Ryanair Holdings PLC $RYAAY Shares Acquired by Capital International Inc. CA

Capital International Inc. CA raised its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 3.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 1,467,028 shares of the transportation company’s stock after buying an additional 47,151 shares during the period. Capital International Inc. CA’s holdings in Ryanair were worth $88,344,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. USA Financial Formulas purchased a new stake in shares of Ryanair in the third quarter valued at $26,000. UMB Bank n.a. lifted its holdings in Ryanair by 1,057.4% in the 3rd 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 in the last quarter. Parkside Financial Bank & Trust lifted its holdings in Ryanair by 250.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 593 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 424 shares in the last quarter. Wealth Preservation Advisors LLC purchased a new position in Ryanair in the 2nd quarter valued at about $39,000. Finally, Global Retirement Partners LLC boosted its stake 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. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Morgan Stanley reissued an “overweight” rating on shares of Ryanair in a research report on Tuesday, January 27th. Sanford C. Bernstein restated a “market perform” rating and set a $71.00 target price on shares of Ryanair in a research report on Tuesday, January 27th. Erste Group Bank downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Ryanair in a research note on Thursday, January 15th. Finally, Zacks Research cut Ryanair from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $73.50.

Ryanair Stock Performance

Shares of RYAAY stock opened at $63.05 on Tuesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.67 and a current ratio of 0.67. The firm has a market capitalization of $33.06 billion, a price-to-earnings ratio of 12.66, a price-to-earnings-growth ratio of 0.60 and a beta of 1.22. Ryanair Holdings PLC has a one year low of $38.52 and a one year high of $74.24. The company has a 50 day moving average price of $68.26 and a 200 day moving average price of $65.14.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, January 26th. The transportation company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.08. The company 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%. Sell-side analysts anticipate that Ryanair Holdings PLC will post 3.09 EPS for the current year.

Ryanair Dividend Announcement

The company also recently declared a special dividend, which was paid on Wednesday, March 4th. Shareholders 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 currently 14.26%.

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.