QRG Capital Management Inc. Sells 16,998 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

QRG Capital Management Inc. reduced its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 17.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,042 shares of the transportation company's stock after selling 16,998 shares during the quarter. QRG Capital Management Inc.'s holdings in Ryanair were worth $3,402,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of RYAAY. Paradigm Asset Management Co. LLC boosted its stake in shares of Ryanair by 87.5% in the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company's stock valued at $34,000 after purchasing an additional 350 shares during the last quarter. R Squared Ltd acquired a new position in Ryanair in the fourth quarter valued at approximately $42,000. Pinnacle Bancorp Inc. boosted its stake in Ryanair by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company's stock valued at $47,000 after acquiring an additional 645 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in shares of Ryanair by 148.6% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company's stock valued at $54,000 after buying an additional 709 shares during the period. Finally, GAMMA Investing LLC increased its holdings in shares of Ryanair by 125.4% in the fourth quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company's stock worth $88,000 after acquiring an additional 1,120 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company's stock.

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Ryanair Stock Performance

Shares of Ryanair stock traded up $3.51 on Wednesday, hitting $50.08. The stock had a trading volume of 1,472,240 shares, compared to its average volume of 1,528,782. The stock has a market cap of $27.07 billion, a price-to-earnings ratio of 15.35, a price-to-earnings-growth ratio of 2.01 and a beta of 1.50. The business's 50 day moving average is $45.14 and its two-hundred day moving average is $58.54. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair Holdings plc has a twelve month low of $36.96 and a twelve month high of $60.29.

Ryanair (NASDAQ:RYAAY - Get Free Report) last issued its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Analysts forecast that Ryanair Holdings plc will post 3.09 EPS for the current year.

Ryanair Dividend Announcement

The business also recently announced a -- dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 17th will be paid a dividend of $0.4677 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a dividend yield of 4.2%. Ryanair's payout ratio is presently 30.37%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on RYAAY shares. StockNews.com lowered shares of Ryanair from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. UBS Group raised shares of Ryanair from a "hold" rating to a "strong-buy" rating in a research report on Monday, November 11th. Five equities research analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $151.00.

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.