Sanctuary Advisors LLC Buys 26,349 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Sanctuary Advisors LLC raised its stake in Ryanair Holdings plc (NASDAQ:RYAAY) by 171.6% during the third quarter, HoldingsChannel.com reports. The fund owned 41,708 shares of the transportation company’s stock after purchasing an additional 26,349 shares during the quarter. Sanctuary Advisors LLC’s holdings in Ryanair were worth $1,793,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of RYAAY. Massachusetts Financial Services Co. MA boosted its position in shares of Ryanair by 188.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 27,263,436 shares of the transportation company’s stock valued at $1,231,762,000 after acquiring an additional 17,810,361 shares during the last quarter. Baillie Gifford & Co. raised its stake in Ryanair by 175.7% during the third quarter. Baillie Gifford & Co. now owns 23,548,902 shares of the transportation company’s stock valued at $1,063,939,000 after purchasing an additional 15,008,023 shares in the last quarter. FMR LLC lifted its position in Ryanair by 35.3% during the third quarter. FMR LLC now owns 8,734,646 shares of the transportation company’s stock valued at $394,631,000 after purchasing an additional 2,279,679 shares during the last quarter. Janus Henderson Group PLC increased its holdings in shares of Ryanair by 169.7% in the 3rd quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company’s stock worth $284,893,000 after buying an additional 3,967,436 shares during the last quarter. Finally, Metropolis Capital Ltd raised its position in shares of Ryanair by 177.4% during the 3rd quarter. Metropolis Capital Ltd now owns 4,006,107 shares of the transportation company’s stock valued at $180,996,000 after buying an additional 2,562,066 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Stock Performance

Shares of Ryanair stock opened at $44.49 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22. The stock’s fifty day moving average is $44.92 and its two-hundred day moving average is $83.89. Ryanair Holdings plc has a 52 week low of $36.96 and a 52 week high of $60.29. The company has a market capitalization of $24.11 billion, a PE ratio of 14.83, a price-to-earnings-growth ratio of 2.62 and a beta of 1.51.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings results on Monday, November 4th. The transportation company reported $2.82 EPS for the quarter, missing the consensus estimate of $2.91 by ($0.09). The company had revenue of $5.57 billion during the quarter, compared to analysts’ expectations of $5.59 billion. Ryanair had a return on equity of 19.92% and a net margin of 11.38%. During the same period in the prior year, the business earned $2.88 EPS. As a group, analysts expect that Ryanair Holdings plc will post 2.97 earnings per share for the current year.

Ryanair Announces Dividend

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

Analysts Set New Price Targets

Several research analysts recently commented on RYAAY shares. Sanford C. Bernstein dropped their price target on Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. UBS Group raised Ryanair from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. Finally, StockNews.com upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, November 14th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $151.00.

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.