Ryanair Holdings PLC $RYAAY Shares Sold by Rothschild & Co Wealth Management UK Ltd

Rothschild & Co Wealth Management UK Ltd decreased its position in Ryanair Holdings PLC (NASDAQ:RYAAY) by 93.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 147,074 shares of the transportation company’s stock after selling 2,219,785 shares during the quarter. Ryanair accounts for approximately 0.1% of Rothschild & Co Wealth Management UK Ltd’s holdings, making the stock its 18th largest position. Rothschild & Co Wealth Management UK Ltd’s holdings in Ryanair were worth $8,857,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in RYAAY. Blue Trust Inc. increased its stake in shares of Ryanair by 3.8% during the third quarter. Blue Trust Inc. now owns 5,043 shares of the transportation company’s stock valued at $304,000 after acquiring an additional 186 shares during the period. Evelyn Partners Investment Management Services Ltd increased its position in shares of Ryanair by 40.4% during the 2nd quarter. Evelyn Partners Investment Management Services Ltd now owns 702 shares of the transportation company’s stock valued at $44,000 after purchasing an additional 202 shares during the period. Benjamin Edwards Inc. increased its position in shares of Ryanair by 3.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 5,834 shares of the transportation company’s stock valued at $336,000 after purchasing an additional 217 shares during the period. Venturi Wealth Management LLC lifted its holdings in shares of Ryanair by 2.9% in the third quarter. Venturi Wealth Management LLC now owns 8,042 shares of the transportation company’s stock valued at $484,000 after buying an additional 225 shares during the period. Finally, Global Retirement Partners LLC boosted its stake in Ryanair by 68.1% during the third quarter. Global Retirement Partners LLC now owns 684 shares of the transportation company’s stock valued at $41,000 after buying an additional 277 shares in the last quarter. 43.66% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

RYAAY has been the topic of several research reports. Wall Street Zen cut shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Sunday, January 25th. Erste Group Bank downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday. Sanford C. Bernstein restated a “market perform” rating and set a $71.00 target price on shares of Ryanair in a report on Tuesday, January 27th. Morgan Stanley restated an “overweight” rating on shares of Ryanair in a research report on Tuesday, January 27th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a research report on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $73.50.

Ryanair Price Performance

RYAAY stock opened at $66.00 on Thursday. Ryanair Holdings PLC has a one year low of $38.52 and a one year high of $74.24. The firm has a 50-day moving average of $70.09 and a two-hundred day moving average of $65.14. The firm has a market capitalization of $34.65 billion, a PE ratio of 13.25, a P/E/G ratio of 0.63 and a beta of 1.23. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.02.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings results on Monday, January 26th. The transportation company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. The business had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.16 billion. Ryanair had a net margin of 15.04% and a return on equity of 29.76%. On average, analysts forecast that Ryanair Holdings PLC will post 3.09 earnings per share for the current year.

Ryanair Announces Dividend

The firm also recently disclosed a special dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Friday, January 16th will be given a dividend of $0.4545 per share. The ex-dividend date is Friday, January 16th. Ryanair’s dividend payout ratio (DPR) is presently 14.26%.

Ryanair Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.