Cortland Associates Inc. MO Decreases Stock Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Cortland Associates Inc. MO lowered its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 701,664 shares of the transportation company's stock after selling 10,089 shares during the period. Ryanair makes up 3.5% of Cortland Associates Inc. MO's investment portfolio, making the stock its 14th biggest holding. Cortland Associates Inc. MO owned about 0.13% of Ryanair worth $30,586,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Pacer Advisors Inc. grew its holdings in shares of Ryanair by 14.1% during the fourth quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company's stock valued at $95,000 after buying an additional 268 shares during the last quarter. Paradigm Asset Management Co. LLC increased its holdings in 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. Virtu Financial LLC grew its holdings in Ryanair by 9.1% during the third quarter. Virtu Financial LLC now owns 6,080 shares of the transportation company's stock worth $275,000 after buying an additional 509 shares in the last quarter. Signaturefd LLC raised its holdings in shares of Ryanair by 153.1% in the third quarter. Signaturefd LLC now owns 891 shares of the transportation company's stock valued at $40,000 after purchasing an additional 539 shares during the last quarter. Finally, Pinnacle Bancorp Inc. grew its position in Ryanair by 150.0% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company's stock worth $47,000 after purchasing an additional 645 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Price Performance

Shares of RYAAY traded up $1.27 during midday trading on Thursday, hitting $48.06. 1,080,422 shares of the company traded hands, compared to its average volume of 1,300,998. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $60.29. The firm has a market cap of $25.97 billion, a P/E ratio of 16.08, a PEG ratio of 1.97 and a beta of 1.50. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a 50-day moving average of $44.26 and a 200-day moving average of $68.52.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, beating analysts' consensus estimates of $0.09 by $0.20. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. As a group, sell-side analysts predict that Ryanair Holdings plc will post 2.96 EPS for the current fiscal year.

Ryanair Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages recently commented on RYAAY. UBS Group upgraded Ryanair from a "hold" rating to a "strong-buy" rating in a report on Monday, November 11th. Barclays raised shares of Ryanair from an "equal weight" rating to an "overweight" rating in a report on Friday, October 25th. Finally, StockNews.com lowered shares of Ryanair from a "buy" rating to a "hold" rating in a research report on Tuesday. Five analysts have rated the stock with a hold rating, two have issued a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price 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.