Natixis Advisors LLC Increases Holdings in Ryanair Holdings PLC $RYAAY

Natixis Advisors LLC raised its holdings in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 4.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 864,851 shares of the transportation company’s stock after acquiring an additional 38,041 shares during the quarter. Natixis Advisors LLC owned approximately 0.16% of Ryanair worth $52,081,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. USA Financial Formulas purchased a new stake in Ryanair during the third quarter worth approximately $26,000. UMB Bank n.a. increased its stake in Ryanair by 1,057.4% in the third quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock valued at $33,000 after purchasing an additional 497 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in Ryanair by 250.9% during the second quarter. Parkside Financial Bank & Trust now owns 593 shares of the transportation company’s stock worth $34,000 after purchasing an additional 424 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new stake in shares of Ryanair during the 2nd quarter worth approximately $39,000. Finally, Global Retirement Partners LLC lifted 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 buying an additional 277 shares during the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on RYAAY shares. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $71.00 target price on shares of Ryanair in a research report on Tuesday, January 27th. Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a research report on Thursday, January 8th. Wall Street Zen downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. Erste Group Bank lowered Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Finally, Weiss Ratings cut Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $73.50.

Ryanair Stock Performance

Shares of Ryanair stock opened at $63.05 on Tuesday. The firm’s fifty day simple moving average is $68.26 and its 200-day simple moving average is $65.14. Ryanair Holdings PLC has a 12 month low of $38.52 and a 12 month high of $74.24. The stock has a market capitalization of $33.06 billion, a price-to-earnings ratio of 12.66, a PEG ratio of 0.60 and a beta of 1.22. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.67 and a quick ratio of 0.67.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, January 26th. The transportation company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. The firm had revenue of $3.77 billion during the quarter, compared to analysts’ expectations of $3.16 billion. Ryanair had a net margin of 15.04% and a return on equity of 29.76%. As a group, equities analysts forecast that Ryanair Holdings PLC will post 3.09 earnings per share for the current year.

Ryanair Dividend Announcement

The firm also recently announced a special dividend, which was paid on Wednesday, March 4th. Stockholders of record on Friday, January 16th were paid a dividend of $0.4545 per share. The ex-dividend date was Friday, January 16th. Ryanair’s dividend payout ratio is 14.26%.

Ryanair 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.