Universal Beteiligungs und Servicegesellschaft mbH Has $36.68 Million Holdings in Ryan Specialty Holdings Inc. $RYAN

Universal Beteiligungs und Servicegesellschaft mbH grew its stake in Ryan Specialty Holdings Inc. (NYSE:RYAN) by 20.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 650,796 shares of the company’s stock after purchasing an additional 110,207 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.25% of Ryan Specialty worth $36,679,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Golden State Wealth Management LLC grew its position in Ryan Specialty by 10,975.0% during the second quarter. Golden State Wealth Management LLC now owns 443 shares of the company’s stock worth $30,000 after buying an additional 439 shares in the last quarter. MAI Capital Management lifted its position in shares of Ryan Specialty by 65.3% in the 2nd quarter. MAI Capital Management now owns 476 shares of the company’s stock worth $32,000 after acquiring an additional 188 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of Ryan Specialty in the 2nd quarter worth approximately $56,000. State of Wyoming acquired a new stake in shares of Ryan Specialty during the 2nd quarter worth approximately $62,000. Finally, AlphaQuest LLC increased its position in shares of Ryan Specialty by 2,138.6% during the second quarter. AlphaQuest LLC now owns 3,134 shares of the company’s stock valued at $213,000 after purchasing an additional 2,994 shares during the period. Institutional investors and hedge funds own 84.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on RYAN. Mizuho set a $60.00 target price on Ryan Specialty in a research report on Wednesday, January 14th. Morgan Stanley set a $61.00 price objective on shares of Ryan Specialty in a report on Tuesday, December 16th. Keefe, Bruyette & Woods lowered their target price on shares of Ryan Specialty from $73.00 to $65.00 and set an “outperform” rating on the stock in a research note on Monday, November 3rd. JPMorgan Chase & Co. dropped their price target on shares of Ryan Specialty from $63.00 to $56.00 and set an “underweight” rating for the company in a research report on Wednesday, January 7th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Ryan Specialty in a report on Wednesday, November 26th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $64.19.

Ryan Specialty Trading Down 3.9%

Shares of Ryan Specialty stock opened at $50.17 on Thursday. Ryan Specialty Holdings Inc. has a 12-month low of $48.90 and a 12-month high of $77.16. The stock has a market capitalization of $13.23 billion, a P/E ratio of 109.06, a price-to-earnings-growth ratio of 1.32 and a beta of 0.63. The company has a 50-day simple moving average of $53.72 and a 200 day simple moving average of $56.20. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 2.72.

Ryan Specialty (NYSE:RYAN) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. Ryan Specialty had a net margin of 7.61% and a return on equity of 47.93%. The firm had revenue of $754.58 million for the quarter, compared to analysts’ expectations of $742.35 million. During the same period in the prior year, the firm earned $0.41 earnings per share. The company’s quarterly revenue was up 24.8% compared to the same quarter last year. Research analysts expect that Ryan Specialty Holdings Inc. will post 2.29 earnings per share for the current fiscal year.

Ryan Specialty Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 25th. Shareholders of record on Tuesday, November 11th were given a $0.12 dividend. The ex-dividend date was Monday, November 10th. This represents a $0.48 annualized dividend and a yield of 1.0%. Ryan Specialty’s payout ratio is presently 104.35%.

Insider Buying and Selling

In other Ryan Specialty news, CEO Timothy William Turner sold 129,570 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $53.61, for a total value of $6,946,247.70. Following the transaction, the chief executive officer owned 12,553 shares of the company’s stock, valued at approximately $672,966.33. The trade was a 91.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 52.21% of the company’s stock.

Ryan Specialty Profile

Ryan Specialty Group, Inc (NYSE: RYAN) is a global specialty insurance and reinsurance platform that partners with a network of insurers and reinsurers to deliver tailored risk solutions. The company focuses on complex and large-scale risks across multiple industry sectors, leveraging its underwriting expertise to structure coverage programs that meet clients’ unique needs.

Ryan Specialty’s core offerings span a diverse range of specialty lines, including casualty, property, professional liability, marine and energy, program administration, and sports and entertainment.