Scientech Research LLC Acquires 5,474 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Scientech Research LLC raised its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 306.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,260 shares of the transportation company’s stock after purchasing an additional 5,474 shares during the period. Scientech Research LLC’s holdings in Ryanair were worth $845,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. US Bancorp DE increased its position in Ryanair by 8,416.9% during the 4th quarter. US Bancorp DE now owns 14,649 shares of the transportation company’s stock valued at $1,954,000 after purchasing an additional 14,477 shares during the period. Capstone Investment Advisors LLC purchased a new position in shares of Ryanair during the fourth quarter valued at about $520,000. Hudson Edge Investment Partners Inc. bought a new position in Ryanair in the fourth quarter worth about $39,301,000. Kize Capital LP purchased a new stake in Ryanair in the fourth quarter worth about $32,338,000. Finally, Capital International Investors boosted its position in Ryanair by 1.3% during the 4th quarter. Capital International Investors now owns 10,687,236 shares of the transportation company’s stock valued at $1,425,446,000 after acquiring an additional 137,935 shares in the last quarter. Institutional investors own 43.66% of the company’s stock.

Ryanair Price Performance

RYAAY opened at $112.68 on Friday. Ryanair Holdings plc has a 1 year low of $87.18 and a 1 year high of $150.73. The stock has a 50-day moving average price of $105.97 and a 200-day moving average price of $121.46. The firm has a market cap of $24.83 billion, a PE ratio of 12.36, a P/E/G ratio of 2.67 and a beta of 1.55. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.93 and a quick ratio of 0.93.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Monday, July 22nd. The transportation company reported $1.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.89 by ($1.20). Ryanair had a return on equity of 20.43% and a net margin of 12.07%. The firm had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $4.32 billion. Sell-side analysts predict that Ryanair Holdings plc will post 7.35 earnings per share for the current fiscal year.

Ryanair Cuts Dividend

The firm also recently announced a Variable dividend, which was paid on Thursday, September 26th. Shareholders of record on Friday, August 9th were paid a dividend of $0.692 per share. The ex-dividend date was Friday, September 13th. This represents a yield of 1.8%. Ryanair’s dividend payout ratio is 28.40%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Sanford C. Bernstein decreased their target price on Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. Hsbc Global Res upgraded Ryanair to a “hold” rating in a report on Friday, July 12th. UBS Group cut shares of Ryanair from a “buy” rating to a “neutral” rating in a report on Thursday, June 20th. Barclays lowered shares of Ryanair from an “overweight” rating to an “equal weight” rating in a research note on Friday, June 21st. Finally, HSBC cut shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, July 12th. Seven equities research analysts have rated the stock with a hold rating, one has issued a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $154.67.

Ryanair Company 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.