Mercer Global Advisors Inc. ADV Has $3.69 Million Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Mercer Global Advisors Inc. ADV grew its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 17.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 31,686 shares of the transportation company's stock after purchasing an additional 4,642 shares during the period. Mercer Global Advisors Inc. ADV's holdings in Ryanair were worth $3,690,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. GAMMA Investing LLC lifted its stake in Ryanair by 44.9% in the first quarter. GAMMA Investing LLC now owns 242 shares of the transportation company's stock valued at $35,000 after buying an additional 75 shares during the last quarter. Gallacher Capital Management LLC lifted its position in Ryanair by 4.1% in the 2nd quarter. Gallacher Capital Management LLC now owns 3,796 shares of the transportation company's stock valued at $442,000 after purchasing an additional 150 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its stake in Ryanair by 25.8% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 912 shares of the transportation company's stock valued at $133,000 after purchasing an additional 187 shares during the period. Transcendent Capital Group LLC bought a new position in Ryanair in the 1st quarter worth about $29,000. Finally, Verdence Capital Advisors LLC increased its stake in shares of Ryanair by 2.5% in the first quarter. Verdence Capital Advisors LLC now owns 8,795 shares of the transportation company's stock valued at $1,280,000 after purchasing an additional 211 shares during the period. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Stock Down 0.4 %

RYAAY stock opened at $113.28 on Monday. The firm has a market cap of $25.58 billion, a PE ratio of 12.47, a P/E/G ratio of 1.61 and a beta of 1.55. Ryanair Holdings plc has a 12 month low of $87.18 and a 12 month high of $150.73. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.93 and a quick ratio of 0.93. The firm has a 50 day simple moving average of $106.27 and a 200 day simple moving average of $122.24.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its quarterly earnings data on Monday, July 22nd. The transportation company reported $1.69 earnings per share for the quarter, missing the consensus estimate of $2.89 by ($1.20). The company had revenue of $3.90 billion for the quarter, compared to the consensus estimate of $4.32 billion. Ryanair had a return on equity of 20.43% and a net margin of 12.07%. Equities research analysts forecast that Ryanair Holdings plc will post 6.93 earnings per share for the current fiscal year.

Ryanair Cuts Dividend

The company also recently declared a Variable dividend, which will be paid on Thursday, September 26th. Stockholders of record on Friday, August 9th will be issued a dividend of $0.692 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a dividend yield of 1.8%. Ryanair's dividend payout ratio is currently 28.18%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. The Goldman Sachs Group raised Ryanair to a "strong-buy" rating in a report on Friday, August 9th. UBS Group lowered Ryanair from a "buy" rating to a "neutral" rating in a report on Thursday, June 20th. Sanford C. Bernstein cut their price objective on shares of Ryanair from $149.00 to $147.00 and set an "outperform" rating on the stock in a research note on Thursday, August 29th. Hsbc Global Res raised shares of Ryanair to a "hold" rating in a research note on Friday, July 12th. Finally, HSBC downgraded shares of Ryanair from a "buy" rating to a "hold" rating in a research report on Friday, July 12th. Seven investment analysts have rated the stock with a hold rating, one has assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, Ryanair currently has an average rating of "Moderate Buy" and a consensus target price of $154.67.

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.