Ryanair Holdings PLC (NASDAQ:RYAAY) Shares Purchased by Assetmark Inc.

Assetmark Inc. lifted its position in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 12.4% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 78,431 shares of the transportation company's stock after purchasing an additional 8,624 shares during the quarter. Assetmark Inc.'s holdings in Ryanair were worth $3,323,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in RYAAY. Capital International Investors raised its position in shares of Ryanair by 6.1% in the 4th quarter. Capital International Investors now owns 38,800,258 shares of the transportation company's stock valued at $1,691,536,000 after acquiring an additional 2,231,153 shares during the period. Massachusetts Financial Services Co. MA lifted its position in Ryanair by 4.4% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 29,324,514 shares of the transportation company's stock valued at $1,242,480,000 after acquiring an additional 1,233,059 shares in the last quarter. Brave Warrior Advisors LLC increased its holdings in Ryanair by 9.8% during the 4th quarter. Brave Warrior Advisors LLC now owns 5,604,258 shares of the transportation company's stock worth $244,290,000 after purchasing an additional 500,239 shares in the last quarter. Metropolis Capital Ltd grew its holdings in shares of Ryanair by 3.5% during the first quarter. Metropolis Capital Ltd now owns 4,753,672 shares of the transportation company's stock worth $201,413,000 after buying an additional 160,542 shares in the last quarter. Finally, FIL Ltd boosted its position in Ryanair by 5.8% during the 4th quarter. FIL Ltd now owns 3,804,773 shares of the transportation company's stock worth $165,850,000 after acquiring an additional 209,424 shares during the last quarter. 43.66% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Raymond James Financial reaffirmed a "strong-buy" rating and set a $76.00 target price (up from $70.00) on shares of Ryanair in a report on Wednesday, July 23rd. Citigroup reiterated a "buy" rating on shares of Ryanair in a research report on Wednesday, May 21st. Wall Street Zen raised shares of Ryanair from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 26th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Finally, Oddo Bhf upgraded shares of Ryanair from an "underperform" rating to an "outperform" rating in a report on Wednesday, July 16th. Six analysts have rated the stock with a buy rating and four have given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $111.50.

Ryanair Stock Performance

Ryanair stock traded down $0.15 during midday trading on Friday, hitting $62.12. 1,366,170 shares of the company were exchanged, compared to its average volume of 1,605,167. The business has a fifty day simple moving average of $57.79 and a two-hundred day simple moving average of $50.28. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a market capitalization of $32.97 billion, a PE ratio of 14.58, a price-to-earnings-growth ratio of 1.02 and a beta of 1.38. Ryanair Holdings PLC has a fifty-two week low of $38.39 and a fifty-two week high of $63.90.

Ryanair (NASDAQ:RYAAY - Get Free Report) last announced its quarterly earnings data on Monday, July 21st. The transportation company reported $1.74 EPS for the quarter, topping analysts' consensus estimates of $1.49 by $0.25. The firm had revenue of $5.07 billion for the quarter, compared to the consensus estimate of $4.16 billion. Ryanair had a return on equity of 27.91% and a net margin of 14.42%. On average, sell-side analysts forecast that Ryanair Holdings PLC will post 3.09 earnings per share for the current year.

Ryanair Increases Dividend

The business also recently declared a -- dividend, which will be paid on Thursday, September 25th. Investors of record on Friday, August 8th will be paid a dividend of $0.534 per share. The ex-dividend date is Friday, September 12th. This represents a yield of 120.0%. This is an increase from Ryanair's previous -- dividend of $0.47. Ryanair's dividend payout ratio (DPR) is 23.47%.

Ryanair 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.