Hancock Whitney Corp Invests $209,000 in Ryanair Holdings plc (NASDAQ:RYAAY)

Hancock Whitney Corp bought a new stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 1,436 shares of the transportation company’s stock, valued at approximately $209,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Transcendent Capital Group LLC acquired a new stake in Ryanair during the first quarter worth about $29,000. Advisors Preferred LLC bought a new stake in shares of Ryanair during the fourth quarter valued at approximately $31,000. GAMMA Investing LLC lifted its position in Ryanair by 44.9% in the first quarter. GAMMA Investing LLC now owns 242 shares of the transportation company’s stock worth $35,000 after purchasing an additional 75 shares during the period. Principal Securities Inc. acquired a new stake in Ryanair during the fourth quarter worth $41,000. Finally, Advisors Asset Management Inc. bought a new stake in Ryanair in the 1st quarter valued at $50,000. 43.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

RYAAY has been the topic of several recent research reports. UBS Group lowered shares of Ryanair from a “buy” rating to a “neutral” rating in a research report on Thursday, June 20th. Barclays lowered Ryanair from an “overweight” rating to an “equal weight” rating in a research note on Friday, June 21st. Deutsche Bank Aktiengesellschaft downgraded Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, May 24th. HSBC cut Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, July 12th. Finally, Hsbc Global Res raised Ryanair to a “hold” rating in a report on Friday, July 12th. Seven research analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $158.50.

Ryanair Trading Down 2.0 %

NASDAQ:RYAAY traded down $1.96 on Friday, reaching $98.04. The company’s stock had a trading volume of 620,976 shares, compared to its average volume of 638,371. Ryanair Holdings plc has a 1-year low of $87.18 and a 1-year high of $150.73. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.93 and a current ratio of 0.93. The firm has a market cap of $22.14 billion, a PE ratio of 10.96, a PEG ratio of 1.33 and a beta of 1.55. The business’s 50-day moving average price is $115.29 and its two-hundred day moving average price is $129.64.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings results on Monday, May 20th. The transportation company reported ($1.31) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.32) by $0.01. The firm had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.33 billion. Ryanair had a net margin of 12.07% and a return on equity of 20.43%. Equities research analysts anticipate that Ryanair Holdings plc will post 7.95 earnings per share for the current fiscal year.

Ryanair Cuts Dividend

The company also recently announced a Variable dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 9th will be given a $0.692 dividend. This represents a yield of 1.8%. The ex-dividend date of this dividend is Friday, August 9th. Ryanair’s dividend payout ratio is presently 10.20%.

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.