Metropolis Capital Ltd Has $181 Million Stock Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Metropolis Capital Ltd grew its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 177.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,006,107 shares of the transportation company's stock after buying an additional 2,562,066 shares during the period. Ryanair accounts for 6.3% of Metropolis Capital Ltd's investment portfolio, making the stock its 8th biggest position. Metropolis Capital Ltd owned approximately 0.73% of Ryanair worth $180,996,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC acquired a new stake in Ryanair in the 1st quarter worth about $29,000. GAMMA Investing LLC grew its stake in shares of 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 in the last quarter. EverSource Wealth Advisors LLC lifted its position in Ryanair by 256.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company's stock worth $41,000 after acquiring an additional 215 shares in the last quarter. Advisors Asset Management Inc. purchased a new position in Ryanair in the 1st quarter worth approximately $50,000. Finally, Ridgewood Investments LLC acquired a new stake in Ryanair in the second quarter valued at approximately $50,000. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Ryanair Stock Down 1.5 %

Shares of RYAAY stock traded down $0.67 on Wednesday, reaching $44.94. 77,000 shares of the company's stock traded hands, compared to its average volume of 1,625,985. The business's 50 day moving average price is $87.09 and its two-hundred day moving average price is $109.31. The company has a market capitalization of $24.59 billion, a P/E ratio of 14.89, a price-to-earnings-growth ratio of 2.62 and a beta of 1.54. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.93 and a current ratio of 0.93. 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 analysts' consensus estimates of $2.89 by ($1.20). The company had revenue of $3.90 billion during the quarter, compared to analysts' expectations of $4.32 billion. Ryanair had a return on equity of 20.43% and a net margin of 12.07%. On average, equities analysts forecast that Ryanair Holdings plc will post 2.97 earnings per share for the current year.

Ryanair Cuts Dividend

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

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.