JCIC Asset Management Inc. Has $3.10 Million Position in Ryanair Holdings plc (NASDAQ:RYAAY)

JCIC Asset Management Inc. lifted its stake in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 154.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 71,018 shares of the transportation company's stock after acquiring an additional 43,098 shares during the period. Ryanair accounts for approximately 1.3% of JCIC Asset Management Inc.'s holdings, making the stock its 27th biggest position. JCIC Asset Management Inc.'s holdings in Ryanair were worth $3,096,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Massachusetts Financial Services Co. MA grew its holdings in Ryanair by 2.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 9,453,075 shares of the transportation company's stock worth $1,100,716,000 after acquiring an additional 183,584 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in shares of Ryanair by 17.2% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 31,686 shares of the transportation company's stock valued at $3,690,000 after purchasing an additional 4,642 shares in the last quarter. Hsbc Holdings PLC acquired a new position in shares of Ryanair in the 2nd quarter worth approximately $10,817,000. Inspire Investing LLC raised its holdings in shares of Ryanair by 20.4% in the 2nd quarter. Inspire Investing LLC now owns 15,069 shares of the transportation company's stock worth $1,755,000 after purchasing an additional 2,558 shares in the last quarter. Finally, Sprucegrove Investment Management Ltd. lifted its stake in Ryanair by 13.2% during the second quarter. Sprucegrove Investment Management Ltd. now owns 3,168,162 shares of the transportation company's stock valued at $368,901,000 after purchasing an additional 368,800 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Ryanair Stock Down 2.5 %

Shares of RYAAY traded down $1.08 during mid-day trading on Monday, reaching $41.88. The company's stock had a trading volume of 1,957,819 shares, compared to its average volume of 1,434,374. The company has a market cap of $22.64 billion, a price-to-earnings ratio of 13.96, a price-to-earnings-growth ratio of 2.62 and a beta of 1.50. The business has a fifty day moving average of $44.57 and a 200 day moving average of $74.41. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22. Ryanair Holdings plc has a 1 year low of $36.96 and a 1 year high of $60.29.

Ryanair (NASDAQ:RYAAY - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The transportation company reported $2.82 EPS for the quarter, missing analysts' consensus estimates of $2.91 by ($0.09). The business had revenue of $5.57 billion for the quarter, compared to analyst estimates of $5.59 billion. Ryanair had a return on equity of 19.92% and a net margin of 11.38%. During the same quarter in the previous year, the business posted $2.88 earnings per share. As a group, analysts forecast that Ryanair Holdings plc will post 2.97 earnings per share for the current fiscal year.

Ryanair Announces Dividend

The business also recently announced a -- dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 17th will be given a $0.4677 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a yield of 4.2%. Ryanair's payout ratio is 33.33%.

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.