Maven Securities LTD Grows Stock Holdings in Ryanair Holdings PLC $RYAAY

Key Points

• Maven Securities LTD increased its holdings in Ryanair Holdings PLC by 63.5%, acquiring an additional 45,924 shares, bringing its total to 118,267 shares valued at approximately $5 million.
• Ryanair's recent earnings report revealed an EPS of $1.74, exceeding analysts' expectations, with a revenue of $5.07 billion, significantly above the targeted $4.16 billion.
• The company recently announced a dividend of $0.534 per share, representing a yield of 120%, up from its previous dividend of $0.47.

Maven Securities LTD boosted its position in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 63.5% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 118,267 shares of the transportation company's stock after purchasing an additional 45,924 shares during the period. Maven Securities LTD's holdings in Ryanair were worth $5,011,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of RYAAY. Cambridge Investment Research Advisors Inc. grew its holdings in shares of Ryanair by 26.6% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 7,725 shares of the transportation company's stock valued at $327,000 after acquiring an additional 1,621 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Ryanair by 1,190.3% in the 1st quarter. Farther Finance Advisors LLC now owns 5,832 shares of the transportation company's stock valued at $249,000 after purchasing an additional 5,380 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Ryanair by 19.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 526,540 shares of the transportation company's stock valued at $22,310,000 after purchasing an additional 87,532 shares during the last quarter. Golden State Wealth Management LLC raised its stake in shares of Ryanair by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 962 shares of the transportation company's stock worth $41,000 after purchasing an additional 481 shares during the period. Finally, Avantax Advisory Services Inc. boosted its holdings in shares of Ryanair by 2.6% in the 1st quarter. Avantax Advisory Services Inc. now owns 8,094 shares of the transportation company's stock worth $343,000 after buying an additional 206 shares during the last quarter. Institutional investors own 43.66% of the company's stock.

Ryanair Price Performance

Shares of RYAAY stock traded up $1.59 during trading hours on Friday, reaching $66.72. The stock had a trading volume of 510,894 shares, compared to its average volume of 1,541,670. The stock's fifty day simple moving average is $60.54 and its 200 day simple moving average is $52.49. The firm has a market capitalization of $35.38 billion, a PE ratio of 15.66, a PEG ratio of 1.08 and a beta of 1.36. Ryanair Holdings PLC has a 12 month low of $38.52 and a 12 month high of $67.18. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02.

Ryanair (NASDAQ:RYAAY - Get Free Report) last announced 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 firm had revenue of $5.07 billion during the quarter, compared to the consensus estimate of $4.16 billion. Ryanair had a net margin of 14.42% and a return on equity of 27.91%. On average, equities research analysts predict that Ryanair Holdings PLC will post 3.09 EPS for the current year.

Ryanair Increases Dividend

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

Analysts Set New Price Targets

RYAAY has been the subject of a number of research analyst reports. Raymond James Financial restated a "strong-buy" rating and set a $76.00 price objective (up previously from $70.00) on shares of Ryanair in a report on Wednesday, July 23rd. Citigroup restated a "buy" rating on shares of Ryanair in a research note on Wednesday, May 21st. Royal Bank Of Canada reiterated an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Sanford C. Bernstein reissued an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Finally, Oddo Bhf raised Ryanair from an "underperform" rating to an "outperform" rating in a research report on Wednesday, July 16th. Two investment analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. Based on data from MarketBeat.com, Ryanair has an average rating of "Buy" and an average target price of $111.50.

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.