Rhumbline Advisers Decreases Stock Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Rhumbline Advisers lessened its stake in Ryanair Holdings plc (NASDAQ:RYAAY) by 22.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,402 shares of the transportation company’s stock after selling 1,278 shares during the quarter. Rhumbline Advisers’ holdings in Ryanair were worth $192,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC raised its position in shares of Ryanair by 13.5% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,112 shares of the transportation company’s stock valued at $321,000 after purchasing an additional 848 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Ryanair by 149.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 19,055 shares of the transportation company’s stock valued at $861,000 after purchasing an additional 11,404 shares in the last quarter. Verdence Capital Advisors LLC raised its position in shares of Ryanair by 139.1% in the 3rd quarter. Verdence Capital Advisors LLC now owns 16,812 shares of the transportation company’s stock valued at $760,000 after purchasing an additional 9,780 shares in the last quarter. Assetmark Inc. raised its position in shares of Ryanair by 162.5% in the 3rd quarter. Assetmark Inc. now owns 61,952 shares of the transportation company’s stock valued at $2,799,000 after purchasing an additional 38,351 shares in the last quarter. Finally, Crossmark Global Holdings Inc. raised its position in shares of Ryanair by 381.2% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 32,037 shares of the transportation company’s stock valued at $1,448,000 after purchasing an additional 25,379 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on RYAAY shares. StockNews.com lowered Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. UBS Group raised Ryanair from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th. Five investment 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 stock. Based on data from MarketBeat.com, Ryanair currently has an average rating of “Moderate Buy” and a consensus target price of $151.00.

Ryanair Trading Down 2.5 %

NASDAQ RYAAY opened at $47.15 on Tuesday. Ryanair Holdings plc has a twelve month low of $36.96 and a twelve month high of $60.29. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a market cap of $25.48 billion, a price-to-earnings ratio of 14.45, a PEG ratio of 2.01 and a beta of 1.46. The firm’s 50 day moving average price is $45.37 and its two-hundred day moving average price is $57.07.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. Equities analysts anticipate that Ryanair Holdings plc will post 3.09 EPS for the current year.

Ryanair Dividend Announcement

The company also recently announced a — dividend, which was paid on Monday, March 10th. Investors of record on Friday, January 17th were issued a $0.4677 dividend. The ex-dividend date was Friday, January 17th. This represents a yield of 4.2%. Ryanair’s dividend payout ratio (DPR) is presently 30.37%.

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.