MML Investors Services LLC Purchases 15,493 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

MML Investors Services LLC boosted its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 135.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,928 shares of the transportation company’s stock after purchasing an additional 15,493 shares during the period. MML Investors Services LLC’s holdings in Ryanair were worth $1,217,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in RYAAY. Orion Portfolio Solutions LLC grew its holdings in shares of Ryanair by 139.9% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 56,229 shares of the transportation company’s stock valued at $2,540,000 after acquiring an additional 32,794 shares in the last quarter. XTX Topco Ltd grew its holdings in shares of Ryanair by 375.8% in the 3rd quarter. XTX Topco Ltd now owns 16,276 shares of the transportation company’s stock valued at $735,000 after acquiring an additional 12,855 shares in the last quarter. Wellington Management Group LLP grew its holdings in Ryanair by 57.9% during the third quarter. Wellington Management Group LLP now owns 2,673,475 shares of the transportation company’s stock worth $120,788,000 after purchasing an additional 980,095 shares during the period. State Street Corp grew its holdings in Ryanair by 53.2% during the third quarter. State Street Corp now owns 285,808 shares of the transportation company’s stock worth $12,913,000 after purchasing an additional 99,268 shares during the period. Finally, Stifel Financial Corp grew its holdings in Ryanair by 146.8% during the third quarter. Stifel Financial Corp now owns 51,656 shares of the transportation company’s stock worth $2,334,000 after purchasing an additional 30,723 shares during the period. Institutional investors own 43.66% of the company’s stock.

Ryanair Price Performance

Shares of NASDAQ RYAAY opened at $44.12 on Thursday. The firm’s 50-day moving average price is $44.90 and its 200-day moving average price is $84.17. Ryanair Holdings plc has a 1-year low of $36.96 and a 1-year high of $60.29. The firm has a market capitalization of $23.91 billion, a P/E ratio of 14.71, a P/E/G ratio of 2.62 and a beta of 1.51. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing the consensus estimate of $2.91 by ($0.09). Ryanair had a net margin of 11.38% and a return on equity of 19.92%. The company had revenue of $5.57 billion for the quarter, compared to analyst estimates of $5.59 billion. During the same quarter in the prior year, the company posted $2.88 EPS. Equities research analysts anticipate that Ryanair Holdings plc will post 2.97 earnings per share for the current fiscal year.

Ryanair Announces Dividend

The firm also recently announced a — dividend, which will be paid on Monday, March 10th. Investors of record on Friday, January 17th will be issued a $0.4677 dividend. The ex-dividend date of this dividend is Friday, January 17th. This represents a dividend yield of 4.2%. Ryanair’s dividend payout ratio is presently 33.33%.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on RYAAY shares. UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Barclays upgraded shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. StockNews.com upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, November 14th. Finally, Sanford C. Bernstein cut their price objective on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $151.00.

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.