Bleakley Financial Group LLC Has $1.02 Million Stake in Ryanair Holdings plc (NASDAQ:RYAAY)

Bleakley Financial Group LLC grew its holdings in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 152.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,476 shares of the transportation company's stock after acquiring an additional 13,564 shares during the period. Bleakley Financial Group LLC's holdings in Ryanair were worth $1,015,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. GAMMA Investing LLC grew its position in Ryanair by 44.9% in the 1st 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 grew its holdings in shares of Ryanair by 4.1% during the second quarter. Gallacher Capital Management LLC now owns 3,796 shares of the transportation company's stock worth $442,000 after buying an additional 150 shares in the last quarter. Benjamin F. Edwards & Company Inc. grew its position in shares of Ryanair by 25.8% in the first 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 purchased a new position in shares of Ryanair during the 1st quarter worth about $29,000. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its stake in Ryanair by 0.8% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 25,237 shares of the transportation company's stock worth $2,939,000 after purchasing an additional 212 shares during the period. Hedge funds and other institutional investors own 43.66% of the company's stock.

Analyst Ratings Changes

RYAAY has been the topic of several recent analyst reports. Sanford C. Bernstein cut their price target on shares of Ryanair from $149.00 to $147.00 and set an "outperform" rating on the stock in a report on Thursday, August 29th. HSBC downgraded shares of Ryanair from a "buy" rating to a "hold" rating in a report on Friday, July 12th. Citigroup upgraded Ryanair to a "strong-buy" rating in a research report on Friday, August 2nd. Hsbc Global Res upgraded shares of Ryanair to a "hold" rating in a report on Friday, July 12th. Finally, The Goldman Sachs Group upgraded Ryanair to a "strong-buy" rating in a research report on Friday, August 9th. Seven research analysts have rated the stock with a hold rating, one has issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $154.67.

Ryanair Trading Down 0.7 %

Shares of Ryanair stock traded down $0.33 during trading hours on Monday, hitting $45.10. The company's stock had a trading volume of 902,063 shares, compared to its average volume of 1,634,760. 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 company has a market capitalization of $10.18 billion, a PE ratio of 4.95, a price-to-earnings-growth ratio of 2.55 and a beta of 1.54. The stock has a 50 day moving average of $89.37 and a 200 day moving average of $110.71. Ryanair Holdings plc has a 12 month low of $34.87 and a 12 month high of $60.29.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its quarterly earnings results on Monday, July 22nd. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $4.32 billion. Analysts predict that Ryanair Holdings plc will post 2.97 earnings per share for the current year.

Ryanair Cuts Dividend

The firm also recently announced a Variable dividend, which was paid on Thursday, September 26th. Investors of record on Friday, August 9th were issued a dividend of $0.692 per share. This represents a dividend yield of 1.8%. The ex-dividend date was Friday, September 13th. Ryanair's payout ratio is presently 11.29%.

About Ryanair

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.