U S Global Investors Inc. Has $9.05 Million Holdings in Ryanair Holdings PLC $RYAAY

U S Global Investors Inc. increased its position in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 34.1% in the second quarter, Holdings Channel.com reports. The institutional investor owned 139,753 shares of the transportation company’s stock after buying an additional 35,552 shares during the period. Ryanair makes up 0.9% of U S Global Investors Inc.’s holdings, making the stock its 25th biggest holding. U S Global Investors Inc.’s holdings in Ryanair were worth $9,049,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hudson Edge Investment Partners Inc. grew its holdings in Ryanair by 2.9% during the 1st quarter. Hudson Edge Investment Partners Inc. now owns 977,250 shares of the transportation company’s stock worth $56,485,000 after acquiring an additional 27,700 shares during the period. Y Intercept Hong Kong Ltd bought a new position in shares of Ryanair in the 1st quarter worth about $4,190,000. Assetmark Inc. lifted its stake in shares of Ryanair by 151.0% in the 4th quarter. Assetmark Inc. now owns 355,617 shares of the transportation company’s stock valued at $25,672,000 after purchasing an additional 213,948 shares during the period. Maven Securities LTD acquired a new position in shares of Ryanair in the 4th quarter valued at about $11,255,000. Finally, Metropolis Capital Ltd boosted its position in shares of Ryanair by 10.8% during the 1st quarter. Metropolis Capital Ltd now owns 3,949,246 shares of the transportation company’s stock valued at $228,266,000 after purchasing an additional 385,444 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Insider Buying and Selling

In other Ryanair news, insider Jason Paul Mcguinness sold 9,999 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $27.56, for a total transaction of $275,572.44. Following the completion of the transaction, the insider directly owned 14,305 shares of the company’s stock, valued at approximately $394,245.80. This represents a 41.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Darrell Thomas Hughes sold 8,197 shares of the stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total value of $213,203.97. Following the transaction, the insider directly owned 37,362 shares of the company’s stock, valued at approximately $971,785.62. This trade represents a 17.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 126,607 shares of company stock worth $3,386,997 in the last three months.

Ryanair Stock Performance

RYAAY opened at $59.17 on Friday. The firm has a market cap of $30.74 billion, a P/E ratio of 14.22, a PEG ratio of 1.86 and a beta of 1.16. The firm has a 50-day moving average of $61.38 and a 200 day moving average of $61.51. Ryanair Holdings PLC has a fifty-two week low of $53.14 and a fifty-two week high of $74.24.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Friday, July 17th. The transportation company reported $1.19 EPS for the quarter, missing the consensus estimate of $1.37 by ($0.18). The company had revenue of $5 billion during the quarter, compared to the consensus estimate of $5.06 billion. Ryanair had a return on equity of 21.23% and a net margin of 12.14%. Equities research analysts predict that Ryanair Holdings PLC will post 3.97 earnings per share for the current fiscal year.

Ryanair Announces Dividend

The business also recently declared a special dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, August 7th will be paid a dividend of $0.4434 per share. The ex-dividend date is Friday, August 7th. Ryanair’s dividend payout ratio (DPR) is presently 24.52%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Zacks Research raised Ryanair from a “strong sell” rating to a “hold” rating in a research note on Friday, July 17th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Ryanair in a report on Tuesday, July 21st. Morgan Stanley reissued an “overweight” rating on shares of Ryanair in a research report on Monday, June 22nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ryanair in a research report on Tuesday, July 14th. Finally, Citigroup reiterated a “buy” rating on shares of Ryanair in a report on Wednesday, July 1st. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $79.50.

Ryanair Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.