Assetmark Inc. Has $3.32 Million Stake in Ryanair Holdings PLC (NASDAQ:RYAAY)

Assetmark Inc. grew its stake in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 12.4% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,431 shares of the transportation company's stock after acquiring an additional 8,624 shares during the quarter. Assetmark Inc.'s holdings in Ryanair were worth $3,323,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Capital International Investors raised its stake in shares of Ryanair by 6.1% in the fourth 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 in the last quarter. Massachusetts Financial Services Co. MA grew its position in shares of Ryanair by 4.4% during the first quarter. Massachusetts Financial Services Co. MA now owns 29,324,514 shares of the transportation company's stock worth $1,242,480,000 after acquiring an additional 1,233,059 shares during the last quarter. Brave Warrior Advisors LLC raised its holdings in shares of Ryanair by 9.8% in the fourth quarter. Brave Warrior Advisors LLC now owns 5,604,258 shares of the transportation company's stock valued at $244,290,000 after buying an additional 500,239 shares during the last quarter. Metropolis Capital Ltd grew its stake in shares of Ryanair by 3.5% in the 1st quarter. Metropolis Capital Ltd now owns 4,753,672 shares of the transportation company's stock valued at $201,413,000 after purchasing an additional 160,542 shares during the last quarter. Finally, FIL Ltd lifted its stake in shares of Ryanair by 5.8% in 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 period. Hedge funds and other institutional investors own 43.66% of the company's stock.

Ryanair Stock Down 0.2%

Shares of RYAAY traded down $0.15 during midday trading on Friday, reaching $62.12. 1,366,170 shares of the company were exchanged, compared to its average volume of 1,701,721. Ryanair Holdings PLC has a 1-year low of $38.39 and a 1-year high of $63.90. The stock has a 50-day moving average price of $57.91 and a 200-day moving average price of $50.41. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02. The company has a market cap of $32.97 billion, a price-to-earnings ratio of 14.58, a P/E/G ratio of 1.03 and a beta of 1.36.

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

Ryanair Increases Dividend

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

Analyst Ratings Changes

A number of research firms recently weighed in on RYAAY. Citigroup restated a "buy" rating on shares of Ryanair in a research note on Wednesday, May 21st. Oddo Bhf raised shares of Ryanair from an "underperform" rating to an "outperform" rating in a report on Wednesday, July 16th. Wall Street Zen raised shares of Ryanair from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 26th. Raymond James Financial reissued a "strong-buy" rating and issued a $76.00 price objective (up from $70.00) on shares of Ryanair in a research note on Wednesday, July 23rd. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Six investment analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $111.50.

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.