In a significant development within the financial sector, Mackenzie Financial Corp recently adjusted its substantial investment in Ferrovial SE, a move that has drawn attention from market analysts and investors alike. This divestment reflects ongoing strategic shifts within major investment firms, highlighting dynamic changes in portfolio management and asset allocation in response to market conditions.
According to its most recent Form 13F filing with the SEC, Mackenzie Financial Corp reduced its stake in Ferrovial SE by a notable 2.0% during the first quarter. This adjustment saw the firm sell 1,651 shares, leaving them with a holding of 82,455 shares of the company’s stock. At the close of the most recent reporting period, Mackenzie Financial Corp’s considerable holdings in Ferrovial were valued at $3,673,000, underscoring the scale of their financial commitment and subsequent re-evaluation.
Mackenzie Financial is not alone in its activity concerning Ferrovial SE. A number of other institutional investors have also modified their holdings, indicating a collective re-assessment of this particular equity. For instance, BNP Paribas Financial Markets initiated a new position in Ferrovial shares during the fourth quarter, with an approximate value of $25,000, signaling fresh interest from some quarters.
Further demonstrating varied institutional sentiment, Tower Research Capital LLC TRC also acquired a new position in Ferrovial during the fourth quarter, valued at approximately $158,000. Concurrently, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. significantly boosted its stake in the company by 24.6% in the same period, now owning 5,440 shares valued at $225,000 after purchasing an additional 1,073 shares. These actions showcase diverse Investment Management strategies among major players.
Adding to the influx of new capital, Jane Street Group LLC established a new position in Ferrovial shares during the fourth quarter, valued at approximately $228,000. Similarly, Townsquare Capital LLC also bought a new position worth about $234,000. Collectively, these Institutional Holdings reveal that approximately 22.28% of Ferrovial Ferrovial Stock is now owned by hedge funds and other institutional investors, indicating a strong institutional presence despite Mackenzie Financial’s reduction.
Analyst sentiment surrounding Ferrovial has also seen shifts. BNP Paribas Exane upgraded Ferrovial from an “underperform” to a “neutral” rating, while another firm downgraded it from “buy” to “hold”. Morgan Stanley, however, reiterated an “overweight” rating. This mixed bag of research reports results in a consensus “Hold” rating for the company, reflecting a cautious but not entirely negative Stock Market Analysis outlook.
Regarding the Corporate Dividends aspect, Ferrovial recently announced a dividend of $0.3029, which was distributed on Wednesday, June 25th. This represents a positive increase from its previous dividend of $0.04. Shareholders of record on Friday, May 23rd, were eligible for this payout, with the ex-dividend date also being May 23rd, providing tangible returns to investors.
As of Friday, Ferrovial SE shares opened at $51.18. The company’s stock has experienced fluctuations, with a twelve-month low of $37.93 and a twelve-month high of $56.43. The current trading patterns show a 50-day moving average of $52.10 and a two-hundred-day moving average of $47.73, providing technical indicators for market observers interested in its long-term performance.
