Ryanair Holdings PLC $RYAAY Shares Purchased by LPL Financial LLC

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

LPL Financial LLC increased its holdings in shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 9.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 54,247 shares of the transportation company's stock after acquiring an additional 4,504 shares during the quarter. LPL Financial LLC's holdings in Ryanair were worth $2,298,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Golden State Wealth Management LLC boosted 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 worth $41,000 after acquiring an additional 481 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Ryanair during the first quarter worth about $48,000. CWM LLC boosted its position in Ryanair by 39.8% during the first quarter. CWM LLC now owns 1,191 shares of the transportation company's stock worth $50,000 after acquiring an additional 339 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Ryanair by 13.2% in the 1st quarter. GAMMA Investing LLC now owns 2,278 shares of the transportation company's stock valued at $97,000 after purchasing an additional 265 shares during the last quarter. Finally, State of Wyoming boosted its holdings in Ryanair by 27.7% in the 4th quarter. State of Wyoming now owns 4,565 shares of the transportation company's stock valued at $199,000 after purchasing an additional 990 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Raymond James Financial reiterated a "strong-buy" rating and issued a $76.00 target price (up from $70.00) on shares of Ryanair in a report on Wednesday, July 23rd. Oddo Bhf upgraded shares of Ryanair from an "underperform" rating to an "outperform" rating in a report on Wednesday, July 16th. Royal Bank Of Canada reiterated an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Wall Street Zen upgraded shares of Ryanair from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 26th. Finally, Citigroup reiterated a "buy" rating on shares of Ryanair in a report on Wednesday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating and six have issued a Buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $111.50.

Ryanair Trading Up 2.4%

Shares of RYAAY stock traded up $1.59 during trading hours on Friday, hitting $66.72. The company had a trading volume of 510,894 shares, compared to its average volume of 1,108,256. The company's fifty day moving average is $60.54 and its 200 day moving average is $52.53. 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 fifty-two week low of $38.52 and a fifty-two week high of $67.18. The stock has a market capitalization of $35.38 billion, a PE ratio of 15.66, a price-to-earnings-growth ratio of 1.10 and a beta of 1.36.

Ryanair (NASDAQ:RYAAY - Get Free Report) last issued its quarterly earnings data on Monday, July 21st. The transportation company reported $1.74 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $4.16 billion. Research analysts expect that Ryanair Holdings PLC will post 3.09 earnings per share for the current fiscal year.

Ryanair Increases Dividend

The firm also recently announced 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. This represents a yield of 120.0%. The ex-dividend date of this dividend is Friday, September 12th. This is an increase from Ryanair's previous -- dividend of $0.47. Ryanair's payout ratio is currently 14.55%.

About Ryanair

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.