6,741 Shares in Ryanair Holdings plc (NASDAQ:RYAAY) Bought by Park Avenue Securities LLC

Park Avenue Securities LLC acquired a new position in Ryanair Holdings plc (NASDAQ:RYAAY) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 6,741 shares of the transportation company’s stock, valued at approximately $294,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in RYAAY. Paradigm Asset Management Co. LLC lifted its holdings in Ryanair by 87.5% in 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 last quarter. GAMMA Investing LLC lifted its holdings in shares of Ryanair by 261.5% during the third quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock valued at $40,000 after purchasing an additional 646 shares during the last quarter. Signaturefd LLC increased its position in shares of Ryanair by 153.1% in the third quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock worth $40,000 after acquiring an additional 539 shares in the last quarter. TD Private Client Wealth LLC raised its stake in Ryanair by 148.6% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company’s stock valued at $54,000 after purchasing an additional 709 shares during the period. Finally, Fortitude Family Office LLC acquired a new stake in Ryanair during the 3rd quarter worth about $57,000. Institutional investors own 43.66% of the company’s stock.

Ryanair Stock Performance

Shares of RYAAY stock opened at $46.14 on Friday. The stock has a 50-day moving average of $44.13 and a 200-day moving average of $70.40. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $60.29. The stock has a market cap of $24.94 billion, a PE ratio of 15.38, a price-to-earnings-growth ratio of 1.97 and a beta of 1.50. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.81 and a quick ratio of 0.81.

Ryanair (NASDAQ:RYAAY) last posted its earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing the consensus estimate of $2.91 by ($0.09). Ryanair had a return on equity of 19.92% and a net margin of 11.38%. The firm had revenue of $5.57 billion during the quarter, compared to analyst estimates of $5.59 billion. During the same quarter last year, the business posted $2.88 earnings per share. As a group, sell-side analysts expect that Ryanair Holdings plc will post 2.96 earnings per share for the current year.

Ryanair Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts have commented on RYAAY shares. StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. Finally, Barclays raised shares of 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 given a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus 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.