Natixis Advisors LLC Acquires 54,439 Shares of Ryanair Holdings PLC (NASDAQ:RYAAY)

Key Points

• Natixis Advisors LLC increased its stake in Ryanair Holdings PLC by 5.6%, acquiring an additional 54,439 shares, bringing its total to 1,034,561 shares worth approximately $43.8 million.
• Ryanair reported earnings of $1.74 per share for the last quarter, surpassing analysts' expectations of $1.49, with a revenue of $5.07 billion.
• The company announced a dividend increase to $0.534, with a yield of 120.0%, marking a boost from the previous dividend of $0.47.

Natixis Advisors LLC lifted its holdings in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 5.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,034,561 shares of the transportation company's stock after buying an additional 54,439 shares during the quarter. Natixis Advisors LLC owned approximately 0.19% of Ryanair worth $43,834,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. grew its holdings in Ryanair by 26.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 7,725 shares of the transportation company's stock worth $327,000 after acquiring an additional 1,621 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Ryanair by 1,190.3% during the first 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 in the last quarter. Envestnet Asset Management Inc. increased its holdings in Ryanair by 19.9% during the first quarter. Envestnet Asset Management Inc. now owns 526,540 shares of the transportation company's stock valued at $22,310,000 after buying an additional 87,532 shares during the period. Golden State Wealth Management LLC lifted its holdings 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 buying an additional 481 shares during the period. Finally, Bessemer Group Inc. boosted its position in Ryanair by 351.1% during the 1st quarter. Bessemer Group Inc. now owns 19,247 shares of the transportation company's stock valued at $816,000 after acquiring an additional 14,980 shares in the last quarter. 43.66% of the stock is owned by institutional investors.

Ryanair Stock Up 0.4%

RYAAY opened at $62.27 on Friday. The stock has a market capitalization of $33.05 billion, a P/E ratio of 14.62, a price-to-earnings-growth ratio of 1.02 and a beta of 1.38. Ryanair Holdings PLC has a one year low of $38.39 and a one year high of $63.90. The business's 50-day simple moving average is $57.79 and its 200-day simple moving average is $50.28. 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 released its quarterly earnings results on Monday, July 21st. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.49 by $0.25. The firm had revenue of $5.07 billion for the quarter, compared to analyst estimates of $4.16 billion. Ryanair had a return on equity of 27.91% and a net margin of 14.42%. Analysts anticipate that Ryanair Holdings PLC will post 3.09 EPS for the current year.

Ryanair Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on RYAAY shares. Sanford C. Bernstein reiterated an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Wall Street Zen upgraded Ryanair from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 26th. Raymond James Financial restated a "strong-buy" rating and set a $76.00 price objective (up from $70.00) on shares of Ryanair in a research report on Wednesday, July 23rd. Citigroup restated a "buy" rating on shares of Ryanair in a research report on Wednesday, May 21st. Finally, Royal Bank Of Canada restated an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Six equities research analysts have rated the stock with a buy rating and four have given a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Buy" and an average price target of $111.50.

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.

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