Ryanair Holdings PLC $RYAAY Shares Acquired by Capital World Investors

Capital World Investors grew its stake in Ryanair Holdings PLC (NASDAQ:RYAAY) by 9.3% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 30,738,934 shares of the transportation company’s stock after acquiring an additional 2,626,911 shares during the period. Capital World Investors owned about 0.06% of Ryanair worth $1,851,043,000 as of its most recent filing with the SEC.

Other hedge funds have also recently made changes to their positions in the company. Capital International Investors raised its position in Ryanair by 2.7% in the third quarter. Capital International Investors now owns 37,465,187 shares of the transportation company’s stock valued at $2,250,932,000 after purchasing an additional 1,002,457 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Ryanair by 658.1% in the first quarter. Goldman Sachs Group Inc. now owns 992,245 shares of the transportation company’s stock worth $42,041,000 after acquiring an additional 861,361 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Ryanair by 23.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,800,393 shares of the transportation company’s stock valued at $161,499,000 after buying an additional 539,256 shares during the period. Baird Financial Group Inc. raised its holdings in shares of Ryanair by 43.1% in the 2nd quarter. Baird Financial Group Inc. now owns 1,423,685 shares of the transportation company’s stock valued at $82,104,000 after purchasing an additional 428,932 shares in the last quarter. Finally, HBK Investments L P acquired a new position in shares of Ryanair during the 2nd quarter worth about $24,442,000. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Price Performance

NASDAQ RYAAY opened at $63.05 on Tuesday. Ryanair Holdings PLC has a 12 month low of $38.52 and a 12 month high of $74.24. 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 company’s 50 day simple moving average is $68.26 and its 200 day simple moving average is $65.14. The firm has a market capitalization of $33.06 billion, a PE ratio of 12.66, a P/E/G ratio of 0.60 and a beta of 1.22.

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

Ryanair Dividend Announcement

The company also recently announced a special dividend, which was paid on Wednesday, March 4th. Investors of record on Friday, January 16th were issued a $0.4545 dividend. The ex-dividend date was Friday, January 16th. Ryanair’s dividend payout ratio (DPR) is 14.26%.

Analyst Upgrades and Downgrades

RYAAY has been the subject of several research reports. Zacks Research downgraded Ryanair from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. Morgan Stanley reaffirmed an “overweight” rating on shares of Ryanair in a report on Tuesday, January 27th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a research report on Thursday, January 8th. Weiss Ratings cut Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 24th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and set a $71.00 price objective on shares of Ryanair in a report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $73.50.

About Ryanair

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.