Universal Beteiligungs und Servicegesellschaft mbH Has $40.31 Million Stock Holdings in Ryan Specialty Holdings Inc. $RYAN

Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Ryan Specialty Holdings Inc. (NYSE:RYAN) by 18.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 769,333 shares of the company’s stock after acquiring an additional 118,537 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Ryan Specialty were worth $40,312,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Ameritas Investment Partners Inc. lifted its position in shares of Ryan Specialty by 0.9% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 21,119 shares of the company’s stock worth $1,190,000 after purchasing an additional 185 shares during the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of Ryan Specialty by 0.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 32,797 shares of the company’s stock worth $1,848,000 after purchasing an additional 203 shares during the last quarter. Securian Asset Management Inc. raised its holdings in Ryan Specialty by 2.9% in the 3rd quarter. Securian Asset Management Inc. now owns 8,438 shares of the company’s stock valued at $476,000 after acquiring an additional 241 shares in the last quarter. Fifth Third Bancorp raised its holdings in Ryan Specialty by 65.4% in the 3rd quarter. Fifth Third Bancorp now owns 612 shares of the company’s stock valued at $34,000 after acquiring an additional 242 shares in the last quarter. Finally, Snowden Capital Advisors LLC raised its holdings in Ryan Specialty by 1.3% in the 2nd quarter. Snowden Capital Advisors LLC now owns 21,135 shares of the company’s stock valued at $1,437,000 after acquiring an additional 264 shares in the last quarter. Institutional investors and hedge funds own 84.82% of the company’s stock.

Insider Buying and Selling at Ryan Specialty

In related news, Director Patrick G. Ryan, Jr. acquired 25,500 shares of the stock in a transaction dated Monday, February 23rd. The shares were bought at an average cost of $39.96 per share, for a total transaction of $1,018,980.00. Following the purchase, the director owned 428,295 shares in the company, valued at approximately $17,114,668.20. This trade represents a 6.33% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 52.03% of the company’s stock.

Analyst Upgrades and Downgrades

RYAN has been the subject of several recent research reports. The Goldman Sachs Group cut their price target on Ryan Specialty from $57.00 to $49.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Wells Fargo & Company cut their price target on Ryan Specialty from $56.00 to $42.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Cantor Fitzgerald cut their price target on Ryan Specialty from $45.00 to $40.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Morgan Stanley cut their price target on Ryan Specialty from $55.00 to $50.00 and set an “overweight” rating for the company in a report on Monday, April 6th. Finally, Keefe, Bruyette & Woods cut their price target on Ryan Specialty from $55.00 to $49.00 and set an “outperform” rating for the company in a report on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, Ryan Specialty currently has an average rating of “Hold” and an average price target of $51.35.

Ryan Specialty Trading Down 5.0%

RYAN stock opened at $36.32 on Thursday. Ryan Specialty Holdings Inc. has a 1-year low of $31.50 and a 1-year high of $72.50. The firm has a market cap of $9.60 billion, a P/E ratio of 86.48, a P/E/G ratio of 1.03 and a beta of 0.71. The business’s 50 day moving average is $36.75 and its 200-day moving average is $47.31. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 2.62.

Ryan Specialty (NYSE:RYAN) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.45 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.05). Ryan Specialty had a net margin of 7.02% and a return on equity of 46.41%. The company had revenue of $751.21 million during the quarter, compared to the consensus estimate of $777.43 million. During the same quarter in the prior year, the company posted $0.45 earnings per share. The company’s revenue for the quarter was up 13.2% on a year-over-year basis. Equities analysts anticipate that Ryan Specialty Holdings Inc. will post 2.24 earnings per share for the current fiscal year.

Ryan Specialty Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were paid a $0.13 dividend. The ex-dividend date was Tuesday, February 24th. This represents a $0.52 annualized dividend and a dividend yield of 1.4%. This is an increase from Ryan Specialty’s previous quarterly dividend of $0.12. Ryan Specialty’s dividend payout ratio is currently 123.81%.

About Ryan Specialty

Ryan Specialty Group, Inc (NYSE: RYAN) is a global specialty insurance and reinsurance platform that partners with a network of insurers and reinsurers to deliver tailored risk solutions. The company focuses on complex and large-scale risks across multiple industry sectors, leveraging its underwriting expertise to structure coverage programs that meet clients’ unique needs.

Ryan Specialty’s core offerings span a diverse range of specialty lines, including casualty, property, professional liability, marine and energy, program administration, and sports and entertainment.