Aigen Investment Management LP acquired a new position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,083 shares of the transportation company's stock, valued at approximately $309,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Paradigm Asset Management Co. LLC lifted its stake in Ryanair by 87.5% in the third quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company's stock valued at $34,000 after purchasing an additional 350 shares during the last quarter. R Squared Ltd bought a new stake in Ryanair during the 4th quarter valued at $42,000. Pinnacle Bancorp Inc. raised its holdings in Ryanair by 150.0% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company's stock valued at $47,000 after acquiring an additional 645 shares during the period. TD Private Client Wealth LLC raised its holdings in Ryanair by 148.6% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company's stock valued at $54,000 after acquiring an additional 709 shares during the period. Finally, GAMMA Investing LLC raised its holdings in Ryanair by 125.4% during the 4th quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company's stock valued at $88,000 after acquiring an additional 1,120 shares during the period. 43.66% of the stock is owned by institutional investors.
Shares of NASDAQ:RYAAY traded up $0.55 on Friday, reaching $48.34. 2,215,250 shares of the company traded hands, compared to its average volume of 1,578,199. The business's 50-day simple moving average is $45.31 and its 200 day simple moving average is $57.77. Ryanair Holdings plc has a 52 week low of $36.96 and a 52 week high of $60.29. The stock has a market capitalization of $26.13 billion, a P/E ratio of 14.82, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21.
Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. As a group, equities analysts anticipate that Ryanair Holdings plc will post 3.09 EPS for the current fiscal year.
The company also recently disclosed a -- dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 17th will be given a dividend of $0.4677 per share. The ex-dividend date of this dividend is Friday, January 17th. This represents a yield of 4.2%. Ryanair's payout ratio is 30.37%.
Several research analysts have recently weighed in on RYAAY shares. StockNews.com cut shares of Ryanair from a "buy" rating to a "hold" rating in a report on Thursday, February 6th. UBS Group raised Ryanair from a "hold" rating to a "strong-buy" rating in a research note on Monday, November 11th. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, Ryanair has a consensus rating of "Moderate Buy" and an average price target of $151.00.
Get Our Latest Report on RYAAY
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.
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