R Squared Ltd acquired a new stake in Ryanair Holdings plc (NASDAQ:RYAAY – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund acquired 955 shares of the transportation company’s stock, valued at approximately $42,000.
Other institutional investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new position in shares of Ryanair in the second quarter worth about $1,788,000. GAMMA Investing LLC lifted its stake in Ryanair by 261.5% in the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock valued at $40,000 after purchasing an additional 646 shares during the last quarter. Diversified Trust Co boosted its position in Ryanair by 82.5% in the third quarter. Diversified Trust Co now owns 39,005 shares of the transportation company’s stock valued at $1,762,000 after buying an additional 17,631 shares in the last quarter. Mather Group LLC. grew its stake in shares of Ryanair by 151.8% during the third quarter. Mather Group LLC. now owns 1,629 shares of the transportation company’s stock worth $74,000 after buying an additional 982 shares during the last quarter. Finally, Artemis Investment Management LLP increased its holdings in shares of Ryanair by 179.1% during the third quarter. Artemis Investment Management LLP now owns 1,594,774 shares of the transportation company’s stock worth $72,052,000 after buying an additional 1,023,297 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on RYAAY. UBS Group raised Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. StockNews.com lowered shares of Ryanair from a “buy” rating to a “hold” rating in a report on Tuesday, January 28th. Finally, Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. Five equities research analysts have rated the stock with a hold rating, two have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $151.00.
Ryanair Stock Down 3.1 %
Shares of NASDAQ RYAAY opened at $46.69 on Monday. The company’s 50 day moving average price is $44.45 and its 200-day moving average price is $67.52. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.81 and a current ratio of 0.86. Ryanair Holdings plc has a 52-week low of $36.96 and a 52-week high of $60.29. The company has a market capitalization of $25.24 billion, a P/E ratio of 14.31, a price-to-earnings-growth ratio of 2.10 and a beta of 1.50.
Ryanair (NASDAQ:RYAAY – Get Free Report) last released its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. Equities analysts forecast that Ryanair Holdings plc will post 3.05 earnings per share for the current year.
Ryanair Announces Dividend
The firm also recently announced a — dividend, which will be paid on Monday, March 10th. Investors of record on Friday, January 17th will be given a dividend of $0.4677 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a dividend yield of 4.2%. Ryanair’s payout ratio is 30.67%.
Ryanair Company Profile
Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.
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