XTX Topco Ltd Has $592,000 Holdings in Ryanair Holdings PLC (NASDAQ:RYAAY)

Key Points

• XTX Topco Ltd significantly increased its stake in Ryanair Holdings PLC by 169.3% in the first quarter, owning 13,972 shares worth $592,000.
• Ryanair reported a quarterly EPS of $1.74, exceeding analysts' expectations and demonstrating strong financial performance with a revenue of $5.07 billion.
• The company has announced a dividend increase to $0.534 per share, representing a yield of 120.0%, up from the previous dividend of $0.47.

XTX Topco Ltd boosted its position in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 169.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,972 shares of the transportation company's stock after buying an additional 8,783 shares during the quarter. XTX Topco Ltd's holdings in Ryanair were worth $592,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Capital International Investors boosted its stake in Ryanair by 6.1% during the fourth quarter. Capital International Investors now owns 38,800,258 shares of the transportation company's stock worth $1,691,536,000 after buying an additional 2,231,153 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Ryanair by 4.4% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 29,324,514 shares of the transportation company's stock valued at $1,242,480,000 after acquiring an additional 1,233,059 shares in the last quarter. Renaissance Technologies LLC increased its stake in Ryanair by 19.3% in the fourth quarter. Renaissance Technologies LLC now owns 3,180,202 shares of the transportation company's stock valued at $138,625,000 after acquiring an additional 514,754 shares during the period. Brave Warrior Advisors LLC raised its position in Ryanair by 9.8% in the fourth quarter. Brave Warrior Advisors LLC now owns 5,604,258 shares of the transportation company's stock worth $244,290,000 after purchasing an additional 500,239 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Ryanair in the fourth quarter worth about $18,445,000. Institutional investors own 43.66% of the company's stock.

Ryanair Price Performance

Ryanair stock traded down $0.39 during mid-day trading on Friday, reaching $64.41. 757,796 shares of the company were exchanged, compared to its average volume of 1,632,734. The firm has a market cap of $34.18 billion, a PE ratio of 15.12, a PEG ratio of 1.07 and a beta of 1.36. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.66 and a quick ratio of 0.66. The company has a fifty day simple moving average of $58.72 and a 200-day simple moving average of $51.17. Ryanair Holdings PLC has a 12 month low of $38.52 and a 12 month high of $65.10.

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, topping analysts' consensus estimates of $1.49 by $0.25. Ryanair had a return on equity of 27.91% and a net margin of 14.42%. The company had revenue of $5.07 billion during the quarter, compared to analysts' expectations of $4.16 billion. As a group, equities research analysts expect that Ryanair Holdings PLC will post 3.09 earnings per share for the current fiscal year.

Ryanair Increases Dividend

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

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Sanford C. Bernstein reissued an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Wall Street Zen upgraded Ryanair from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 26th. Oddo Bhf upgraded Ryanair from an "underperform" rating to an "outperform" rating in a report on Wednesday, July 16th. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Finally, Raymond James Financial reiterated a "strong-buy" rating and issued a $76.00 price objective (up from $70.00) on shares of Ryanair in a research report on Wednesday, July 23rd. Six investment analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat, Ryanair presently has a consensus rating of "Buy" and a consensus target price of $111.50.

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.