Ryanair Holdings PLC $RYAAY Shares Sold by Inspire Investing LLC

Inspire Investing LLC lowered its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 9.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,897 shares of the transportation company’s stock after selling 4,402 shares during the period. Inspire Investing LLC’s holdings in Ryanair were worth $2,416,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Ryanair by 26.6% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 7,725 shares of the transportation company’s stock valued at $327,000 after acquiring an additional 1,621 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Ryanair by 1,190.3% during the first quarter. Farther Finance Advisors LLC now owns 5,832 shares of the transportation company’s stock valued at $249,000 after acquiring an additional 5,380 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Ryanair by 19.9% during the first quarter. Envestnet Asset Management Inc. now owns 526,540 shares of the transportation company’s stock valued at $22,310,000 after acquiring an additional 87,532 shares during the last quarter. Golden State Wealth Management LLC boosted its stake in shares of Ryanair by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 962 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 481 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its stake in shares of Ryanair by 2.6% during the first quarter. Avantax Advisory Services Inc. now owns 8,094 shares of the transportation company’s stock valued at $343,000 after acquiring an additional 206 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. The Goldman Sachs Group lowered Ryanair from a “buy” rating to a “neutral” rating in a research note on Monday, September 8th. Zacks Research lowered Ryanair from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 22nd. Raymond James Financial reissued a “strong-buy” rating and issued a $76.00 price target (up from $70.00) on shares of Ryanair in a research note on Wednesday, July 23rd. Oddo Bhf raised Ryanair from an “underperform” rating to an “outperform” rating in a research note on Wednesday, July 16th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ryanair in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $76.00.

Ryanair Stock Performance

NASDAQ RYAAY opened at $60.35 on Friday. The firm has a market capitalization of $31.87 billion, a P/E ratio of 14.17, a P/E/G ratio of 0.68 and a beta of 1.38. Ryanair Holdings PLC has a 1-year low of $38.52 and a 1-year 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 business’s 50-day simple moving average is $61.43 and its 200-day simple moving average is $55.70.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data 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. The business had revenue of $5.07 billion for the quarter, compared to analyst estimates of $4.16 billion. Ryanair had a return on equity of 27.91% and a net margin of 14.42%. Equities analysts predict that Ryanair Holdings PLC will post 3.09 EPS for the current year.

Ryanair Increases Dividend

The business also recently announced a special dividend, which was paid on Thursday, September 25th. Investors of record on Friday, August 8th were issued a dividend of $0.534 per share. The ex-dividend date was Friday, September 12th. This is an increase from Ryanair’s previous special dividend of $0.47. Ryanair’s dividend payout ratio (DPR) is 16.90%.

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.