Ryanair Holdings plc (NASDAQ:RYAAY) Shares Acquired by CIBC Asset Management Inc

CIBC Asset Management Inc grew its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 119.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 209,892 shares of the transportation company's stock after acquiring an additional 114,271 shares during the quarter. CIBC Asset Management Inc's holdings in Ryanair were worth $9,149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the company. Paradigm Asset Management Co. LLC raised its stake in Ryanair by 87.5% in the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company's stock valued at $34,000 after acquiring an additional 350 shares during the period. Signaturefd LLC raised its stake in Ryanair by 153.1% in the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company's stock valued at $40,000 after acquiring an additional 539 shares during the period. R Squared Ltd bought a new stake in Ryanair in the 4th quarter valued at about $42,000. Pinnacle Bancorp Inc. raised its stake in Ryanair by 150.0% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company's stock valued at $47,000 after acquiring an additional 645 shares during the period. Finally, TD Private Client Wealth LLC increased its position in shares of Ryanair by 148.6% during the third quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company's stock valued at $54,000 after buying an additional 709 shares during the period. 43.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on RYAAY. StockNews.com cut Ryanair from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th. UBS Group upgraded shares of Ryanair from a "hold" rating to a "strong-buy" rating in a research report on Monday, November 11th. Finally, Barclays upgraded shares of Ryanair from an "equal weight" rating to an "overweight" rating in a research report on Friday, October 25th. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat, Ryanair presently has an average rating of "Moderate Buy" and a consensus target price of $151.00.

Ryanair Price Performance

RYAAY traded down $0.37 on Friday, hitting $45.16. 1,276,782 shares of the company's stock traded hands, compared to its average volume of 1,381,555. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $60.29. The company's 50 day simple moving average is $44.68 and its 200-day simple moving average is $62.20. The firm has a market cap of $24.41 billion, a price-to-earnings ratio of 13.84, a P/E/G ratio of 1.97 and a beta of 1.50.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. As a group, research analysts anticipate that Ryanair Holdings plc will post 3.09 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 paid a $0.4677 dividend. This represents a yield of 4.2%. The ex-dividend date is Friday, January 17th. Ryanair's payout ratio is 30.66%.

Ryanair 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.