LPL Financial LLC Acquires 4,504 Shares of Ryanair Holdings PLC $RYAAY

Key Points

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LPL Financial LLC lifted its stake in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 9.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,247 shares of the transportation company's stock after purchasing an additional 4,504 shares during the quarter. LPL Financial LLC's holdings in Ryanair were worth $2,298,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Golden State Wealth Management LLC grew its position in Ryanair by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 962 shares of the transportation company's stock valued at $41,000 after buying an additional 481 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Ryanair during the 1st quarter worth $48,000. CWM LLC grew its position in shares of Ryanair by 39.8% during the 1st quarter. CWM LLC now owns 1,191 shares of the transportation company's stock valued at $50,000 after acquiring an additional 339 shares during the period. GAMMA Investing LLC increased its stake in shares of Ryanair by 13.2% in the 1st quarter. GAMMA Investing LLC now owns 2,278 shares of the transportation company's stock worth $97,000 after purchasing an additional 265 shares in the last quarter. Finally, State of Wyoming increased its stake in shares of Ryanair by 27.7% in the 4th quarter. State of Wyoming now owns 4,565 shares of the transportation company's stock worth $199,000 after purchasing an additional 990 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on RYAAY. Raymond James Financial reissued a "strong-buy" rating and set a $76.00 price target (up 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 report on Saturday, July 26th. Sanford C. Bernstein reissued an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Citigroup reaffirmed a "buy" rating on shares of Ryanair in a research note on Wednesday, May 21st. Finally, Royal Bank Of Canada reiterated an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Six investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $111.50.

Ryanair Stock Down 1.4%

RYAAY stock opened at $65.68 on Tuesday. The company has a market cap of $34.83 billion, a price-to-earnings ratio of 15.42, a price-to-earnings-growth ratio of 1.10 and a beta of 1.36. The company has a fifty day moving average price of $59.81 and a 200 day moving average price of $52.04. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.66 and a quick ratio of 0.66. Ryanair Holdings PLC has a 12 month low of $38.52 and a 12 month high of $67.18.

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

Ryanair Increases Dividend

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

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.

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