Capula Management Ltd acquired a new stake in Ryanair Holdings PLC (NASDAQ:RYAAY – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 20,504 shares of the transportation company’s stock, valued at approximately $1,235,000.
Several other hedge funds have also recently added to or reduced their stakes in RYAAY. USA Financial Formulas purchased a new stake in shares of Ryanair in the third quarter valued at about $26,000. UMB Bank n.a. increased its stake in shares of Ryanair by 1,057.4% during the 3rd quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock worth $33,000 after purchasing an additional 497 shares in the last quarter. Wealth Preservation Advisors LLC acquired a new position in shares of Ryanair during the 2nd quarter worth approximately $39,000. Global Retirement Partners LLC raised its position in shares of Ryanair by 68.1% during the 3rd quarter. Global Retirement Partners LLC now owns 684 shares of the transportation company’s stock worth $41,000 after purchasing an additional 277 shares during the last quarter. Finally, Evelyn Partners Investment Management Services Ltd lifted its stake in Ryanair by 40.4% in the 2nd quarter. Evelyn Partners Investment Management Services Ltd now owns 702 shares of the transportation company’s stock valued at $44,000 after buying an additional 202 shares in the last quarter. 43.66% of the stock is currently owned by hedge funds and other institutional investors.
Ryanair Trading Down 0.3%
Shares of RYAAY opened at $61.29 on Friday. Ryanair Holdings PLC has a fifty-two week low of $38.52 and a fifty-two week high of $74.24. The company has a market capitalization of $32.13 billion, a PE ratio of 12.31, a price-to-earnings-growth ratio of 0.58 and a beta of 1.22. The stock has a fifty day moving average of $67.47 and a two-hundred day moving average of $65.05. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.67 and a current ratio of 0.67.
Ryanair Announces Dividend
The firm also recently declared a special dividend, which was paid on Wednesday, March 4th. Shareholders of record on Friday, January 16th were paid a $0.4545 dividend. The ex-dividend date of this dividend was Friday, January 16th. Ryanair’s dividend payout ratio (DPR) is presently 14.26%.
Wall Street Analysts Forecast Growth
RYAAY has been the topic of a number of analyst reports. Weiss Ratings cut Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 24th. Erste Group Bank downgraded Ryanair from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $71.00 price objective on shares of Ryanair in a research note on Tuesday, January 27th. Morgan Stanley reiterated an “overweight” rating on shares of Ryanair in a research report on Tuesday, January 27th. Finally, Wall Street Zen downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $75.67.
Get Our Latest Stock Report on Ryanair
Ryanair Company Profile
Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.
The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.
Recommended Stories
- Five stocks we like better than Ryanair
- The gold chart Wall Street is terrified of…
- Elon Musk already made me a “wealthy man”
- Silver paying 20% dividend. Plus 68% share gains
- Unlocked: Elon Musk’s Next Big IPO
- A personal warning from Martin Weiss (Please read)
Want to see what other hedge funds are holding RYAAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ryanair Holdings PLC (NASDAQ:RYAAY – Free Report).
Receive News & Ratings for Ryanair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryanair and related companies with MarketBeat.com's FREE daily email newsletter.
