Public Employees Retirement System of Ohio Invests $584,000 in Ryanair Holdings plc (NASDAQ:RYAAY)

Public Employees Retirement System of Ohio bought a new stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 12,932 shares of the transportation company's stock, valued at approximately $584,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Paradigm Asset Management Co. LLC increased its position in shares of Ryanair by 87.5% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company's stock worth $34,000 after purchasing an additional 350 shares in the last quarter. GAMMA Investing LLC grew its stake in Ryanair by 261.5% in the third quarter. GAMMA Investing LLC now owns 893 shares of the transportation company's stock valued at $40,000 after acquiring an additional 646 shares during the period. Signaturefd LLC increased its stake in Ryanair by 153.1% during the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company's stock worth $40,000 after purchasing an additional 539 shares in the last quarter. Ridgewood Investments LLC acquired a new stake in shares of Ryanair in the 2nd quarter valued at about $50,000. Finally, Fortitude Family Office LLC bought a new position in shares of Ryanair in the third quarter valued at $57,000. 43.66% of the stock is owned by institutional investors.

Ryanair Trading Up 0.5 %

NASDAQ RYAAY traded up $0.21 during trading on Friday, hitting $44.70. 1,085,824 shares of the company's stock traded hands, compared to its average volume of 1,569,679. The stock has a fifty day moving average of $44.95 and a two-hundred day moving average of $83.35. Ryanair Holdings plc has a 12-month low of $36.96 and a 12-month high of $60.29. The firm has a market cap of $24.23 billion, a P/E ratio of 14.90, a PEG ratio of 2.62 and a beta of 1.51. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.81 and a quick ratio of 0.81.

Ryanair (NASDAQ:RYAAY - Get Free Report) last announced its earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.91 by ($0.09). The firm had revenue of $5.57 billion during the quarter, compared to the consensus estimate of $5.59 billion. Ryanair had a return on equity of 19.92% and a net margin of 11.38%. During the same period in the prior year, the company posted $2.88 EPS. As a group, sell-side analysts expect that Ryanair Holdings plc will post 2.97 EPS for the current year.

Ryanair Dividend Announcement

The firm also recently declared a -- dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, January 17th will be issued a dividend of $0.4677 per share. This represents a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, January 17th. Ryanair's payout ratio is currently 33.33%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on RYAAY shares. StockNews.com raised shares of Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, November 14th. Sanford C. Bernstein lowered 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. Barclays raised Ryanair from an "equal weight" rating to an "overweight" rating in a report on Friday, October 25th. Finally, UBS Group raised shares of Ryanair from a "hold" rating to a "strong-buy" rating in a research report on Monday, November 11th. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $151.00.

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.