Teewinot Capital Advisers L.L.C. Acquires 106,466 Shares of Ryanair Holdings PLC $RYAAY

Key Points

• Teewinot Capital Advisers L.L.C. increased its holdings in Ryanair Holdings PLC by 19.2%, owning a total of 660,077 shares valued at approximately $27.97 million, making Ryanair its 17th largest position.
• Ryanair has received multiple upgrades from analysts, with ratings shifting from "underperform" to "outperform," reflecting positive market sentiment and a consensus target price of $76.00.
• The company recently announced a special dividend of $0.534 per share, increasing from the previous rate of $0.47, resulting in a substantial yield of 120% for shareholders.

Teewinot Capital Advisers L.L.C. boosted its position in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 19.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 660,077 shares of the transportation company's stock after purchasing an additional 106,466 shares during the quarter. Ryanair comprises about 2.9% of Teewinot Capital Advisers L.L.C.'s portfolio, making the stock its 17th biggest holding. Teewinot Capital Advisers L.L.C. owned approximately 0.12% of Ryanair worth $27,967,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC raised its holdings in Ryanair by 100.0% in the 1st quarter. Golden State Wealth Management LLC now owns 962 shares of the transportation company's stock valued at $41,000 after acquiring an additional 481 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC raised its holdings in Ryanair by 1,158.0% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,019 shares of the transportation company's stock valued at $43,000 after acquiring an additional 938 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Ryanair during the 1st quarter worth $48,000. CWM LLC raised its holdings in shares of Ryanair by 39.8% during 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 in the last quarter. Finally, Brooklyn Investment Group raised its holdings in shares of Ryanair by 260.5% during the 1st quarter. Brooklyn Investment Group now owns 1,424 shares of the transportation company's stock worth $60,000 after buying an additional 1,029 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Citigroup reissued a "buy" 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. Zacks Research raised Ryanair from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 26th. Sanford C. Bernstein reissued an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Finally, The Goldman Sachs Group cut Ryanair from a "buy" rating to a "neutral" rating in a report on Monday. Three investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $76.00.

Ryanair Trading Down 1.4%

Shares of NASDAQ RYAAY traded down $0.82 during trading on Friday, reaching $58.61. The company had a trading volume of 711,527 shares, compared to its average volume of 1,495,395. The company's fifty day moving average price is $62.05 and its 200-day moving average price is $54.07. Ryanair Holdings PLC has a 12 month low of $38.52 and a 12 month high of $67.18. The stock has a market cap of $31.08 billion, a P/E ratio of 13.77, a PEG ratio of 0.70 and a beta of 1.37. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.02.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its quarterly earnings results on Monday, July 21st. The transportation company reported $1.74 EPS for the quarter, beating 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 firm had revenue of $5.07 billion for the quarter, compared to analyst estimates of $4.16 billion. As a group, research analysts expect that Ryanair Holdings PLC will post 3.09 earnings per share for the current year.

Ryanair Increases Dividend

The business also recently declared a special dividend, which will be paid on Thursday, September 25th. Shareholders of record on Friday, August 8th will be given a $0.534 dividend. This is a boost from Ryanair's previous special dividend of $0.47. The ex-dividend date is Friday, September 12th. Ryanair's dividend payout ratio is presently 14.55%.

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.