Coronation Fund Managers Ltd. Boosts Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Coronation Fund Managers Ltd. grew its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 21.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 730,732 shares of the transportation company’s stock after buying an additional 126,618 shares during the quarter. Ryanair accounts for 1.9% of Coronation Fund Managers Ltd.’s portfolio, making the stock its 20th largest position. Coronation Fund Managers Ltd.’s holdings in Ryanair were worth $31,853,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its holdings in Ryanair by 149.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 19,055 shares of the transportation company’s stock worth $861,000 after acquiring an additional 11,404 shares during the period. Natixis Advisors LLC boosted its stake in shares of Ryanair by 12.4% in the third quarter. Natixis Advisors LLC now owns 393,030 shares of the transportation company’s stock valued at $17,757,000 after purchasing an additional 43,449 shares during the period. Charles Schwab Investment Management Inc. acquired a new stake in Ryanair during the 3rd quarter valued at $4,067,000. Primecap Management Co. CA increased its stake in Ryanair by 148.5% during the 3rd quarter. Primecap Management Co. CA now owns 1,068,250 shares of the transportation company’s stock worth $48,264,000 after buying an additional 638,350 shares during the period. Finally, Stifel Financial Corp increased its stake in Ryanair by 146.8% during the 3rd quarter. Stifel Financial Corp now owns 51,656 shares of the transportation company’s stock worth $2,334,000 after buying an additional 30,723 shares during the period. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Stock Performance

Shares of Ryanair stock opened at $46.01 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. Ryanair Holdings plc has a 1 year low of $36.96 and a 1 year high of $60.29. The firm’s 50-day simple moving average is $44.73 and its 200-day simple moving average is $65.36. The firm has a market cap of $24.87 billion, a PE ratio of 14.10, a price-to-earnings-growth ratio of 2.07 and a beta of 1.50.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 earnings per share 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%. Equities analysts forecast that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

Ryanair Announces Dividend

The company also recently declared a — dividend, which will be paid on Monday, March 10th. Investors of record on Friday, January 17th will be given a dividend of $0.4677 per share. This represents a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, January 17th. Ryanair’s dividend payout ratio is currently 30.66%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on RYAAY. StockNews.com cut shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday. UBS Group raised Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Finally, Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. Five analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $151.00.

Ryanair 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.