Sanctuary Advisors LLC lifted its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 171.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 41,708 shares of the transportation company's stock after acquiring an additional 26,349 shares during the quarter. Sanctuary Advisors LLC's holdings in Ryanair were worth $1,793,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ridgewood Investments LLC bought a new stake in Ryanair during the 2nd quarter valued at approximately $50,000. Paradigm Asset Management Co. LLC boosted its position in shares of Ryanair by 87.5% during the third 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 in the last quarter. Signaturefd LLC grew its stake in Ryanair by 153.1% in the third quarter. Signaturefd LLC now owns 891 shares of the transportation company's stock worth $40,000 after purchasing an additional 539 shares during the period. GAMMA Investing LLC raised its holdings in Ryanair by 261.5% in the third quarter. GAMMA Investing LLC now owns 893 shares of the transportation company's stock worth $40,000 after purchasing an additional 646 shares in the last quarter. Finally, TD Private Client Wealth LLC lifted its position in Ryanair by 148.6% during the third 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. Hedge funds and other institutional investors own 43.66% of the company's stock.
Analysts Set New Price Targets
RYAAY has been the subject of several research reports. Sanford C. Bernstein decreased their price target on shares of Ryanair from $149.00 to $147.00 and set an "outperform" rating for the company in a research note on Thursday, August 29th. Barclays raised shares of Ryanair from an "equal weight" rating to an "overweight" rating in a research note on Friday, October 25th. UBS Group raised Ryanair from a "hold" rating to a "strong-buy" rating in a research report on Monday, November 11th. Finally, StockNews.com raised Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, November 14th. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Ryanair presently has a consensus rating of "Moderate Buy" and an average target price of $151.00.
Get Our Latest Stock Analysis on RYAAY
Ryanair Stock Up 0.5 %
Shares of RYAAY stock traded up $0.21 during mid-day trading on Friday, hitting $44.70. The company's stock had a trading volume of 1,081,124 shares, compared to its average volume of 1,569,660. The stock has a market cap of $24.23 billion, a price-to-earnings 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 quick ratio of 0.81 and a current ratio of 0.81. Ryanair Holdings plc has a 52-week low of $36.96 and a 52-week high of $60.29. The business has a 50-day moving average price of $44.92 and a 200 day moving average price of $83.89.
Ryanair (NASDAQ:RYAAY - Get Free Report) last issued its earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing analysts' consensus estimates of $2.91 by ($0.09). The business had revenue of $5.57 billion during the quarter, compared to analysts' expectations of $5.59 billion. Ryanair had a return on equity of 19.92% and a net margin of 11.38%. During the same period last year, the firm posted $2.88 EPS. Research analysts predict that Ryanair Holdings plc will post 2.97 EPS for the current fiscal year.
Ryanair Announces Dividend
The company 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 is Friday, January 17th. This represents a yield of 4.2%. Ryanair's payout ratio is 33.33%.
Ryanair Company Profile
(
Free Report)
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.
Recommended Stories
Before you consider Ryanair, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ryanair wasn't on the list.
While Ryanair currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.