Capital International Inc. CA Increases Stock Holdings in Ryanair Holdings PLC $RYAAY

Capital International Inc. CA grew its holdings in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 3.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,467,028 shares of the transportation company’s stock after purchasing an additional 47,151 shares during the period. Capital International Inc. CA owned about 0.28% of Ryanair worth $88,344,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in RYAAY. Capital International Investors grew its stake in shares of Ryanair by 2.7% in the third quarter. Capital International Investors now owns 37,465,187 shares of the transportation company’s stock worth $2,250,932,000 after acquiring an additional 1,002,457 shares in the last quarter. JPMorgan Chase & Co. raised its position in Ryanair by 13.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,176,538 shares of the transportation company’s stock valued at $191,291,000 after purchasing an additional 376,145 shares in the last quarter. Baird Financial Group Inc. boosted its stake in shares of Ryanair by 43.1% in the 2nd quarter. Baird Financial Group Inc. now owns 1,423,685 shares of the transportation company’s stock valued at $82,104,000 after buying an additional 428,932 shares during the period. Goldman Sachs Group Inc. increased its stake in shares of Ryanair by 658.1% during the first quarter. Goldman Sachs Group Inc. now owns 992,245 shares of the transportation company’s stock worth $42,041,000 after buying an additional 861,361 shares during the period. Finally, Hudson Edge Investment Partners Inc. raised its holdings in Ryanair by 0.3% in the third quarter. Hudson Edge Investment Partners Inc. now owns 956,650 shares of the transportation company’s stock valued at $57,609,000 after acquiring an additional 2,800 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on RYAAY. Erste Group Bank downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Weiss Ratings downgraded Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 24th. Morgan Stanley restated an “overweight” rating on shares of Ryanair in a research report on Tuesday, January 27th. Wall Street Zen lowered shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. Finally, Zacks Research cut Ryanair from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Ryanair has an average rating of “Moderate Buy” and an average price target of $73.50.

Ryanair Stock Down 0.8%

RYAAY opened at $63.05 on Tuesday. Ryanair Holdings PLC has a 52 week low of $38.52 and a 52 week high of $74.24. The business has a 50 day moving average price of $68.26 and a two-hundred day moving average price of $65.14. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.02. The company has a market cap of $33.06 billion, a PE ratio of 12.66, a P/E/G ratio of 0.60 and a beta of 1.22.

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

Ryanair Dividend Announcement

The company also recently disclosed a special dividend, which was paid on Wednesday, March 4th. Shareholders of record on Friday, January 16th were paid a $0.4545 dividend. The ex-dividend date of this dividend was Friday, January 16th. Ryanair’s payout ratio is currently 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.