Ryanair Holdings plc (NASDAQ:RYAAY) Stock Position Raised by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. increased its stake in Ryanair Holdings plc (NASDAQ:RYAAY) by 57.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 71,449 shares of the transportation company’s stock after acquiring an additional 26,126 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Ryanair were worth $3,114,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Paradigm Asset Management Co. LLC lifted its position in shares of Ryanair by 87.5% in the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 350 shares in the last quarter. R Squared Ltd acquired a new stake in Ryanair during the 4th quarter valued at $42,000. Pinnacle Bancorp Inc. lifted its holdings in shares of Ryanair by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock valued at $47,000 after purchasing an additional 645 shares in the last quarter. TD Private Client Wealth LLC boosted its position in shares of Ryanair by 148.6% in the third quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company’s stock worth $54,000 after buying an additional 709 shares during the period. Finally, GAMMA Investing LLC grew its holdings in shares of Ryanair by 125.4% during the fourth quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company’s stock valued at $88,000 after buying an additional 1,120 shares in the last quarter. 43.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on RYAAY shares. UBS Group raised Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. StockNews.com cut shares of Ryanair from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.00.

Ryanair Stock Performance

Shares of NASDAQ RYAAY opened at $48.53 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $60.29. The business’s 50-day moving average price is $44.90 and its two-hundred day moving average price is $59.67. The company has a market capitalization of $26.23 billion, a P/E ratio of 14.88, a price-to-earnings-growth ratio of 2.01 and a beta of 1.50.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Analysts anticipate that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

Ryanair Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, January 17th will be issued a dividend of $0.4677 per share. The ex-dividend date is Friday, January 17th. This represents a dividend yield of 4.2%. Ryanair’s dividend payout ratio is currently 30.67%.

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.