Inspire Investing LLC Increases Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Inspire Investing LLC increased its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 163.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 39,641 shares of the transportation company's stock after purchasing an additional 24,572 shares during the quarter. Inspire Investing LLC's holdings in Ryanair were worth $1,791,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Transcendent Capital Group LLC bought a new position in shares of Ryanair in the first quarter valued at about $29,000. GAMMA Investing LLC lifted its position in Ryanair by 44.9% during the first quarter. GAMMA Investing LLC now owns 242 shares of the transportation company's stock worth $35,000 after acquiring an additional 75 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Ryanair by 256.0% during the first quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company's stock worth $41,000 after acquiring an additional 215 shares during the period. Advisors Asset Management Inc. bought a new stake in shares of Ryanair during the first quarter worth approximately $50,000. Finally, Ridgewood Investments LLC acquired a new position in shares of Ryanair in the second quarter valued at approximately $50,000. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Trading Up 1.5 %

RYAAY traded up $0.66 during trading on Monday, reaching $44.19. 1,061,897 shares of the company's stock were exchanged, compared to its average volume of 1,642,135. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.32. Ryanair Holdings plc has a one year low of $34.87 and a one year high of $60.29. The firm has a fifty day moving average price of $94.89 and a two-hundred day moving average price of $114.25. The stock has a market capitalization of $24.18 billion, a PE ratio of 14.41, a price-to-earnings-growth ratio of 2.50 and a beta of 1.54.

Ryanair (NASDAQ:RYAAY - Get Free Report) last issued its quarterly earnings results on Monday, July 22nd. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.89 by ($1.20). Ryanair had a return on equity of 20.43% and a net margin of 12.07%. The firm had revenue of $3.90 billion during the quarter, compared to analyst estimates of $4.32 billion. As a group, equities research analysts forecast that Ryanair Holdings plc will post 2.97 earnings per share for the current fiscal year.

Ryanair Cuts Dividend

The company also recently disclosed a Variable dividend, which was paid on Thursday, September 26th. Shareholders of record on Friday, August 9th were paid a $0.692 dividend. The ex-dividend date of this dividend was Friday, September 13th. This represents a yield of 1.8%. Ryanair's dividend payout ratio (DPR) is presently 33.94%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. UBS Group lowered shares of Ryanair from a "buy" rating to a "neutral" rating in a research report on Thursday, June 20th. Citigroup upgraded Ryanair to a "strong-buy" rating in a research note on Friday, August 2nd. The Goldman Sachs Group raised Ryanair to a "strong-buy" rating in a research report on Friday, August 9th. HSBC downgraded Ryanair from a "buy" rating to a "hold" rating in a research report on Friday, July 12th. Finally, Barclays cut shares of Ryanair from an "overweight" rating to an "equal weight" rating in a research report on Friday, June 21st. Seven analysts have rated the stock with a hold rating, one has assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target 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.