Ryanair Holdings PLC $RYAAY Stock Position Boosted by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. has increased its stake in Ryanair Holdings PLC by 47.7%, acquiring an additional 70,713 shares, bringing its total holdings to 219,033 shares valued at approximately $9.28 million.
• Ryanair recently reported an EPS of $1.74 for its last quarter, surpassing expectations, with revenues hitting $5.07 billion compared to forecasts of $4.16 billion.
• The company has declared a dividend of $0.534 per share, a rise from the previous dividend of $0.47, reflecting a dividend yield of 120.0%.

Charles Schwab Investment Management Inc. grew its stake in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 47.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 219,033 shares of the transportation company's stock after acquiring an additional 70,713 shares during the quarter. Charles Schwab Investment Management Inc.'s holdings in Ryanair were worth $9,280,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of RYAAY. Mariner LLC grew its position in Ryanair by 69.0% in the 4th quarter. Mariner LLC now owns 12,856 shares of the transportation company's stock valued at $561,000 after acquiring an additional 5,247 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Ryanair by 6.2% during the fourth quarter. NewEdge Advisors LLC now owns 6,782 shares of the transportation company's stock worth $296,000 after buying an additional 394 shares in the last quarter. MML Investors Services LLC grew its position in shares of Ryanair by 4.0% during the fourth quarter. MML Investors Services LLC now owns 27,996 shares of the transportation company's stock worth $1,220,000 after buying an additional 1,068 shares in the last quarter. Stifel Financial Corp grew its position in shares of Ryanair by 6.4% during the fourth quarter. Stifel Financial Corp now owns 54,949 shares of the transportation company's stock worth $2,395,000 after buying an additional 3,293 shares in the last quarter. Finally, Aquatic Capital Management LLC acquired a new position in shares of Ryanair during the fourth quarter worth about $2,635,000. 43.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on RYAAY shares. Sanford C. Bernstein reissued an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Raymond James Financial restated a "strong-buy" rating and set a $76.00 price target (up previously from $70.00) on shares of Ryanair in a research note on Wednesday, July 23rd. Wall Street Zen upgraded Ryanair from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 26th. Citigroup restated a "buy" rating on shares of Ryanair in a research note on Wednesday, May 21st. Finally, Zacks Research upgraded Ryanair from a "hold" rating to a "strong-buy" rating in a research note on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating and six have issued a Buy rating to the company's stock. Based on data from MarketBeat.com, Ryanair has an average rating of "Buy" and a consensus target price of $111.50.

Ryanair Trading Up 1.0%

Shares of RYAAY traded up $0.60 during mid-day trading on Thursday, hitting $63.28. The company had a trading volume of 694,223 shares, compared to its average volume of 998,421. The business's 50-day simple moving average is $61.26 and its 200-day simple moving average is $52.99. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.02. Ryanair Holdings PLC has a 1-year low of $38.52 and a 1-year high of $67.18. The stock has a market cap of $33.56 billion, a PE ratio of 14.85, a P/E/G ratio of 1.03 and a beta of 1.36.

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

Ryanair Increases Dividend

The firm also recently announced a special dividend, which will be paid on Thursday, September 25th. Shareholders 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 is a positive change from Ryanair's previous special dividend of $0.47. This represents a yield of 120.0%. Ryanair's payout ratio is presently 14.55%.

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.