Ryanair (NASDAQ:RYAAY) Downgraded by StockNews.com to Hold

StockNews.com lowered shares of Ryanair (NASDAQ:RYAAY) from a buy rating to a hold rating in a research report sent to investors on Thursday.

A number of other analysts also recently weighed in on RYAAY. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. UBS Group raised shares of Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Five analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $151.00.

Ryanair Stock Down 0.1 %

RYAAY stock opened at $46.84 on Thursday. Ryanair has a fifty-two week low of $36.96 and a fifty-two week high of $60.29. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market capitalization of $25.32 billion, a price-to-earnings ratio of 14.36, a PEG ratio of 2.09 and a beta of 1.50. The business’s fifty day moving average price is $44.63 and its two-hundred day moving average price is $66.05.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. On average, equities analysts anticipate that Ryanair will post 3.05 earnings per share for the current year.

Ryanair Dividend Announcement

The business also recently disclosed a — dividend, which will be paid on Monday, March 10th. Investors of record on Friday, January 17th will be given a dividend of $0.4677 per share. This represents a yield of 4.2%. The ex-dividend date is Friday, January 17th. Ryanair’s dividend payout ratio is 30.66%.

Institutional Investors Weigh In On Ryanair

Several hedge funds have recently modified their holdings of RYAAY. Wilmington Savings Fund Society FSB increased its position in Ryanair by 8.3% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,369 shares of the transportation company’s stock valued at $147,000 after acquiring an additional 259 shares during the period. Schechter Investment Advisors LLC grew its stake in shares of Ryanair by 2.3% in the fourth quarter. Schechter Investment Advisors LLC now owns 11,584 shares of the transportation company’s stock worth $505,000 after purchasing an additional 261 shares during the last quarter. Pacer Advisors Inc. increased its holdings in Ryanair by 14.1% in the fourth quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company’s stock valued at $95,000 after purchasing an additional 268 shares during the period. Paradigm Asset Management Co. LLC raised its position in Ryanair by 87.5% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock worth $34,000 after purchasing an additional 350 shares during the last quarter. Finally, Virtu Financial LLC raised its position in Ryanair by 9.1% during the 3rd quarter. Virtu Financial LLC now owns 6,080 shares of the transportation company’s stock worth $275,000 after purchasing an additional 509 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

About Ryanair

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.