Metis Global Partners LLC Has $2.90 Million Stock Position in Ferrovial SE (NASDAQ:FER)

Metis Global Partners LLC lifted its holdings in Ferrovial SE (NASDAQ:FER) by 2.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 67,569 shares of the company’s stock after purchasing an additional 1,390 shares during the period. Metis Global Partners LLC’s holdings in Ferrovial were worth $2,902,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Hsbc Holdings PLC acquired a new stake in shares of Ferrovial in the second quarter worth about $921,680,000. Legal & General Group Plc bought a new position in shares of Ferrovial in the 2nd quarter valued at approximately $325,256,000. Toronto Dominion Bank acquired a new stake in Ferrovial in the 2nd quarter worth approximately $79,653,000. Bank of Montreal Can bought a new stake in Ferrovial during the second quarter worth approximately $69,715,000. Finally, DekaBank Deutsche Girozentrale grew its holdings in Ferrovial by 5.8% during the third quarter. DekaBank Deutsche Girozentrale now owns 1,628,846 shares of the company’s stock valued at $69,830,000 after purchasing an additional 89,293 shares during the last quarter.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada upgraded shares of Ferrovial to a “hold” rating in a research note on Tuesday.

Ferrovial Stock Performance

Shares of NASDAQ:FER opened at $38.58 on Friday. The company has a 50-day simple moving average of $41.27. Ferrovial SE has a 52-week low of $32.82 and a 52-week high of $48.29.

Ferrovial Increases Dividend

The firm also recently announced a — dividend, which will be paid on Friday, December 13th. Shareholders of record on Thursday, November 7th will be issued a $0.4592 dividend. The ex-dividend date is Thursday, November 7th. This is a positive change 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.