ABC Arbitrage SA Makes New $930,000 Investment in Ryanair Holdings plc (NASDAQ:RYAAY)

ABC Arbitrage SA purchased a new position in shares of Ryanair Holdings plc (NASDAQ:RYAAY) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 21,339 shares of the transportation company’s stock, valued at approximately $930,000.

A number of other large investors have also recently bought and sold shares of the business. Janney Montgomery Scott LLC boosted its position in shares of Ryanair by 149.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 19,055 shares of the transportation company’s stock worth $861,000 after purchasing an additional 11,404 shares in the last quarter. Natixis Advisors LLC boosted its position in shares of Ryanair by 12.4% during the 3rd quarter. Natixis Advisors LLC now owns 393,030 shares of the transportation company’s stock worth $17,757,000 after purchasing an additional 43,449 shares in the last quarter. Charles Schwab Investment Management Inc. bought a new position in shares of Ryanair during the 3rd quarter worth about $4,067,000. Primecap Management Co. CA boosted its position in shares of Ryanair by 148.5% during the 3rd quarter. Primecap Management Co. CA now owns 1,068,250 shares of the transportation company’s stock worth $48,264,000 after purchasing an additional 638,350 shares in the last quarter. Finally, Stifel Financial Corp boosted its position in shares of Ryanair by 146.8% during the 3rd quarter. Stifel Financial Corp now owns 51,656 shares of the transportation company’s stock worth $2,334,000 after purchasing an additional 30,723 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Price Performance

Shares of NASDAQ RYAAY opened at $45.34 on Friday. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $60.29. The stock has a market cap of $24.51 billion, a price-to-earnings ratio of 13.90, a PEG ratio of 2.07 and a beta of 1.50. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. The firm’s 50-day simple moving average is $44.74 and its 200 day simple moving average is $63.74.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. As a group, research analysts anticipate that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

Ryanair Dividend Announcement

The company also recently disclosed a — dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 17th will be paid a $0.4677 dividend. The ex-dividend date is Friday, January 17th. This represents a yield of 4.2%. Ryanair’s dividend payout ratio (DPR) is 30.66%.

Analyst Ratings Changes

A number of research firms have recently issued reports on RYAAY. Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. UBS Group raised shares of Ryanair from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th. Finally, StockNews.com cut shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Five research analysts have rated the stock with a hold rating, two have given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat.com, Ryanair presently has an average rating of “Moderate Buy” and an average price target of $151.00.

Ryanair Company 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.