,262,000. Exane Asset Management acquired a new stake in Ferrovial in the second quarter valued at $20,938,000. Finally, ProShare Advisors LLC purchased a new stake in shares of Ferrovial in the second quarter valued at about $2,137,000.

Analyst Upgrades and Downgrades

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

Ferrovial Stock Up 0.5 %

FER opened at $38.76 on Friday. Ferrovial SE has a 52-week low of $35.30 and a 52-week high of $48.29. The stock’s 50 day simple moving average is $40.92.

Ferrovial Increases Dividend

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

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.