Coronation Fund Managers Ltd. Has $31.85 Million Stock Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Coronation Fund Managers Ltd. boosted its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 21.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 730,732 shares of the transportation company's stock after purchasing an additional 126,618 shares during the period. Ryanair comprises 1.9% of Coronation Fund Managers Ltd.'s investment portfolio, making the stock its 20th biggest position. Coronation Fund Managers Ltd. owned approximately 0.14% of Ryanair worth $31,853,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RYAAY. Paradigm Asset Management Co. LLC increased its stake in shares of Ryanair by 87.5% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company's stock worth $34,000 after purchasing an additional 350 shares in the last quarter. Signaturefd LLC lifted its stake in shares of Ryanair by 153.1% during the third quarter. Signaturefd LLC now owns 891 shares of the transportation company's stock valued at $40,000 after buying an additional 539 shares during the period. GAMMA Investing LLC boosted its position in Ryanair by 261.5% during the third quarter. GAMMA Investing LLC now owns 893 shares of the transportation company's stock worth $40,000 after acquiring an additional 646 shares during the last quarter. R Squared Ltd purchased a new stake in Ryanair in the 4th quarter worth approximately $42,000. Finally, Pinnacle Bancorp Inc. raised its holdings 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 last quarter. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Price Performance

RYAAY stock remained flat at $45.65 during midday trading on Thursday. The company's stock had a trading volume of 1,949,187 shares, compared to its average volume of 1,331,872. The stock has a market cap of $24.67 billion, a price-to-earnings ratio of 13.99, a PEG ratio of 2.07 and a beta of 1.50. The stock's fifty day moving average price is $44.79 and its 200 day moving average price is $64.24. Ryanair Holdings plc has a 12 month low of $36.96 and a 12 month high of $60.29. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86.

Ryanair (NASDAQ:RYAAY - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 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%. Research analysts predict that Ryanair Holdings plc will post 3.09 EPS for the current year.

Ryanair Dividend Announcement

The business also recently declared a -- dividend, which will be paid on Monday, March 10th. Investors of record on Friday, January 17th will be given a $0.4677 dividend. The ex-dividend date is Friday, January 17th. This represents a dividend yield of 4.2%. Ryanair's dividend payout ratio (DPR) is 30.66%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Barclays raised shares of Ryanair from an "equal weight" rating to an "overweight" rating in a research note on Friday, October 25th. StockNews.com lowered Ryanair from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. Finally, UBS Group raised shares of Ryanair from a "hold" rating to a "strong-buy" rating in a research note on Monday, November 11th. Five investment analysts have rated the stock with a hold rating, two have given a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $151.00.

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.