6,741 Shares in Ryanair Holdings plc (NASDAQ:RYAAY) Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 6,741 shares of the transportation company's stock, valued at approximately $294,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Paradigm Asset Management Co. LLC increased its holdings in shares of Ryanair by 87.5% in the third quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company's stock worth $34,000 after buying an additional 350 shares during the period. Signaturefd LLC grew its position in Ryanair by 153.1% during the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company's stock worth $40,000 after acquiring an additional 539 shares during the last quarter. GAMMA Investing LLC increased its stake in Ryanair by 261.5% in the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the transportation company's stock worth $40,000 after purchasing an additional 646 shares during the period. TD Private Client Wealth LLC lifted its position in Ryanair by 148.6% in the third quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company's stock valued at $54,000 after purchasing an additional 709 shares during the last quarter. Finally, Fortitude Family Office LLC purchased a new stake in shares of Ryanair during the third quarter valued at approximately $57,000. Hedge funds and other institutional investors own 43.66% of the company's stock.

Ryanair Stock Up 1.3 %

Shares of RYAAY stock traded up $0.61 during midday trading on Friday, reaching $46.14. 984,934 shares of the stock were exchanged, compared to its average volume of 927,566. Ryanair Holdings plc has a 1 year low of $36.96 and a 1 year high of $60.29. The firm has a market cap of $24.94 billion, a PE ratio of 15.38, a price-to-earnings-growth ratio of 1.97 and a beta of 1.50. The company's 50 day moving average is $44.13 and its two-hundred day moving average is $70.06. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22.

Ryanair (NASDAQ:RYAAY - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing the consensus estimate of $2.91 by ($0.09). The firm had revenue of $5.57 billion during the quarter, compared to analysts' expectations of $5.59 billion. Ryanair had a return on equity of 19.92% and a net margin of 11.38%. During the same period in the previous year, the company earned $2.88 earnings per share. On average, equities research analysts predict that Ryanair Holdings plc will post 2.96 EPS for the current year.

Ryanair Dividend Announcement

The firm also recently declared 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 yield of 4.2%. Ryanair's dividend payout ratio (DPR) is currently 33.33%.

Analysts Set New Price Targets

RYAAY has been the topic of several analyst reports. Barclays raised shares of Ryanair from an "equal weight" rating to an "overweight" rating in a research note on Friday, October 25th. UBS Group upgraded shares of Ryanair from a "hold" rating to a "strong-buy" rating in a research report on Monday, November 11th. Finally, StockNews.com upgraded shares of Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, November 14th. Four analysts have rated the stock with a hold rating, three have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $151.00.

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.