Ryanair Holdings plc (NASDAQ:RYAAY) Shares Purchased by Trinity Street Asset Management LLP

Trinity Street Asset Management LLP lifted its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 6.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,980,848 shares of the transportation company's stock after purchasing an additional 225,098 shares during the period. Ryanair makes up about 17.0% of Trinity Street Asset Management LLP's holdings, making the stock its 4th biggest position. Trinity Street Asset Management LLP owned 0.74% of Ryanair worth $173,525,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of RYAAY. Massachusetts Financial Services Co. MA boosted its stake in Ryanair by 188.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 27,263,436 shares of the transportation company's stock worth $1,231,762,000 after purchasing an additional 17,810,361 shares during the period. Baillie Gifford & Co. boosted its position 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 worth $1,063,939,000 after buying an additional 15,008,023 shares during the period. FMR LLC raised its position in Ryanair by 35.3% during the third quarter. FMR LLC now owns 8,734,646 shares of the transportation company's stock valued at $394,631,000 after buying an additional 2,279,679 shares during the period. Janus Henderson Group PLC lifted its stake in Ryanair by 169.7% in the 3rd quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company's stock worth $284,893,000 after acquiring an additional 3,967,436 shares in the last quarter. Finally, Metropolis Capital Ltd boosted its position in Ryanair by 177.4% during the 3rd quarter. Metropolis Capital Ltd now owns 4,006,107 shares of the transportation company's stock worth $180,996,000 after acquiring an additional 2,562,066 shares during the period. 43.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. 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 upgraded Ryanair from an "equal weight" rating to an "overweight" rating in a research note on Friday, October 25th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, Ryanair presently has an average rating of "Moderate Buy" and a consensus target price of $151.00.

Ryanair Stock Performance

NASDAQ:RYAAY traded up $0.11 during mid-day trading on Friday, hitting $41.65. 1,187,910 shares of the company's stock traded hands, compared to its average volume of 843,023. The firm has a market capitalization of $22.51 billion, a price-to-earnings ratio of 13.88, a price-to-earnings-growth ratio of 1.92 and a beta of 1.50. The firm has a 50 day moving average of $44.23 and a two-hundred day moving average of $72.66. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22. Ryanair Holdings plc has a 12 month low of $36.96 and a 12 month high of $60.29.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its earnings results on Monday, November 4th. The transportation company reported $2.82 EPS for the quarter, missing the consensus estimate of $2.91 by ($0.09). The company had revenue of $5.57 billion for the quarter, compared to analyst estimates of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same quarter in the previous year, the company earned $2.88 earnings per share. On average, equities analysts forecast that Ryanair Holdings plc will post 2.96 earnings per share for the current fiscal year.

Ryanair Dividend Announcement

The company also recently announced a -- dividend, which will be paid on Monday, March 10th. Investors 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 dividend payout ratio (DPR) is currently 34.67%.

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.