Ryanair Holdings plc (NASDAQ:RYAAY) Shares Acquired by Perpetual Ltd

Perpetual Ltd boosted its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 539.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 988,490 shares of the transportation company’s stock after purchasing an additional 833,988 shares during the quarter. Perpetual Ltd owned approximately 0.18% of Ryanair worth $43,088,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in RYAAY. Paradigm Asset Management Co. LLC increased 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 valued at $34,000 after purchasing an additional 350 shares during the period. Virtu Financial LLC increased its stake in Ryanair by 9.1% during the 3rd quarter. Virtu Financial LLC now owns 6,080 shares of the transportation company’s stock valued at $275,000 after buying an additional 509 shares during the period. Signaturefd LLC raised its position in shares of Ryanair by 153.1% during the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock worth $40,000 after buying an additional 539 shares in the last quarter. Pinnacle Bancorp Inc. lifted its stake in shares of Ryanair by 150.0% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock worth $47,000 after acquiring an additional 645 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in shares of Ryanair by 261.5% in the third quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 646 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Ryanair Stock Up 0.3 %

Shares of NASDAQ:RYAAY opened at $41.65 on Tuesday. The firm has a 50 day simple moving average of $44.23 and a 200 day simple moving average of $72.34. Ryanair Holdings plc has a 52 week low of $36.96 and a 52 week high of $60.29. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market cap of $22.51 billion, a PE ratio of 13.88, a price-to-earnings-growth ratio of 1.86 and a beta of 1.50.

Ryanair (NASDAQ:RYAAY) last released 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 business had revenue of $5.57 billion during the quarter, compared to analysts’ expectations of $5.59 billion. During the same quarter in the previous year, the company earned $2.88 EPS. As a group, research analysts expect that Ryanair Holdings plc will post 2.96 earnings per share for the current year.

Ryanair Announces Dividend

The firm also recently disclosed 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 presently 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.