Metropolis Capital Ltd Has $281.94 Million Holdings in Ryanair Holdings PLC $RYAAY

Metropolis Capital Ltd cut its holdings in Ryanair Holdings PLC (NASDAQ:RYAAY) by 2.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,681,834 shares of the transportation company’s stock after selling 108,397 shares during the quarter. Ryanair comprises about 8.9% of Metropolis Capital Ltd’s investment portfolio, making the stock its 4th biggest holding. Metropolis Capital Ltd owned 0.89% of Ryanair worth $281,940,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. USA Financial Formulas bought a new stake in shares of Ryanair in the 3rd quarter worth approximately $26,000. Financial Management Professionals Inc. acquired a new position in Ryanair in the second quarter worth approximately $31,000. Parkside Financial Bank & Trust increased its holdings in shares of Ryanair by 250.9% in the second quarter. Parkside Financial Bank & Trust now owns 593 shares of the transportation company’s stock valued at $34,000 after buying an additional 424 shares in the last quarter. Wealth Preservation Advisors LLC acquired a new stake in shares of Ryanair during the 2nd quarter valued at $39,000. Finally, Evelyn Partners Investment Management Services Ltd boosted its stake in shares of Ryanair by 40.4% during the 2nd quarter. Evelyn Partners Investment Management Services Ltd now owns 702 shares of the transportation company’s stock worth $44,000 after acquiring an additional 202 shares in the last quarter. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Trading Down 1.3%

NASDAQ:RYAAY opened at $72.73 on Tuesday. The stock has a market cap of $38.23 billion, a PE ratio of 13.99, a price-to-earnings-growth ratio of 0.76 and a beta of 1.26. Ryanair Holdings PLC has a fifty-two week low of $38.52 and a fifty-two week high of $73.92. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.71 and a quick ratio of 0.71. The stock’s 50-day moving average is $66.14 and its two-hundred day moving average is $62.34.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings results on Monday, November 3rd. The transportation company reported $3.76 EPS for the quarter, topping the consensus estimate of $3.62 by $0.14. The business had revenue of $6.41 billion during the quarter, compared to analysts’ expectations of $5.44 billion. Ryanair had a net margin of 16.29% and a return on equity of 31.32%. As a group, equities research analysts forecast that Ryanair Holdings PLC will post 3.09 earnings per share for the current fiscal year.

Ryanair Dividend Announcement

The business also recently declared a special dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Friday, January 16th will be paid a $0.4545 dividend. The ex-dividend date of this dividend is Friday, January 16th. Ryanair’s dividend payout ratio is 13.85%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on RYAAY. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryanair in a report on Monday, December 15th. Sanford C. Bernstein lowered shares of Ryanair from an “outperform” rating to a “market perform” rating in a research note on Tuesday, November 4th. Citigroup reiterated a “buy” rating on shares of Ryanair in a report on Thursday, October 23rd. Zacks Research lowered shares of Ryanair from a “strong-buy” rating to a “hold” rating in a report on Monday, September 22nd. Finally, The Goldman Sachs Group lowered shares of Ryanair from a “buy” rating to a “neutral” rating in a research note on Monday, September 8th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Ryanair presently has an average rating of “Moderate Buy” and a consensus price target of $76.00.

About Ryanair

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.