Ryanair Holdings PLC $RYAAY Shares Bought by CHICAGO TRUST Co NA

CHICAGO TRUST Co NA lifted its holdings in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 22.4% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,942 shares of the transportation company’s stock after purchasing an additional 1,455 shares during the quarter. CHICAGO TRUST Co NA’s holdings in Ryanair were worth $458,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in RYAAY. Price T Rowe Associates Inc. MD acquired a new stake in Ryanair in the 1st quarter worth about $118,071,000. Massachusetts Financial Services Co. MA lifted its holdings in shares of Ryanair by 4.4% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 29,324,514 shares of the transportation company’s stock worth $1,242,480,000 after acquiring an additional 1,233,059 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Ryanair by 658.1% in the first quarter. Goldman Sachs Group Inc. now owns 992,245 shares of the transportation company’s stock worth $42,041,000 after acquiring an additional 861,361 shares during the last quarter. Cambiar Investors LLC purchased a new stake in Ryanair in the first quarter valued at approximately $11,785,000. Finally, Ninety One UK Ltd acquired a new position in Ryanair during the first quarter worth approximately $11,761,000. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Stock Performance

Ryanair stock opened at $56.93 on Wednesday. Ryanair Holdings PLC has a 12-month low of $38.52 and a 12-month high of $67.18. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.66 and a quick ratio of 0.66. The company has a market capitalization of $30.15 billion, a price-to-earnings ratio of 13.36, a price-to-earnings-growth ratio of 0.66 and a beta of 1.37. The firm’s fifty day moving average price is $61.92 and its 200 day moving average price is $54.63.

Ryanair (NASDAQ:RYAAY) last announced its 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 return on equity of 27.91% and a net margin of 14.42%.The company had revenue of $5.07 billion during the quarter, compared to the consensus estimate of $4.16 billion. On average, research analysts forecast that Ryanair Holdings PLC will post 3.09 EPS for the current fiscal year.

Ryanair Increases Dividend

The business also recently declared a special dividend, which will be paid on Thursday, September 25th. Stockholders of record on Friday, August 8th will be given a dividend of $0.534 per share. The ex-dividend date of this dividend is Friday, September 12th. This is an increase from Ryanair’s previous special dividend of $0.47. Ryanair’s dividend payout ratio is 16.90%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on RYAAY shares. Oddo Bhf upgraded shares of Ryanair from an “underperform” rating to an “outperform” rating in a report on Wednesday, July 16th. Zacks Research raised shares of Ryanair from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 26th. The Goldman Sachs Group lowered shares of Ryanair from a “buy” rating to a “neutral” rating in a report on Monday, September 8th. Wall Street Zen upgraded Ryanair from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 26th. Finally, Raymond James Financial reissued a “strong-buy” rating and issued a $76.00 price objective (up from $70.00) on shares of Ryanair in a research report on Wednesday, July 23rd. Three research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Ryanair presently has a consensus rating of “Buy” and a consensus price target of $76.00.

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.