Virtu Financial LLC Boosts Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Virtu Financial LLC raised its stake in Ryanair Holdings plc (NASDAQ:RYAAY) by 9.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,080 shares of the transportation company’s stock after acquiring an additional 509 shares during the quarter. Virtu Financial LLC’s holdings in Ryanair were worth $275,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of Ryanair by 0.8% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 25,237 shares of the transportation company’s stock worth $2,939,000 after acquiring an additional 212 shares during the period. Signature Estate & Investment Advisors LLC bought a new position in Ryanair during the second quarter worth about $229,000. Hosking Partners LLP increased its stake in shares of Ryanair by 12.4% in the second quarter. Hosking Partners LLP now owns 263,364 shares of the transportation company’s stock worth $30,666,000 after purchasing an additional 29,027 shares in the last quarter. Ridgewood Investments LLC bought a new stake in shares of Ryanair in the second quarter valued at approximately $50,000. Finally, Cortland Associates Inc. MO lifted its stake in shares of Ryanair by 0.3% during the 2nd quarter. Cortland Associates Inc. MO now owns 181,756 shares of the transportation company’s stock valued at $21,164,000 after buying an additional 582 shares in the last quarter. 43.66% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Sanford C. Bernstein lowered their target price on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. Finally, StockNews.com raised Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, November 14th. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and four have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $154.67.

Ryanair Price Performance

Ryanair stock opened at $45.43 on Wednesday. The business has a 50-day simple moving average of $44.89 and a 200 day simple moving average of $84.45. Ryanair Holdings plc has a 52 week low of $36.96 and a 52 week high of $60.29. The stock has a market cap of $24.62 billion, a price-to-earnings ratio of 15.14, a PEG ratio of 2.62 and a beta of 1.51. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings data 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 company had revenue of $5.57 billion during the quarter, compared to the consensus estimate of $5.59 billion. During the same quarter last year, the company posted $2.88 earnings per share. On average, research analysts forecast that Ryanair Holdings plc will post 2.97 earnings per share for the current fiscal year.

Ryanair Dividend Announcement

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

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.