Ryanair Holdings PLC $RYAAY Stock Holdings Lowered by Hudson Edge Investment Partners Inc.

Hudson Edge Investment Partners Inc. reduced its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 1.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 953,850 shares of the transportation company’s stock after selling 13,900 shares during the quarter. Ryanair accounts for approximately 9.4% of Hudson Edge Investment Partners Inc.’s holdings, making the stock its 2nd largest holding. Hudson Edge Investment Partners Inc.’s holdings in Ryanair were worth $55,009,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. increased its holdings in Ryanair by 26.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 7,725 shares of the transportation company’s stock worth $327,000 after purchasing an additional 1,621 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in Ryanair by 1,190.3% during the 1st quarter. Farther Finance Advisors LLC now owns 5,832 shares of the transportation company’s stock worth $249,000 after purchasing an additional 5,380 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Ryanair by 19.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 526,540 shares of the transportation company’s stock worth $22,310,000 after purchasing an additional 87,532 shares during the last quarter. Golden State Wealth Management LLC increased its holdings in Ryanair by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 962 shares of the transportation company’s stock worth $41,000 after purchasing an additional 481 shares during the last quarter. Finally, Avantax Advisory Services Inc. increased its holdings in Ryanair by 2.6% during the 1st quarter. Avantax Advisory Services Inc. now owns 8,094 shares of the transportation company’s stock worth $343,000 after purchasing an additional 206 shares during the last quarter. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Ryanair Trading Up 1.5%

NASDAQ:RYAAY opened at $59.97 on Friday. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.66 and a quick ratio of 0.66. Ryanair Holdings PLC has a 12-month low of $38.52 and a 12-month high of $67.18. The business has a 50 day simple moving average of $61.70 and a 200 day simple moving average of $55.12. The firm has a market capitalization of $31.76 billion, a P/E ratio of 14.08, a P/E/G ratio of 0.70 and a beta of 1.38.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings results on Monday, July 21st. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.25. Ryanair had a return on equity of 27.91% and a net margin of 14.42%.The company had revenue of $5.07 billion during the quarter, compared to analyst estimates of $4.16 billion. Equities research analysts predict that Ryanair Holdings PLC will post 3.09 EPS for the current year.

Ryanair Increases Dividend

The firm also recently declared a special dividend, which was paid on Thursday, September 25th. Shareholders of record on Friday, August 8th were given a dividend of $0.534 per share. This is a boost from Ryanair’s previous special dividend of $0.47. The ex-dividend date was Friday, September 12th. Ryanair’s payout ratio is presently 16.90%.

Analyst Ratings Changes

Several research firms have issued reports on RYAAY. Oddo Bhf upgraded Ryanair from an “underperform” rating to an “outperform” rating in a report on Wednesday, July 16th. The Goldman Sachs Group downgraded Ryanair from a “buy” rating to a “neutral” rating in a report on Monday, September 8th. Wall Street Zen downgraded Ryanair from a “strong-buy” rating to a “buy” rating in a report on Friday, September 26th. Zacks Research lowered Ryanair from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 22nd. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $76.00 target price (up previously from $70.00) on shares of Ryanair in a research report on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $76.00.

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.