Ryanair Holdings plc (NASDAQ:RYAAY) Shares Acquired by JCIC Asset Management Inc.

JCIC Asset Management Inc. increased its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 154.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 71,018 shares of the transportation company’s stock after purchasing an additional 43,098 shares during the quarter. Ryanair makes up approximately 1.3% of JCIC Asset Management Inc.’s portfolio, making the stock its 27th biggest position. JCIC Asset Management Inc.’s holdings in Ryanair were worth $3,096,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Paradigm Asset Management Co. LLC grew its holdings in shares of Ryanair by 87.5% during the third quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock worth $34,000 after buying an additional 350 shares during the last quarter. GAMMA Investing LLC raised its holdings in Ryanair by 261.5% during the third quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock worth $40,000 after purchasing an additional 646 shares in the last quarter. Signaturefd LLC lifted its position in Ryanair by 153.1% in the third quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock valued at $40,000 after purchasing an additional 539 shares during the period. TD Private Client Wealth LLC boosted its stake in shares of Ryanair by 148.6% in the third quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company’s stock valued at $54,000 after buying an additional 709 shares in the last quarter. Finally, Fortitude Family Office LLC acquired a new position in shares of Ryanair during the 3rd quarter worth $57,000. 43.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on RYAAY shares. UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. Finally, StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, November 14th. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, Ryanair presently has an average rating of “Moderate Buy” and an average price target of $151.00.

Ryanair Stock Down 2.7 %

NASDAQ:RYAAY traded down $1.14 during trading hours on Monday, hitting $41.82. 1,090,815 shares of the stock traded hands, compared to its average volume of 1,304,598. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $60.29. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22. The firm has a market cap of $22.60 billion, a price-to-earnings ratio of 13.94, a PEG ratio of 2.62 and a beta of 1.50. The firm has a 50 day moving average price of $44.62 and a 200 day moving average price of $74.93.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09). Ryanair had a net margin of 11.38% and a return on equity of 19.92%. The company had revenue of $5.57 billion for the quarter, compared to analyst estimates of $5.59 billion. During the same period last year, the business earned $2.88 EPS. Equities research analysts anticipate that Ryanair Holdings plc will post 2.97 earnings per share for the current year.

Ryanair Announces Dividend

The business also recently announced a — dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 17th will be given a dividend of $0.4677 per share. The ex-dividend date is Friday, January 17th. This represents a yield of 4.2%. Ryanair’s payout ratio is currently 33.33%.

Ryanair Company Profile

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.