Ryanair Holdings PLC $RYAAY Shares Sold by Rothschild & Co Wealth Management UK Ltd

Rothschild & Co Wealth Management UK Ltd lowered its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 93.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 147,074 shares of the transportation company’s stock after selling 2,219,785 shares during the period. Ryanair accounts for approximately 0.1% of Rothschild & Co Wealth Management UK Ltd’s portfolio, making the stock its 18th biggest holding. Rothschild & Co Wealth Management UK Ltd’s holdings in Ryanair were worth $8,857,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. USA Financial Formulas acquired a new stake in Ryanair during the third quarter worth about $26,000. UMB Bank n.a. increased its position in Ryanair by 1,057.4% during the 3rd quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock worth $33,000 after purchasing an additional 497 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in Ryanair by 250.9% in the second quarter. Parkside Financial Bank & Trust now owns 593 shares of the transportation company’s stock valued at $34,000 after buying an additional 424 shares during the period. Wealth Preservation Advisors LLC acquired a new position in Ryanair during the second quarter valued at approximately $39,000. Finally, Global Retirement Partners LLC lifted its position in Ryanair by 68.1% during the third quarter. Global Retirement Partners LLC now owns 684 shares of the transportation company’s stock valued at $41,000 after buying an additional 277 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on RYAAY shares. Erste Group Bank downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Wednesday. Wall Street Zen downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Sunday, January 25th. Weiss Ratings reissued a “buy (b-)” rating on shares of Ryanair in a research report on Monday, December 29th. Morgan Stanley reaffirmed an “overweight” rating on shares of Ryanair in a research report on Tuesday, January 27th. Finally, Zacks Research upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ryanair currently has an average rating of “Moderate Buy” and an average target price of $73.50.

Ryanair Stock Performance

NASDAQ:RYAAY opened at $66.00 on Thursday. The firm has a 50-day moving average of $70.09 and a two-hundred day moving average of $65.14. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.67 and a quick ratio of 0.67. The stock has a market cap of $34.65 billion, a P/E ratio of 13.25, a PEG ratio of 0.63 and a beta of 1.23. Ryanair Holdings PLC has a 1-year low of $38.52 and a 1-year high of $74.24.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings results on Monday, January 26th. The transportation company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.18 by $0.08. The business had revenue of $3.77 billion for the quarter, compared to analysts’ expectations of $3.16 billion. Ryanair had a return on equity of 29.76% and a net margin of 15.04%. On average, research analysts expect that Ryanair Holdings PLC will post 3.09 earnings per share for the current fiscal year.

Ryanair Dividend Announcement

The firm also recently announced a special dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Friday, January 16th will be paid a dividend of $0.4545 per share. The ex-dividend date is Friday, January 16th. Ryanair’s dividend payout ratio is 14.26%.

Ryanair Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.