Dynamic Technology Lab Private Ltd Boosts Stock Position in Ryanair Holdings PLC $RYAAY

Key Points

• Dynamic Technology Lab Private Ltd increased its stake in Ryanair Holdings PLC by 138.0%, bringing its total shares to 27,329 valued at approximately $1.158 million.
• Ryanair recently reported earnings of $1.74 per share, exceeding estimates, and expects a projected 3.09 EPS for the current fiscal year.
• The company announced a special dividend of $0.534, surpassing the previous dividend of $0.47, with a payout ratio of 14.55%.

Dynamic Technology Lab Private Ltd boosted its holdings in shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 138.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 27,329 shares of the transportation company's stock after acquiring an additional 15,845 shares during the quarter. Dynamic Technology Lab Private Ltd's holdings in Ryanair were worth $1,158,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Teewinot Capital Advisers L.L.C. boosted its holdings in Ryanair by 19.2% during the 1st quarter. Teewinot Capital Advisers L.L.C. now owns 660,077 shares of the transportation company's stock valued at $27,967,000 after acquiring an additional 106,466 shares during the period. Scientech Research LLC raised its position in Ryanair by 31.8% during the 1st quarter. Scientech Research LLC now owns 25,615 shares of the transportation company's stock valued at $1,085,000 after purchasing an additional 6,187 shares in the last quarter. Royal Bank of Canada raised its position in Ryanair by 7.3% during the 1st quarter. Royal Bank of Canada now owns 3,909,138 shares of the transportation company's stock valued at $165,630,000 after purchasing an additional 266,343 shares in the last quarter. Baird Financial Group Inc. raised its position in Ryanair by 30.4% during the 1st quarter. Baird Financial Group Inc. now owns 994,753 shares of the transportation company's stock valued at $42,148,000 after purchasing an additional 232,197 shares in the last quarter. Finally, Vident Advisory LLC raised its position in Ryanair by 21.6% during the 1st quarter. Vident Advisory LLC now owns 12,171 shares of the transportation company's stock valued at $516,000 after purchasing an additional 2,165 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company's stock.

Ryanair Stock Down 1.9%

NASDAQ:RYAAY traded down $1.14 during mid-day trading on Friday, hitting $58.68. 1,049,844 shares of the company's stock traded hands, compared to its average volume of 924,517. The company has a fifty day moving average of $62.07 and a 200 day moving average of $54.21. Ryanair Holdings PLC has a twelve month low of $38.52 and a twelve month high of $67.18. The company has a market capitalization of $31.12 billion, a P/E ratio of 13.77, a P/E/G ratio of 0.71 and a beta of 1.37. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.66 and a current ratio of 0.66.

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, beating the consensus estimate of $1.49 by $0.25. Ryanair had a return on equity of 27.91% and a net margin of 14.42%.The company had revenue of $5.07 billion for the quarter, compared to analyst estimates of $4.16 billion. On average, analysts forecast that Ryanair Holdings PLC will post 3.09 EPS for the current year.

Ryanair Increases Dividend

The company also recently declared 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 boost from Ryanair's previous special dividend of $0.47. Ryanair's dividend payout ratio (DPR) is presently 14.55%.

Analyst Upgrades and Downgrades

RYAAY has been the subject of a number of research analyst reports. Citigroup reaffirmed a "buy" rating on shares of Ryanair in a research report on Wednesday, May 21st. 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 research report on Wednesday, July 23rd. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Wall Street Zen raised Ryanair from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 26th. Finally, Zacks Research raised Ryanair from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 26th. Three investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $76.00.

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.