Ryanair Holdings plc (NASDAQ:RYAAY) Shares Sold by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd lowered its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 21.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 22,795 shares of the transportation company’s stock after selling 6,100 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Ryanair were worth $994,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of RYAAY. Sumitomo Mitsui Trust Group Inc. increased its stake in Ryanair by 172.2% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 75,354 shares of the transportation company’s stock valued at $3,285,000 after purchasing an additional 47,673 shares during the last quarter. Bleakley Financial Group LLC grew its position in shares of Ryanair by 2.6% in the 4th quarter. Bleakley Financial Group LLC now owns 23,061 shares of the transportation company’s stock valued at $1,005,000 after buying an additional 585 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Ryanair by 148.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,371 shares of the transportation company’s stock valued at $1,422,000 after buying an additional 19,320 shares during the last quarter. Osborne Partners Capital Management LLC raised its stake in Ryanair by 2.2% during the 4th quarter. Osborne Partners Capital Management LLC now owns 203,961 shares of the transportation company’s stock worth $8,891,000 after acquiring an additional 4,355 shares in the last quarter. Finally, Haven Global Partners LLC purchased a new stake in Ryanair in the fourth quarter valued at $19,029,000. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Stock Performance

Shares of RYAAY stock opened at $45.00 on Wednesday. The stock’s 50-day moving average price is $44.75 and its 200 day moving average price is $64.78. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $24.32 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 2.07 and a beta of 1.50. Ryanair Holdings plc has a 52-week low of $36.96 and a 52-week high of $60.29.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 research analysts forecast that Ryanair Holdings plc will post 3.09 EPS for the current year.

Ryanair Dividend Announcement

The business also recently announced a — dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 17th will be issued 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 presently 30.66%.

Analyst Upgrades and Downgrades

RYAAY has been the topic of several research reports. UBS Group raised Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. StockNews.com downgraded Ryanair from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Finally, Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. Five investment analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $151.00.

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.