Ryanair Holdings PLC $RYAAY Shares Purchased by Silchester International Investors LLP

Silchester International Investors LLP increased its position in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 15.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 118,057 shares of the transportation company’s stock after buying an additional 15,602 shares during the quarter. Ryanair comprises 12.3% of Silchester International Investors LLP’s investment portfolio, making the stock its 2nd biggest holding. Silchester International Investors LLP’s holdings in Ryanair were worth $7,644,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC grew its position in Ryanair by 280.6% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock worth $28,000 after purchasing an additional 348 shares during the last quarter. Pin Oak Investment Advisors Inc. raised its holdings in shares of Ryanair by 76.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock valued at $29,000 after buying an additional 209 shares during the last quarter. Brown Brothers Harriman & Co. raised its holdings in shares of Ryanair by 2,929.4% in the fourth quarter. Brown Brothers Harriman & Co. now owns 515 shares of the transportation company’s stock valued at $37,000 after buying an additional 498 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of Ryanair by 39.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 584 shares of the transportation company’s stock worth $42,000 after buying an additional 165 shares during the period. Finally, Larson Financial Group LLC boosted its stake in shares of Ryanair by 64.9% during the fourth quarter. Larson Financial Group LLC now owns 653 shares of the transportation company’s stock worth $47,000 after buying an additional 257 shares during the period. Institutional investors and hedge funds own 43.66% of the company’s stock.

Insider Buying and Selling at Ryanair

In related news, insider Carol Marie Sharkey sold 6,999 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $182,043.99. Following the sale, the insider owned 14,136 shares in the company, valued at $367,677.36. This represents a 33.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Jason Paul Mcguinness sold 9,999 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $27.56, for a total value of $275,572.44. Following the completion of the transaction, the insider directly owned 14,305 shares of the company’s stock, valued at $394,245.80. The trade was a 41.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 126,607 shares of company stock worth $3,386,997.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Zacks Research upgraded Ryanair from a “strong sell” rating to a “hold” rating in a research report on Friday, July 17th. Citigroup reaffirmed a “buy” rating on shares of Ryanair in a research report on Wednesday, July 1st. Morgan Stanley reiterated an “overweight” rating on shares of Ryanair in a research note on Monday, June 22nd. Weiss Ratings upgraded Ryanair from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, July 21st. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a report on Tuesday, May 19th. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $79.50.

Ryanair Stock Up 0.4%

Shares of RYAAY opened at $60.19 on Wednesday. Ryanair Holdings PLC has a 52-week low of $53.14 and a 52-week high of $74.24. The company has a 50-day simple moving average of $61.30 and a 200-day simple moving average of $61.99. The company has a market capitalization of $31.27 billion, a PE ratio of 14.47, a P/E/G ratio of 1.89 and a beta of 1.16.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Friday, July 17th. The transportation company reported $1.19 EPS for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.18). Ryanair had a return on equity of 21.23% and a net margin of 12.14%.The company had revenue of $5 billion for the quarter, compared to analysts’ expectations of $5.06 billion. On average, research analysts anticipate that Ryanair Holdings PLC will post 3.95 EPS for the current year.

Ryanair Dividend Announcement

The company also recently declared a special dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, August 7th will be paid a dividend of $0.4434 per share. The ex-dividend date of this dividend is Friday, August 7th. Ryanair’s payout ratio is 17.07%.

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.