Natixis Advisors LLC Has $43.83 Million Stake in 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 raised its position in shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 5.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,034,561 shares of the transportation company's stock after purchasing an additional 54,439 shares during the quarter. Natixis Advisors LLC owned 0.19% of Ryanair worth $43,834,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of RYAAY. Avantax Advisory Services Inc. increased its position in Ryanair by 2.6% during the first quarter. Avantax Advisory Services Inc. now owns 8,094 shares of the transportation company's stock valued at $343,000 after acquiring an additional 206 shares during the last quarter. Vident Advisory LLC lifted its position in shares of Ryanair by 2.4% during the fourth quarter. Vident Advisory LLC now owns 10,006 shares of the transportation company's stock valued at $436,000 after buying an additional 230 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Ryanair by 0.3% during the first quarter. SG Americas Securities LLC now owns 85,781 shares of the transportation company's stock valued at $3,635,000 after acquiring an additional 240 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Ryanair by 13.2% during the first quarter. GAMMA Investing LLC now owns 2,278 shares of the transportation company's stock valued at $97,000 after acquiring an additional 265 shares in the last quarter. Finally, CWM LLC increased its holdings in Ryanair by 39.8% in the 1st quarter. CWM LLC now owns 1,191 shares of the transportation company's stock worth $50,000 after buying an additional 339 shares during the period. Hedge funds and other institutional investors own 43.66% of the company's stock.

Analysts Set New Price Targets

RYAAY has been the subject of a number of recent research reports. Citigroup reaffirmed a "buy" 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 report on Wednesday, May 21st. Royal Bank Of Canada reissued an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Wall Street Zen raised Ryanair from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 26th. Finally, Oddo Bhf upgraded Ryanair from an "underperform" rating to an "outperform" rating in a research report on Wednesday, July 16th. Six equities research analysts have rated the stock with a buy rating and four have given a strong buy rating to the company. According to MarketBeat, Ryanair presently has an average rating of "Buy" and a consensus target price of $111.50.

Ryanair Price Performance

Shares of RYAAY stock traded up $0.03 during trading hours on Tuesday, hitting $63.80. The company had a trading volume of 425,155 shares, compared to its average volume of 1,589,931. Ryanair Holdings PLC has a 12 month low of $38.52 and a 12 month high of $64.06. The firm has a market capitalization of $33.86 billion, a price-to-earnings ratio of 14.97, a PEG ratio of 1.02 and a beta of 1.36. The firm's fifty day moving average is $58.06 and its 200 day moving average is $50.68. 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 posted its quarterly earnings data on Monday, July 21st. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $5.07 billion for the quarter, compared to the consensus estimate of $4.16 billion. On average, sell-side analysts predict that Ryanair Holdings PLC will post 3.09 EPS for the current fiscal year.

Ryanair Increases Dividend

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

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.