Ryanair Holdings plc (NASDAQ:RYAAY) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC lifted its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 171.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 656,244 shares of the transportation company’s stock after buying an additional 414,595 shares during the quarter. Geode Capital Management LLC owned approximately 0.12% of Ryanair worth $29,649,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Paradigm Asset Management Co. LLC raised its position in 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 acquiring an additional 350 shares during the period. Signaturefd LLC increased its stake in shares of Ryanair by 153.1% during the third quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock worth $40,000 after purchasing an additional 539 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Ryanair by 261.5% during the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock worth $40,000 after purchasing an additional 646 shares during the last quarter. Fortitude Family Office LLC purchased a new position in Ryanair in the 3rd quarter valued at about $57,000. Finally, Mather Group LLC. boosted its holdings in Ryanair by 151.8% in the 3rd quarter. Mather Group LLC. now owns 1,629 shares of the transportation company’s stock worth $74,000 after buying an additional 982 shares during the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Stock Down 0.7 %

Shares of RYAAY opened at $43.92 on Friday. The stock has a fifty day simple moving average of $44.91 and a two-hundred day simple moving average of $81.13. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $23.81 billion, a PE ratio of 14.64, a price-to-earnings-growth ratio of 2.62 and a beta of 1.51. Ryanair Holdings plc has a 52-week low of $36.96 and a 52-week high of $60.29.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Monday, November 4th. The transportation company reported $2.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.91 by ($0.09). The firm had revenue of $5.57 billion for the quarter, compared to analyst estimates of $5.59 billion. Ryanair had a return on equity of 19.92% and a net margin of 11.38%. During the same quarter in the previous year, the business posted $2.88 earnings per share. As a group, equities analysts forecast that Ryanair Holdings plc will post 2.97 EPS for the current year.

Ryanair Announces Dividend

The firm also recently declared a — dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, January 17th will be paid a $0.4677 dividend. This represents a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, January 17th. Ryanair’s dividend payout ratio (DPR) is presently 33.33%.

Analysts Set New Price Targets

Several research firms have recently weighed in on RYAAY. StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, November 14th. Sanford C. Bernstein decreased their price objective on Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. Finally, UBS Group raised shares of Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $151.00.

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.