Janus Henderson Group PLC Purchases 185,110 Shares of Ryanair Holdings PLC $RYAAY

Janus Henderson Group PLC increased its position in Ryanair Holdings PLC (NASDAQ:RYAAY) by 3.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 5,752,264 shares of the transportation company’s stock after acquiring an additional 185,110 shares during the quarter. Janus Henderson Group PLC’s holdings in Ryanair were worth $332,480,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Capital International Investors boosted its position in Ryanair by 6.6% during the 4th quarter. Capital International Investors now owns 39,929,929 shares of the transportation company’s stock worth $2,884,834,000 after buying an additional 2,464,742 shares during the period. Capital World Investors increased its position in Ryanair by 1.0% in the 4th quarter. Capital World Investors now owns 31,051,257 shares of the transportation company’s stock valued at $2,241,612,000 after acquiring an additional 312,323 shares during the period. Price T Rowe Associates Inc. MD increased its position in Ryanair by 15.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,304,889 shares of the transportation company’s stock valued at $527,341,000 after acquiring an additional 985,939 shares during the period. Metropolis Capital Ltd raised its stake in shares of Ryanair by 10.8% during the first quarter. Metropolis Capital Ltd now owns 3,949,246 shares of the transportation company’s stock valued at $228,266,000 after acquiring an additional 385,444 shares during the last quarter. Finally, Wellington Management Group LLP raised its stake in shares of Ryanair by 58.0% during the fourth quarter. Wellington Management Group LLP now owns 3,895,021 shares of the transportation company’s stock valued at $281,182,000 after acquiring an additional 1,429,666 shares during the last quarter. Institutional investors own 43.66% of the company’s stock.

Insider Activity at Ryanair

In related news, insider John Jh Hurley sold 15,000 shares of the business’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $31.24, for a total transaction of $468,600.00. Following the transaction, the insider owned 76,025 shares in the company, valued at $2,375,021. The trade was a 16.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CMO Dara Brady sold 8,973 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total transaction of $233,387.73. Following the transaction, the chief marketing officer directly owned 17,550 shares in the company, valued at approximately $456,475.50. This represents a 33.83% 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. Over the last quarter, insiders have sold 126,607 shares of company stock worth $3,386,997.

Ryanair Price Performance

Shares of Ryanair stock opened at $60.17 on Friday. The stock’s 50-day moving average is $61.32 and its 200 day moving average is $62.18. Ryanair Holdings PLC has a one year low of $53.14 and a one year high of $74.24. The firm has a market cap of $31.26 billion, a price-to-earnings ratio of 14.46, a PEG ratio of 1.82 and a beta of 1.15.

Ryanair (NASDAQ:RYAAY) last issued its earnings results 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 return on equity of 21.23% and a net margin of 12.14%.The business had revenue of $5 billion during the quarter, compared to the consensus estimate of $5.06 billion. On average, sell-side analysts expect that Ryanair Holdings PLC will post 3.95 EPS for the current fiscal year.

Ryanair Dividend Announcement

The business also recently disclosed a special dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, August 7th will be given a dividend of $0.4434 per share. The ex-dividend date of this dividend is Friday, August 7th. Ryanair’s dividend payout ratio (DPR) is 17.07%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on RYAAY shares. Zacks Research upgraded shares of Ryanair from a “strong sell” rating to a “hold” rating in a report on Friday, July 17th. Weiss Ratings upgraded Ryanair from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, July 21st. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Ryanair in a research report on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ryanair in a report on Tuesday, July 14th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a research report on Tuesday, May 19th. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Ryanair currently has a consensus rating of “Moderate Buy” and an average target price of $79.50.

About Ryanair

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.