U S Global Investors Inc. Purchases 150,054 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

U S Global Investors Inc. grew its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 175.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 235,415 shares of the transportation company's stock after purchasing an additional 150,054 shares during the period. Ryanair makes up 1.0% of U S Global Investors Inc.'s investment portfolio, making the stock its 23rd biggest holding. U S Global Investors Inc.'s holdings in Ryanair were worth $10,636,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Oldfield Partners LLP raised its holdings in shares of Ryanair by 150.0% in the 3rd quarter. Oldfield Partners LLP now owns 35,500 shares of the transportation company's stock worth $1,604,000 after acquiring an additional 21,300 shares during the last quarter. Stephens Consulting LLC raised its holdings in shares of Ryanair by 150.0% in the 3rd quarter. Stephens Consulting LLC now owns 2,500 shares of the transportation company's stock worth $113,000 after acquiring an additional 1,500 shares during the last quarter. Raymond James & Associates raised its holdings in shares of Ryanair by 137.5% in the 3rd quarter. Raymond James & Associates now owns 385,031 shares of the transportation company's stock worth $17,397,000 after acquiring an additional 222,886 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Ryanair by 54.3% in the 3rd quarter. Blue Trust Inc. now owns 2,462 shares of the transportation company's stock worth $111,000 after acquiring an additional 866 shares during the last quarter. Finally, Inspire Advisors LLC raised its holdings in shares of Ryanair by 189.9% in the 3rd quarter. Inspire Advisors LLC now owns 12,510 shares of the transportation company's stock worth $565,000 after acquiring an additional 8,194 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company's stock.

Ryanair Price Performance

NASDAQ RYAAY traded up $0.51 on Tuesday, hitting $45.61. The stock had a trading volume of 1,385,835 shares, compared to its average volume of 1,633,539. Ryanair Holdings plc has a 52-week low of $34.87 and a 52-week high of $60.29. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.93 and a current ratio of 0.93. The company has a market capitalization of $24.95 billion, a price-to-earnings ratio of 14.89, a price-to-earnings-growth ratio of 2.62 and a beta of 1.54. The firm has a 50-day moving average of $88.24 and a 200-day moving average of $110.02.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted 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 analysts' expectations of $4.32 billion. Ryanair had a net margin of 12.07% and a return on equity of 20.43%. Equities analysts expect that Ryanair Holdings plc will post 2.97 EPS 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 of this dividend was Friday, September 13th. Ryanair's dividend payout ratio is currently 33.94%.

Wall Street Analyst Weigh In

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

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.