U S Global Investors Inc. Has $7.87 Million Position in Ryanair Holdings PLC $RYAAY

U S Global Investors Inc. lessened its holdings in Ryanair Holdings PLC (NASDAQ:RYAAY) by 7.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 130,647 shares of the transportation company’s stock after selling 10,136 shares during the period. U S Global Investors Inc.’s holdings in Ryanair were worth $7,868,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in RYAAY. USA Financial Formulas acquired a new stake in shares of Ryanair in the 3rd quarter valued at $26,000. Financial Management Professionals Inc. bought a new position in Ryanair during the 2nd quarter valued at about $31,000. Parkside Financial Bank & Trust lifted its holdings in Ryanair by 250.9% during the 2nd quarter. Parkside Financial Bank & Trust now owns 593 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 424 shares during the last quarter. Wealth Preservation Advisors LLC acquired a new position in Ryanair in the second quarter valued at about $39,000. Finally, Global Retirement Partners LLC grew its stake in Ryanair by 68.1% during the third quarter. Global Retirement Partners LLC now owns 684 shares of the transportation company’s stock worth $41,000 after buying an additional 277 shares during the last quarter. Institutional investors own 43.66% of the company’s stock.

Ryanair Stock Performance

Shares of NASDAQ:RYAAY opened at $72.50 on Friday. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.02. Ryanair Holdings PLC has a 1-year low of $38.52 and a 1-year high of $73.92. The stock has a market capitalization of $38.11 billion, a P/E ratio of 13.94, a P/E/G ratio of 0.74 and a beta of 1.25. The business has a 50-day moving average price of $67.04 and a two-hundred day moving average price of $62.77.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, November 3rd. The transportation company reported $3.76 EPS for the quarter, topping the consensus estimate of $3.62 by $0.14. The company had revenue of $6.41 billion during the quarter, compared to analysts’ expectations of $5.44 billion. Ryanair had a net margin of 16.29% and a return on equity of 31.32%. Equities analysts predict that Ryanair Holdings PLC will post 3.09 earnings per share for the current year.

Ryanair Dividend Announcement

The firm also recently announced a special dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Friday, January 16th will be issued a dividend of $0.4545 per share. The ex-dividend date of this dividend is Friday, January 16th. Ryanair’s payout ratio is currently 13.85%.

Analyst Ratings Changes

RYAAY has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Ryanair in a report on Monday, December 29th. Morgan Stanley restated an “overweight” rating on shares of Ryanair in a research report on Monday, December 15th. Sanford C. Bernstein downgraded Ryanair from an “outperform” rating to a “market perform” rating in a research report on Tuesday, November 4th. Citigroup reissued a “buy” rating on shares of Ryanair in a research note on Thursday, October 23rd. Finally, Zacks Research cut Ryanair from a “strong-buy” rating to a “hold” rating in a report on Monday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $76.00.

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.