Ryanair Holdings PLC (NASDAQ:RYAAY) Shares Bought by XTX Topco Ltd

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 grew its position in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 169.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 13,972 shares of the transportation company's stock after purchasing an additional 8,783 shares during the period. XTX Topco Ltd's holdings in Ryanair were worth $592,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Ryanair by 26.6% during the first 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 during the period. Farther Finance Advisors LLC increased its position in Ryanair by 1,190.3% during the first quarter. Farther Finance Advisors LLC now owns 5,832 shares of the transportation company's stock worth $249,000 after buying an additional 5,380 shares during the last quarter. Envestnet Asset Management Inc. lifted its holdings in 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 grew its position in shares of Ryanair by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 962 shares of the transportation company's stock valued at $41,000 after purchasing an additional 481 shares during the last quarter. Finally, Bessemer Group Inc. boosted its position in shares of Ryanair by 351.1% in the first 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 during the period. 43.66% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on RYAAY. Wall Street Zen raised shares of Ryanair from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 26th. Citigroup reaffirmed 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 report on Wednesday, May 21st. Oddo Bhf raised Ryanair from an "underperform" rating to an "outperform" rating in a research note on Wednesday, July 16th. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Six research analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $111.50.

Ryanair Price Performance

Shares of RYAAY traded up $0.19 during mid-day trading on Thursday, reaching $64.80. The stock had a trading volume of 974,704 shares, compared to its average volume of 1,585,074. The firm has a market cap of $34.39 billion, a price-to-earnings ratio of 15.21, a PEG ratio of 1.05 and a beta of 1.36. Ryanair Holdings PLC has a 12 month low of $38.52 and a 12 month high of $64.99. The business has a fifty day moving average of $58.37 and a 200 day moving average of $50.87. 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 announced its quarterly earnings data on Monday, July 21st. The transportation company reported $1.74 earnings per share for the quarter, beating analysts' consensus estimates of $1.49 by $0.25. The company had revenue of $5.07 billion during the quarter, compared to analyst estimates of $4.16 billion. Ryanair had a net margin of 14.42% and a return on equity of 27.91%. Equities 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. Stockholders of record on Friday, August 8th will be given a $0.534 dividend. This represents a dividend yield of 120.0%. This is a positive change from Ryanair's previous -- dividend of $0.47. The ex-dividend date is Friday, September 12th. Ryanair's dividend payout ratio (DPR) is currently 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.