Metropolis Capital Ltd lowered its position in Ryanair Holdings PLC (NASDAQ:RYAAY – Free Report) by 1.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,342,710 shares of the transportation company’s stock after selling 70,967 shares during the period. Ryanair makes up about 6.6% of Metropolis Capital Ltd’s portfolio, making the stock its 8th largest position. Metropolis Capital Ltd owned approximately 0.84% of Ryanair worth $238,892,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of RYAAY. Janus Henderson Group PLC lifted its position in Ryanair by 3.3% during the first quarter. Janus Henderson Group PLC now owns 5,752,264 shares of the transportation company’s stock valued at $332,480,000 after acquiring an additional 185,110 shares during the last quarter. Wellington Management Group LLP grew its holdings in Ryanair by 0.4% in the second quarter. Wellington Management Group LLP now owns 4,007,671 shares of the transportation company’s stock worth $259,497,000 after purchasing an additional 14,074 shares during the last quarter. Trinity Street Asset Management LLP increased its position in shares of Ryanair by 3.2% during the second quarter. Trinity Street Asset Management LLP now owns 3,567,449 shares of the transportation company’s stock worth $230,992,000 after purchasing an additional 110,700 shares in the last quarter. Sei Investments Co. increased its position in shares of Ryanair by 34.3% during the first quarter. Sei Investments Co. now owns 2,172,317 shares of the transportation company’s stock worth $125,560,000 after purchasing an additional 555,029 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of Ryanair by 9.0% during the first quarter. Bank of America Corp DE now owns 2,052,677 shares of the transportation company’s stock worth $118,645,000 after purchasing an additional 170,242 shares in the last quarter. Hedge funds and other institutional investors own 43.65% of the company’s stock.
Ryanair Price Performance
RYAAY traded up $1.42 on Tuesday, reaching $53.92. 705,569 shares of the stock were exchanged, compared to its average volume of 1,500,366. The company’s 50-day moving average price is $54.88 and its 200 day moving average price is $58.19. The firm has a market capitalization of $27.93 billion, a PE ratio of 12.97, a PEG ratio of 4.30 and a beta of 1.19. Ryanair Holdings PLC has a fifty-two week low of $51.02 and a fifty-two week high of $74.24.
Ryanair (NASDAQ:RYAAY – Get Free Report) last announced its quarterly earnings data on Friday, July 17th. The transportation company reported $1.19 earnings per share for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.18). Ryanair had a net margin of 12.14% and a return on equity of 21.23%. The firm had revenue of $5 billion during the quarter, compared to analyst estimates of $5.06 billion. As a group, equities analysts forecast that Ryanair Holdings PLC will post 3.76 earnings per share for the current fiscal year.
Ryanair Announces Dividend
The company also recently announced a special dividend, which was paid on Monday, September 28th. Investors of record on Friday, August 7th were issued a dividend of $0.4434 per share. Ryanair’s dividend payout ratio (DPR) is 28.37%.
Analyst Ratings Changes
A number of analysts have recently weighed in on RYAAY shares. Raymond James Financial reissued a “strong-buy” rating and issued a $74.00 price objective on shares of Ryanair in a research report on Monday, August 24th. Citigroup reiterated a “buy” rating on shares of Ryanair in a research note on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Ryanair in a research note on Tuesday, July 14th. Morgan Stanley assumed coverage on Ryanair in a report on Friday, August 14th. They issued an “overweight” rating and a $62.90 price target for the company. Finally, Zacks Research upgraded Ryanair from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $73.97.
Read Our Latest Report on Ryanair
Ryanair Profile
Ryanair Holdings plc is an Ireland-based airline group and the parent company of Ryanair, one of Europe’s largest low-cost carriers. The group operates a primarily short-haul network focused on affordable air travel, offering scheduled passenger flights, seat reservations, priority boarding, and related travel services.
Ryanair’s airline operations include Ryanair DAC, Malta Air, Buzz, Lauda, and Ryanair UK. Together, these carriers serve destinations across Europe and selected markets in North Africa and the Middle East, connecting major cities and regional airports through a point-to-point route network.
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