Artemis Investment Management LLP Sells 78,742 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Artemis Investment Management LLP decreased its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 4.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,516,032 shares of the transportation company's stock after selling 78,742 shares during the period. Artemis Investment Management LLP owned about 0.28% of Ryanair worth $66,084,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of RYAAY. Paradigm Asset Management Co. LLC raised its position 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 valued at $34,000 after purchasing an additional 350 shares during the period. GAMMA Investing LLC raised its holdings in Ryanair by 261.5% during the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the transportation company's stock valued at $40,000 after acquiring an additional 646 shares during the period. Signaturefd LLC lifted its position in shares of Ryanair by 153.1% during the third quarter. Signaturefd LLC now owns 891 shares of the transportation company's stock worth $40,000 after acquiring an additional 539 shares in the last quarter. Pinnacle Bancorp Inc. boosted its holdings in shares of Ryanair by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company's stock worth $47,000 after acquiring an additional 645 shares during the period. Finally, TD Private Client Wealth LLC grew its position in shares of 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 in the last quarter. 43.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. UBS Group raised shares of Ryanair from a "hold" rating to a "strong-buy" rating in a report on Monday, November 11th. Barclays raised Ryanair from an "equal weight" rating to an "overweight" rating in a research note on Friday, October 25th. Finally, StockNews.com upgraded Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday, November 14th. Four research analysts have rated the stock with a hold rating, three have given a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $151.00.

Ryanair Trading Up 0.3 %

Shares of RYAAY stock traded up $0.11 during trading hours on Monday, reaching $41.65. The company's stock had a trading volume of 1,187,910 shares, compared to its average volume of 843,023. 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 Holdings plc has a one year low of $36.96 and a one year high of $60.29. The stock has a market capitalization of $22.51 billion, a P/E ratio of 13.88, a P/E/G ratio of 1.92 and a beta of 1.50. The firm's fifty day simple moving average is $44.23 and its 200 day simple moving average is $72.34.

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

Ryanair Dividend Announcement

The company also recently disclosed a -- dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 17th will be given a dividend of $0.4677 per share. This represents a yield of 4.2%. The ex-dividend date is Friday, January 17th. Ryanair's dividend payout ratio is currently 34.67%.

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.