Ryanair Holdings plc (NASDAQ:RYAAY) Shares Purchased by Osborne Partners Capital Management LLC

Osborne Partners Capital Management LLC raised its holdings in Ryanair Holdings plc (NASDAQ:RYAAY) by 153.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 199,606 shares of the transportation company’s stock after buying an additional 121,004 shares during the quarter. Osborne Partners Capital Management LLC’s holdings in Ryanair were worth $9,018,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Transcendent Capital Group LLC purchased a new position in shares of Ryanair in the 1st quarter worth $29,000. GAMMA Investing LLC lifted its stake in shares of Ryanair by 261.5% in the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock valued at $40,000 after purchasing an additional 646 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Ryanair by 153.1% during the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock worth $40,000 after purchasing an additional 539 shares during the period. EverSource Wealth Advisors LLC increased its position in Ryanair by 256.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company’s stock worth $41,000 after purchasing an additional 215 shares in the last quarter. Finally, Advisors Asset Management Inc. purchased a new position in Ryanair in the first quarter valued at approximately $50,000. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Trading Up 1.1 %

NASDAQ:RYAAY opened at $45.06 on Friday. Ryanair Holdings plc has a one year low of $34.87 and a one year high of $60.29. The stock has a market cap of $10.17 billion, a price-to-earnings ratio of 4.94, a price-to-earnings-growth ratio of 2.63 and a beta of 1.54. 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 business’s 50-day simple moving average is $84.81 and its 200 day simple moving average is $108.42.

Ryanair Cuts Dividend

The business also recently declared a Variable dividend, which was paid on Thursday, September 26th. Stockholders of record on Friday, August 9th were given a $0.692 dividend. This represents a dividend yield of 1.8%. The ex-dividend date was Friday, September 13th. Ryanair’s dividend payout ratio (DPR) is 11.29%.

Analyst Upgrades and Downgrades

RYAAY has been the subject of several research reports. Sanford C. Bernstein decreased their price objective on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Citigroup upgraded Ryanair to a “strong-buy” rating in a report on Friday, August 2nd. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday. Hsbc Global Res upgraded Ryanair to a “hold” rating in a research note on Friday, July 12th. Finally, The Goldman Sachs Group upgraded Ryanair to a “strong-buy” rating in a report on Friday, August 9th. Six equities research analysts have rated the stock with a hold rating, two have issued a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $154.67.

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.