Keybank National Association OH Acquires Shares of 11,333 Ryanair Holdings PLC $RYAAY

Keybank National Association OH bought a new position in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 11,333 shares of the transportation company’s stock, valued at approximately $682,000.

A number of other institutional investors have also made changes to their positions in the business. Blue Trust Inc. lifted its holdings in Ryanair by 3.8% during the 3rd quarter. Blue Trust Inc. now owns 5,043 shares of the transportation company’s stock valued at $304,000 after purchasing an additional 186 shares during the last quarter. Evelyn Partners Investment Management Services Ltd raised its position in shares of Ryanair by 40.4% in the second 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. raised its position in shares of Ryanair by 3.9% in the second 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 stake in shares of Ryanair by 2.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 8,042 shares of the transportation company’s stock worth $484,000 after buying an additional 225 shares during the last quarter. Finally, Global Retirement Partners LLC boosted its holdings in shares of Ryanair by 68.1% during the 3rd quarter. Global Retirement Partners LLC now owns 684 shares of the transportation company’s stock worth $41,000 after buying an additional 277 shares during the period. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Stock Up 0.5%

NASDAQ RYAAY opened at $71.13 on Thursday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.02. The company has a market cap of $37.34 billion, a price-to-earnings ratio of 14.28, a PEG ratio of 0.67 and a beta of 1.23. The company has a 50 day moving average of $70.08 and a 200-day moving average of $64.83. Ryanair Holdings PLC has a 1-year low of $38.52 and a 1-year high of $74.24.

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

Ryanair Dividend Announcement

The business also recently declared a special dividend, which will be paid on Wednesday, March 4th. Investors of record on Friday, January 16th will be paid a $0.4545 dividend. The ex-dividend date of this dividend is Friday, January 16th. Ryanair’s payout ratio is 14.26%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on RYAAY shares. Sanford C. Bernstein restated a “market perform” rating and set a $71.00 price objective on shares of Ryanair in a research report on Tuesday, January 27th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a research note on Thursday, January 8th. Wall Street Zen downgraded Ryanair from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ryanair in a report on Monday, December 29th. Finally, Zacks Research upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Ryanair presently has a consensus rating of “Buy” and an average price target of $73.50.

About Ryanair

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.