ABC Arbitrage SA Purchases New Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

ABC Arbitrage SA purchased a new stake in Ryanair Holdings plc (NASDAQ:RYAAY) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 21,339 shares of the transportation company’s stock, valued at approximately $930,000.

Other institutional investors have also made changes to their positions in the company. Janney Montgomery Scott LLC lifted its stake in Ryanair by 149.1% during the third quarter. Janney Montgomery Scott LLC now owns 19,055 shares of the transportation company’s stock worth $861,000 after purchasing an additional 11,404 shares during the last quarter. Natixis Advisors LLC lifted its stake in Ryanair by 12.4% during the third quarter. Natixis Advisors LLC now owns 393,030 shares of the transportation company’s stock worth $17,757,000 after purchasing an additional 43,449 shares during the last quarter. Charles Schwab Investment Management Inc. bought a new stake in Ryanair during the third quarter worth $4,067,000. Primecap Management Co. CA lifted its stake in Ryanair by 148.5% during the third quarter. Primecap Management Co. CA now owns 1,068,250 shares of the transportation company’s stock worth $48,264,000 after purchasing an additional 638,350 shares during the last quarter. Finally, Stifel Financial Corp lifted its stake in Ryanair by 146.8% during the third quarter. Stifel Financial Corp now owns 51,656 shares of the transportation company’s stock worth $2,334,000 after purchasing an additional 30,723 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors.

Ryanair Stock Performance

NASDAQ RYAAY opened at $45.34 on Friday. The company has a market capitalization of $24.51 billion, a price-to-earnings ratio of 13.90, a PEG ratio of 2.07 and a beta of 1.50. Ryanair Holdings plc has a twelve month low of $36.96 and a twelve month high of $60.29. The stock has a fifty day simple moving average of $44.74 and a 200 day simple moving average of $63.74. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Sell-side analysts expect that Ryanair Holdings plc will post 3.09 EPS for the current year.

Ryanair Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 17th will be issued a dividend of $0.4677 per share. The ex-dividend date is Friday, January 17th. This represents a yield of 4.2%. Ryanair’s payout ratio is currently 30.66%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on RYAAY shares. Barclays upgraded shares of Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Finally, UBS Group upgraded shares of Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Ryanair has a consensus rating of “Moderate Buy” and a consensus 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.