MML Investors Services LLC Grows Stock Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

MML Investors Services LLC grew its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 135.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,928 shares of the transportation company's stock after acquiring an additional 15,493 shares during the quarter. MML Investors Services LLC's holdings in Ryanair were worth $1,217,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of RYAAY. Mackenzie Financial Corp grew its position in Ryanair by 826.7% in the second quarter. Mackenzie Financial Corp now owns 621,773 shares of the transportation company's stock worth $72,399,000 after acquiring an additional 554,680 shares in the last quarter. Scientech Research LLC lifted its stake in Ryanair by 306.5% during the second quarter. Scientech Research LLC now owns 7,260 shares of the transportation company's stock worth $845,000 after purchasing an additional 5,474 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Ryanair by 149.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 19,055 shares of the transportation company's stock worth $861,000 after purchasing an additional 11,404 shares in the last quarter. Charles Schwab Investment Management Inc. bought a new position in shares of Ryanair during the 3rd quarter valued at about $4,067,000. Finally, Natixis Advisors LLC raised its holdings in shares of Ryanair by 12.4% during the 3rd quarter. Natixis Advisors LLC now owns 393,030 shares of the transportation company's stock valued at $17,757,000 after buying an additional 43,449 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company's stock.

Ryanair Stock Up 0.8 %

Shares of NASDAQ RYAAY traded up $0.37 during mid-day trading on Thursday, hitting $44.49. 1,264,313 shares of the stock traded hands, compared to its average volume of 1,571,654. The company has a market cap of $24.11 billion, a price-to-earnings ratio of 14.83, a PEG ratio of 2.62 and a beta of 1.51. The stock has a fifty day moving average price of $44.92 and a 200-day moving average price of $83.89. Ryanair Holdings plc has a 52 week low of $36.96 and a 52 week high of $60.29. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81.

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 (EPS) for the quarter, missing analysts' consensus estimates of $2.91 by ($0.09). The business had revenue of $5.57 billion for the quarter, compared to analysts' expectations of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same period last year, the business earned $2.88 earnings per share. Research analysts anticipate that Ryanair Holdings plc will post 2.97 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 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 is currently 33.33%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on RYAAY. UBS Group upgraded shares of Ryanair from a "hold" rating to a "strong-buy" rating in a research report on Monday, November 11th. Barclays upgraded Ryanair from an "equal weight" rating to an "overweight" rating in a report on Friday, October 25th. Sanford C. Bernstein lowered their target price on Ryanair from $149.00 to $147.00 and set an "outperform" rating for the company in a research note on Thursday, August 29th. Finally, StockNews.com upgraded Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, November 14th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price 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.