Ryanair Holdings plc (NASDAQ:RYAAY) Stock Position Boosted by Silchester International Investors LLP

Silchester International Investors LLP raised its holdings in Ryanair Holdings plc (NASDAQ:RYAAY) by 207.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 110,672 shares of the transportation company’s stock after buying an additional 74,700 shares during the period. Ryanair comprises about 0.7% of Silchester International Investors LLP’s holdings, making the stock its 4th largest position. Silchester International Investors LLP’s holdings in Ryanair were worth $5,000,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Diversified Trust Co lifted its position in shares of Ryanair by 1.5% during the 1st quarter. Diversified Trust Co now owns 23,578 shares of the transportation company’s stock worth $3,433,000 after buying an additional 356 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in Ryanair by 11.8% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,286 shares of the transportation company’s stock worth $1,934,000 after buying an additional 1,403 shares during the period. BNP Paribas Financial Markets lifted its stake in Ryanair by 231.0% in the first quarter. BNP Paribas Financial Markets now owns 4,713 shares of the transportation company’s stock valued at $686,000 after buying an additional 3,289 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in shares of Ryanair by 2.7% in the first quarter. Janney Montgomery Scott LLC now owns 8,876 shares of the transportation company’s stock valued at $1,292,000 after acquiring an additional 232 shares during the period. Finally, Callan Capital LLC purchased a new position in shares of Ryanair during the first quarter worth approximately $200,000. 43.66% of the stock is owned by hedge funds and other institutional investors.

Ryanair Price Performance

NASDAQ:RYAAY traded up $0.47 during mid-day trading on Friday, hitting $45.06. 907,679 shares of the company’s stock traded hands, compared to its average volume of 1,624,243. Ryanair Holdings plc has a 1 year low of $34.87 and a 1 year high of $60.29. The company has a market cap of $10.17 billion, a PE ratio of 4.94, a price-to-earnings-growth ratio of 2.63 and a beta of 1.54. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.93 and a current ratio of 0.93. The firm’s 50 day simple moving average is $84.81 and its 200 day simple moving average is $108.42.

Ryanair Cuts Dividend

The company also recently announced a Variable dividend, which was paid on Thursday, September 26th. Shareholders of record on Friday, August 9th were paid a $0.692 dividend. The ex-dividend date was Friday, September 13th. This represents a yield of 1.8%. Ryanair’s payout ratio is currently 11.29%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on RYAAY. Sanford C. Bernstein reduced their target price on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a report on Thursday, August 29th. Barclays raised Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday. The Goldman Sachs Group upgraded Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. Citigroup upgraded Ryanair to a “strong-buy” rating in a research note on Friday, August 2nd. Finally, HSBC cut shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, July 12th. Six equities research analysts have rated the stock with a hold rating, two have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat.com, Ryanair currently has a consensus rating of “Moderate Buy” and an average price target of $154.67.

Ryanair 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.