HighTower Advisors LLC Purchases 7,634 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

HighTower Advisors LLC increased its position in Ryanair Holdings plc (NASDAQ:RYAAYFree Report) by 120.6% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 13,963 shares of the transportation company’s stock after acquiring an additional 7,634 shares during the quarter. HighTower Advisors LLC’s holdings in Ryanair were worth $630,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Gallacher Capital Management LLC lifted its position in shares of Ryanair by 4.1% during the second quarter. Gallacher Capital Management LLC now owns 3,796 shares of the transportation company’s stock worth $442,000 after acquiring an additional 150 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of Ryanair by 0.8% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 25,237 shares of the transportation company’s stock valued at $2,939,000 after purchasing an additional 212 shares during the period. Paradigm Asset Management Co. LLC lifted its holdings 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 in the last quarter. Ridgewood Investments LLC bought a new position in Ryanair in the 2nd quarter worth about $50,000. Finally, Signaturefd LLC grew its holdings in Ryanair by 153.1% during the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock valued at $40,000 after buying an additional 539 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors.

Ryanair Price Performance

Shares of NASDAQ:RYAAY opened at $44.49 on Friday. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $60.29. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a market capitalization of $24.11 billion, a price-to-earnings ratio of 14.83, a PEG ratio of 2.62 and a beta of 1.51. The company’s fifty day moving average price is $44.92 and its 200-day moving average price is $83.89.

Ryanair (NASDAQ:RYAAYGet Free Report) last released its quarterly earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09). The firm had revenue of $5.57 billion for the quarter, compared to analysts’ expectations of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same quarter in the previous year, the business earned $2.88 EPS. On average, equities research analysts anticipate that Ryanair Holdings plc will post 2.97 earnings per share for the current fiscal year.

Ryanair Announces Dividend

The firm also recently declared 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. This represents a yield of 4.2%. The ex-dividend date of this dividend is Friday, January 17th. Ryanair’s payout ratio is currently 33.33%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on RYAAY. UBS Group raised shares of Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Barclays upgraded shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. Sanford C. Bernstein reduced their price target on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. Finally, StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, November 14th. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, Ryanair has a consensus rating of “Moderate Buy” and a consensus target price of $151.00.

Check Out Our Latest Stock Report on RYAAY

Ryanair Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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