M&T Bank Corp Boosts Stock Position in Ryanair Holdings plc (NASDAQ:RYAAY)

M&T Bank Corp raised its holdings in Ryanair Holdings plc (NASDAQ:RYAAY) by 13.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,831 shares of the transportation company’s stock after buying an additional 675 shares during the period. M&T Bank Corp’s holdings in Ryanair were worth $263,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Ridgewood Investments LLC purchased a new stake in shares of Ryanair in the second quarter valued at about $50,000. Paradigm Asset Management Co. LLC raised its stake in Ryanair by 87.5% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 350 shares during the last quarter. Signaturefd LLC lifted its position in Ryanair by 153.1% during the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock worth $40,000 after acquiring an additional 539 shares during the period. GAMMA Investing LLC grew 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 during the last quarter. Finally, Fortitude Family Office LLC acquired a new position in shares of Ryanair in the third quarter valued at approximately $57,000. 43.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Ryanair Trading Up 0.8 %

Shares of RYAAY stock opened at $44.49 on Friday. The stock has a market cap of $24.11 billion, a P/E ratio of 14.83, a P/E/G ratio of 2.62 and a beta of 1.51. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $60.29. The business has a fifty day simple moving average of $44.92 and a 200-day simple moving average of $83.89.

Ryanair (NASDAQ:RYAAY) last posted its earnings results 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). The business had revenue of $5.57 billion for the quarter, compared to analysts’ expectations of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same quarter last year, the business posted $2.88 earnings per share. On average, analysts forecast that Ryanair Holdings plc will post 2.97 earnings per share for the current fiscal year.

Ryanair Dividend Announcement

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

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.