Mirae Asset Global Investments Co. Ltd. Has $1.42 Million Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 148.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,371 shares of the transportation company's stock after buying an additional 19,320 shares during the quarter. Mirae Asset Global Investments Co. Ltd.'s holdings in Ryanair were worth $1,422,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Massachusetts Financial Services Co. MA lifted its stake in Ryanair by 188.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 27,263,436 shares of the transportation company's stock worth $1,231,762,000 after purchasing an additional 17,810,361 shares during the last quarter. Baillie Gifford & Co. lifted its stake in Ryanair by 175.7% during the third quarter. Baillie Gifford & Co. now owns 23,548,902 shares of the transportation company's stock worth $1,063,939,000 after purchasing an additional 15,008,023 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Ryanair by 169.7% during the third quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company's stock worth $284,893,000 after purchasing an additional 3,967,436 shares during the last quarter. Metropolis Capital Ltd lifted its stake in Ryanair by 177.4% during the third quarter. Metropolis Capital Ltd now owns 4,006,107 shares of the transportation company's stock worth $180,996,000 after purchasing an additional 2,562,066 shares during the last quarter. Finally, FMR LLC lifted its stake in Ryanair by 35.3% during the third quarter. FMR LLC now owns 8,734,646 shares of the transportation company's stock worth $394,631,000 after purchasing an additional 2,279,679 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company's stock.

Wall Street Analysts Forecast Growth

RYAAY has been the topic of a number of recent research reports. Barclays upgraded Ryanair from an "equal weight" rating to an "overweight" rating in a research note on Friday, October 25th. UBS Group upgraded Ryanair from a "hold" rating to a "strong-buy" rating in a research note on Monday, November 11th. Finally, StockNews.com cut Ryanair from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, Ryanair has an average rating of "Moderate Buy" and an average target price of $151.00.

Ryanair Stock Performance

Shares of RYAAY traded down $0.31 during trading hours on Friday, reaching $45.34. 2,039,946 shares of the company's stock traded hands, compared to its average volume of 1,355,056. The firm has a market capitalization of $24.51 billion, a price-to-earnings ratio of 13.90, a P/E/G ratio of 2.07 and a beta of 1.50. 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 Holdings plc has a twelve month low of $36.96 and a twelve month high of $60.29. The business's fifty day simple moving average is $44.76 and its two-hundred day simple moving average is $64.11.

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

Ryanair Dividend Announcement

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