Ryanair Holdings PLC $RYAAY Shares Bought by Silchester International Investors LLP

Silchester International Investors LLP raised its holdings in Ryanair Holdings PLC (NASDAQ:RYAAY) by 15.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 118,057 shares of the transportation company’s stock after purchasing an additional 15,602 shares during the period. Ryanair accounts for approximately 12.3% of Silchester International Investors LLP’s portfolio, making the stock its 2nd largest holding. Silchester International Investors LLP’s holdings in Ryanair were worth $7,644,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. CIBC Private Wealth Group LLC increased its stake in shares of Ryanair by 280.6% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock worth $28,000 after purchasing an additional 348 shares in the last quarter. Pin Oak Investment Advisors Inc. lifted its stake in Ryanair by 76.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock valued at $29,000 after buying an additional 209 shares in the last quarter. Brown Brothers Harriman & Co. lifted its stake in Ryanair by 2,929.4% in the 4th quarter. Brown Brothers Harriman & Co. now owns 515 shares of the transportation company’s stock valued at $37,000 after buying an additional 498 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in Ryanair by 39.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 584 shares of the transportation company’s stock valued at $42,000 after buying an additional 165 shares during the last quarter. Finally, Larson Financial Group LLC increased its position in Ryanair by 64.9% during the fourth quarter. Larson Financial Group LLC now owns 653 shares of the transportation company’s stock worth $47,000 after buying an additional 257 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Ryanair

In other Ryanair news, CEO Eddie Joseph Wilson sold 21,080 shares of the business’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total transaction of $548,290.80. Following the completion of the sale, the chief executive officer owned 132,526 shares of the company’s stock, valued at approximately $3,447,001.26. The trade was a 13.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Andreas Gruber sold 13,467 shares of the company’s stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $350,276.67. Following the sale, the chief executive officer owned 20,858 shares of the company’s stock, valued at $542,516.58. This represents a 39.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 126,607 shares of company stock valued at $3,386,997 in the last ninety days.

Ryanair Stock Performance

Ryanair stock opened at $60.19 on Wednesday. Ryanair Holdings PLC has a 1 year low of $53.14 and a 1 year high of $74.24. The firm has a 50 day moving average price of $61.30 and a 200 day moving average price of $61.99. The company has a market cap of $31.27 billion, a price-to-earnings ratio of 14.47, a PEG ratio of 1.89 and a beta of 1.16.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings results on Friday, July 17th. The transportation company reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.18). The company had revenue of $5 billion for the quarter, compared to analysts’ expectations of $5.06 billion. Ryanair had a return on equity of 21.23% and a net margin of 12.14%. Sell-side analysts predict that Ryanair Holdings PLC will post 3.95 EPS for the current year.

Ryanair Announces Dividend

The company also recently announced a special dividend, which will be paid on Monday, September 28th. Investors of record on Friday, August 7th will be given a $0.4434 dividend. The ex-dividend date of this dividend is Friday, August 7th. Ryanair’s dividend payout ratio (DPR) is 17.07%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a report on Tuesday, May 19th. Zacks Research upgraded Ryanair from a “strong sell” rating to a “hold” rating in a research report on Friday, July 17th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Ryanair in a research report on Tuesday, July 21st. Citigroup reissued a “buy” rating on shares of Ryanair in a research note on Wednesday, July 1st. Finally, Morgan Stanley restated an “overweight” rating on shares of Ryanair in a report on Monday, June 22nd. Six analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Ryanair currently has a consensus rating of “Moderate Buy” and a consensus price target of $79.50.

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.