Boston Partners Decreases Stock Holdings in Ryanair Holdings PLC $RYAAY

Key Points

• Boston Partners reduced its stake in Ryanair Holdings by 16.3%, owning 468,258 shares worth approximately $19.8 million after selling 90,973 shares.
• Ryanair's most recent earnings report showed an EPS of $1.74, surpassing analysts' expectations by $0.25, along with a total revenue of $5.07 billion.
• The company has announced a dividend increase to $0.534 per share, set to be paid on September 25th, representing a 120% yield.

Boston Partners lessened its holdings in shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 16.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 468,258 shares of the transportation company's stock after selling 90,973 shares during the quarter. Boston Partners owned about 0.09% of Ryanair worth $19,847,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of RYAAY. Avantax Advisory Services Inc. raised 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 purchasing an additional 206 shares during the period. Vident Advisory LLC lifted its position in Ryanair by 2.4% in the fourth quarter. Vident Advisory LLC now owns 10,006 shares of the transportation company's stock worth $436,000 after buying an additional 230 shares during the last quarter. SG Americas Securities LLC boosted its stake in Ryanair by 0.3% during the first quarter. SG Americas Securities LLC now owns 85,781 shares of the transportation company's stock worth $3,635,000 after buying an additional 240 shares during the period. GAMMA Investing LLC boosted its stake in Ryanair by 13.2% during the first quarter. GAMMA Investing LLC now owns 2,278 shares of the transportation company's stock worth $97,000 after buying an additional 265 shares during the period. Finally, CWM LLC boosted its stake in Ryanair by 39.8% during the first 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. 43.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have commented on RYAAY. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Raymond James Financial reissued a "strong-buy" rating and issued a $76.00 price objective (up previously from $70.00) on shares of Ryanair in a research note on Wednesday, July 23rd. Oddo Bhf upgraded Ryanair from an "underperform" rating to an "outperform" rating in a research report on Wednesday, July 16th. Royal Bank Of Canada reiterated an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Finally, Citigroup reissued a "buy" rating on shares of Ryanair in a research note on Wednesday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. According to MarketBeat.com, Ryanair currently has a consensus rating of "Buy" and a consensus target price of $111.50.

Ryanair Trading Up 0.6%

Shares of Ryanair stock traded up $0.40 on Tuesday, hitting $66.08. 1,362,126 shares of the company traded hands, compared to its average volume of 1,558,259. The stock's 50 day moving average price is $59.98 and its 200-day moving average price is $52.14. 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 Holdings PLC has a 52 week low of $38.52 and a 52 week high of $67.18. The company has a market cap of $35.04 billion, a PE ratio of 15.51, a PEG ratio of 1.10 and a beta of 1.36.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its quarterly earnings results on Monday, July 21st. The transportation company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.49 by $0.25. Ryanair had a net margin of 14.42% and a return on equity of 27.91%. The firm had revenue of $5.07 billion during the quarter, compared to the consensus estimate of $4.16 billion. Equities research analysts predict that Ryanair Holdings PLC will post 3.09 EPS for the current year.

Ryanair Increases Dividend

The company also recently announced a -- dividend, which will be paid on Thursday, September 25th. Shareholders of record on Friday, August 8th will be issued a $0.534 dividend. The ex-dividend date is Friday, September 12th. This represents a dividend yield of 120.0%. This is a positive change from Ryanair's previous -- dividend of $0.47. 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.