Ryanair Holdings PLC $RYAAY Shares Bought by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC raised its position in Ryanair Holdings PLC (NASDAQ:RYAAY) by 6.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 5,429 shares of the transportation company’s stock after purchasing an additional 352 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Ryanair were worth $313,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of RYAAY. 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. 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. 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. Finally, Bessemer Group Inc. boosted its stake in shares of Ryanair by 351.1% during the first quarter. Bessemer Group Inc. now owns 19,247 shares of the transportation company’s stock valued at $816,000 after acquiring an additional 14,980 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Analysts Set New Price Targets

RYAAY has been the topic of a number of analyst reports. Raymond James Financial reaffirmed a “strong-buy” rating and set a $76.00 price objective (up previously from $70.00) on shares of Ryanair in a research note on Wednesday, July 23rd. Wall Street Zen raised Ryanair from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 4th. Oddo Bhf raised Ryanair from an “underperform” rating to an “outperform” rating in a research note on Wednesday, July 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryanair in a research note on Wednesday, October 8th. Finally, The Goldman Sachs Group lowered Ryanair from a “buy” rating to a “neutral” rating in a research note on Monday, September 8th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $76.00.

Ryanair Stock Performance

NASDAQ RYAAY opened at $61.80 on Tuesday. The firm has a market capitalization of $32.63 billion, a P/E ratio of 14.51, a P/E/G ratio of 0.67 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 $61.11 and its 200-day simple moving average is $56.65.

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 company also recently disclosed a special dividend, which was paid on Thursday, September 25th. Stockholders of record on Friday, August 8th were paid a $0.534 dividend. The ex-dividend date of this dividend was Friday, September 12th. This is an increase from Ryanair’s previous special dividend of $0.47. Ryanair’s dividend payout ratio is presently 16.90%.

About Ryanair

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.