Quantinno Capital Management LP Has $8.88 Million Stock Holdings in Ryanair Holdings PLC $RYAAY

Quantinno Capital Management LP increased its holdings in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 53.1% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 153,547 shares of the transportation company’s stock after purchasing an additional 53,255 shares during the quarter. Quantinno Capital Management LP’s holdings in Ryanair were worth $8,875,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of RYAAY. CIBC Private Wealth Group LLC boosted its position in Ryanair by 280.6% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock worth $28,000 after acquiring an additional 348 shares during the period. Pin Oak Investment Advisors Inc. lifted its position in shares of Ryanair by 76.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock worth $29,000 after purchasing an additional 209 shares in the last quarter. Brown Brothers Harriman & Co. lifted its position in shares of Ryanair by 2,929.4% in the fourth quarter. Brown Brothers Harriman & Co. now owns 515 shares of the transportation company’s stock worth $37,000 after purchasing an additional 498 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Ryanair by 39.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 584 shares of the transportation company’s stock worth $42,000 after purchasing an additional 165 shares during the period. Finally, Larson Financial Group LLC grew its position in Ryanair by 64.9% during the fourth quarter. Larson Financial Group LLC now owns 653 shares of the transportation company’s stock valued at $47,000 after purchasing an additional 257 shares in the last quarter. 43.66% of the stock is owned by hedge funds and other institutional investors.

Ryanair Stock Up 0.4%

Shares of RYAAY opened at $60.19 on Wednesday. Ryanair Holdings PLC has a 12 month low of $53.14 and a 12 month high of $74.24. The company’s fifty day moving average is $61.30 and its 200-day moving average is $61.99. The firm has a market cap of $31.27 billion, a price-to-earnings ratio of 14.47, a price-to-earnings-growth ratio of 1.89 and a beta of 1.16.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings data on Friday, July 17th. The transportation company reported $1.19 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.18). The business had revenue of $5 billion during the quarter, compared to the consensus estimate of $5.06 billion. Ryanair had a return on equity of 21.23% and a net margin of 12.14%. As a group, research analysts predict that Ryanair Holdings PLC will post 3.95 earnings per share for the current fiscal year.

Ryanair Announces Dividend

The business also recently declared a special dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, August 7th will be given a $0.4434 dividend. The ex-dividend date of this dividend is Friday, August 7th. Ryanair’s payout ratio is currently 17.07%.

Analyst Upgrades and Downgrades

RYAAY has been the topic of several research reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a research note on Tuesday, May 19th. Citigroup restated a “buy” rating on shares of Ryanair in a report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ryanair in a research note on Tuesday, July 14th. Weiss Ratings raised Ryanair from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 21st. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Ryanair in a research note on Tuesday, July 21st. Six equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $79.50.

Insider Activity at Ryanair

In other news, CMO Dara Brady sold 8,973 shares of the stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total transaction of $233,387.73. Following the transaction, the chief marketing officer owned 17,550 shares of the company’s stock, valued at approximately $456,475.50. This represents a 33.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Carol Marie Sharkey sold 6,999 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total value of $182,043.99. Following the completion of the transaction, the insider directly owned 14,136 shares in the company, valued at $367,677.36. The trade was a 33.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 126,607 shares of company stock worth $3,386,997 in the last 90 days.

Ryanair Company Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.