U S Global Investors Inc. Has $9.05 Million Stock Holdings in Ryanair Holdings PLC $RYAAY

Key Points

• U S Global Investors increased its Ryanair stake by 34.1% in the second quarter, bringing its holdings to 139,753 shares valued at approximately $9.05 million. Institutional investors collectively own 43.66% of the company.
• Ryanair reported quarterly earnings of $1.19 per share, below the $1.37 analyst consensus, while revenue of $5 billion also fell short of estimates. The company declared a special dividend of $0.4434 per share.
• Analysts maintain a “Moderate Buy” consensus on RYAAY, with an average price target of $79.50 versus the stock’s reported price of $59.17; however, insiders sold 126,607 shares worth about $3.39 million over the past three months.

U S Global Investors Inc. boosted its stake in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 34.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 139,753 shares of the transportation company's stock after purchasing an additional 35,552 shares during the period. Ryanair comprises about 0.9% of U S Global Investors Inc.'s holdings, making the stock its 25th largest holding. U S Global Investors Inc.'s holdings in Ryanair were worth $9,049,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in RYAAY. CIBC Private Wealth Group LLC grew its stake in shares of Ryanair by 280.6% during the third quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company's stock worth $28,000 after buying an additional 348 shares during the last quarter. Pin Oak Investment Advisors Inc. lifted its stake in shares of Ryanair by 76.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company's stock valued at $29,000 after acquiring an additional 209 shares during the last quarter. Brown Brothers Harriman & Co. lifted its stake in shares of Ryanair by 2,929.4% in the 4th quarter. Brown Brothers Harriman & Co. now owns 515 shares of the transportation company's stock valued at $37,000 after acquiring an additional 498 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Ryanair by 39.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 584 shares of the transportation company's stock valued at $42,000 after acquiring an additional 165 shares in the last quarter. Finally, Larson Financial Group LLC boosted its holdings in shares of Ryanair by 64.9% during the 4th quarter. Larson Financial Group LLC now owns 653 shares of the transportation company's stock valued at $47,000 after acquiring an additional 257 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company's stock.

Ryanair Stock Performance

Shares of NASDAQ:RYAAY opened at $59.17 on Friday. The firm has a market cap of $30.74 billion, a PE ratio of 14.22, a price-to-earnings-growth ratio of 1.86 and a beta of 1.16. The firm's fifty day moving average is $61.38 and its 200-day moving average is $61.51. Ryanair Holdings PLC has a 52 week low of $53.14 and a 52 week high of $74.24.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its quarterly earnings data on Friday, July 17th. The transportation company reported $1.19 earnings per share for the quarter, missing analysts' consensus estimates of $1.37 by ($0.18). The company had revenue of $5 billion during the quarter, compared to analyst estimates of $5.06 billion. Ryanair had a net margin of 12.14% and a return on equity of 21.23%. Sell-side analysts forecast that Ryanair Holdings PLC will post 3.97 EPS for the current year.

Ryanair Dividend Announcement

The business also recently declared a special dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, August 7th will be given a $0.4434 dividend. The ex-dividend date is Friday, August 7th. Ryanair's payout ratio is 24.52%.

Insider Transactions at Ryanair

In other news, insider John Jh Hurley sold 15,000 shares of the firm's stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $31.24, for a total transaction of $468,600.00. Following the completion of the transaction, the insider directly owned 76,025 shares in the company, valued at $2,375,021. This trade represents a 16.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Carol Marie Sharkey sold 6,999 shares of Ryanair stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $182,043.99. Following the completion of the transaction, the insider directly owned 14,136 shares in the company, valued at approximately $367,677.36. This represents a 33.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 126,607 shares of company stock worth $3,386,997.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on RYAAY. Citigroup restated a "buy" rating on shares of Ryanair in a research report on Wednesday, July 1st. Zacks Research upgraded Ryanair from a "strong sell" rating to a "hold" rating in a research report on Friday, July 17th. Sanford C. Bernstein reissued an "outperform" rating on shares of Ryanair in a research note on Tuesday, July 21st. Royal Bank Of Canada restated an "outperform" rating on shares of Ryanair in a report on Tuesday, May 19th. Finally, Weiss Ratings raised Ryanair from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday, July 21st. Six equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $79.50.

Ryanair Company Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe's largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.

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