AdvisorShares Investments LLC Invests $1.08 Million in Ryanair Holdings PLC $RYAAY

AdvisorShares Investments LLC acquired a new stake in Ryanair Holdings PLC (NASDAQ:RYAAY) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,944 shares of the transportation company’s stock, valued at approximately $1,081,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. USA Financial Formulas purchased a new position in shares of Ryanair during the 3rd quarter worth $26,000. UMB Bank n.a. increased its position in shares of Ryanair by 1,057.4% during the third quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock valued at $33,000 after acquiring an additional 497 shares during the last quarter. Parkside Financial Bank & Trust increased its position in shares of Ryanair by 250.9% during the second quarter. Parkside Financial Bank & Trust now owns 593 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 424 shares during the last quarter. Wealth Preservation Advisors LLC purchased a new stake in shares of Ryanair in the 2nd quarter valued at approximately $39,000. Finally, Global Retirement Partners LLC lifted its holdings in shares of Ryanair by 68.1% in the 3rd quarter. Global Retirement Partners LLC now owns 684 shares of the transportation company’s stock worth $41,000 after acquiring an additional 277 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Stock Performance

Shares of RYAAY stock opened at $68.61 on Friday. The firm has a fifty day moving average price of $70.07 and a 200 day moving average price of $64.93. The company has a market cap of $36.02 billion, a P/E ratio of 13.78, a PEG ratio of 0.65 and a beta of 1.23. Ryanair Holdings PLC has a 12 month low of $38.52 and a 12 month high of $74.24. 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 data on Monday, January 26th. The transportation company reported $0.26 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 the consensus estimate of $3.16 billion. Ryanair had a return on equity of 29.76% and a net margin of 15.04%. Sell-side analysts predict that Ryanair Holdings PLC will post 3.09 earnings per share for the current fiscal year.

Ryanair Dividend Announcement

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

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ryanair in a research note on Thursday, January 15th. Citigroup reiterated a “buy” rating on shares of Ryanair in a report on Thursday, October 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of Ryanair in a report on Monday, December 29th. Finally, Zacks Research raised Ryanair from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Ryanair currently has an average rating of “Buy” and a consensus price target of $73.50.

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.