Sumitomo Mitsui DS Asset Management Company Ltd Has $994,000 Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Sumitomo Mitsui DS Asset Management Company Ltd decreased its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 21.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,795 shares of the transportation company's stock after selling 6,100 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in Ryanair were worth $994,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of RYAAY. Massachusetts Financial Services Co. MA increased its position in shares of Ryanair by 188.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 27,263,436 shares of the transportation company's stock worth $1,231,762,000 after acquiring an additional 17,810,361 shares in the last quarter. Baillie Gifford & Co. boosted its stake in shares of Ryanair by 175.7% in the third quarter. Baillie Gifford & Co. now owns 23,548,902 shares of the transportation company's stock valued at $1,063,939,000 after purchasing an additional 15,008,023 shares during the period. FMR LLC boosted its stake in shares of Ryanair by 35.3% in the third quarter. FMR LLC now owns 8,734,646 shares of the transportation company's stock valued at $394,631,000 after purchasing an additional 2,279,679 shares during the period. Janus Henderson Group PLC boosted its stake in shares of Ryanair by 169.7% in the third quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company's stock valued at $284,893,000 after purchasing an additional 3,967,436 shares during the period. Finally, Metropolis Capital Ltd boosted its stake in shares of Ryanair by 14.7% in the fourth quarter. Metropolis Capital Ltd now owns 4,593,130 shares of the transportation company's stock valued at $200,215,000 after purchasing an additional 587,023 shares during the period. Institutional investors and hedge funds own 43.66% of the company's stock.

Ryanair Price Performance

Ryanair stock traded down $0.31 during trading hours on Friday, hitting $45.34. 2,039,946 shares of the company traded hands, compared to its average volume of 1,237,142. The firm has a market cap of $24.51 billion, a P/E ratio of 13.90, a P/E/G ratio of 2.07 and a beta of 1.50. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. The firm's 50-day simple moving average is $44.74 and its two-hundred day simple moving average is $63.74. 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 released its earnings results on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. As a group, analysts forecast that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

Ryanair Announces Dividend

The firm also recently disclosed a -- dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, January 17th will be given 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 dividend payout ratio (DPR) is 30.66%.

Analysts Set New Price Targets

RYAAY has been the subject of several analyst reports. StockNews.com downgraded shares of Ryanair from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. Barclays upgraded shares of Ryanair from an "equal weight" rating to an "overweight" rating in a research report on Friday, October 25th. Finally, UBS Group upgraded shares of Ryanair from a "hold" rating to a "strong-buy" rating in a research report on Monday, November 11th. Five 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 stock. According to MarketBeat, Ryanair has an average 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.