Crossmark Global Holdings Inc. Lowers Stock Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Crossmark Global Holdings Inc. lowered its stake in Ryanair Holdings plc (NASDAQ:RYAAY) by 1.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,726 shares of the transportation company’s stock after selling 311 shares during the period. Crossmark Global Holdings Inc.’s holdings in Ryanair were worth $1,383,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of RYAAY. Mackenzie Financial Corp raised its position in Ryanair by 826.7% during the 2nd quarter. Mackenzie Financial Corp now owns 621,773 shares of the transportation company’s stock worth $72,399,000 after buying an additional 554,680 shares during the last quarter. Scientech Research LLC increased its stake in shares of Ryanair by 306.5% during the second quarter. Scientech Research LLC now owns 7,260 shares of the transportation company’s stock worth $845,000 after acquiring an additional 5,474 shares during the period. Janney Montgomery Scott LLC raised its holdings in Ryanair by 149.1% during the third quarter. Janney Montgomery Scott LLC now owns 19,055 shares of the transportation company’s stock worth $861,000 after purchasing an additional 11,404 shares in the last quarter. Natixis Advisors LLC lifted its position in Ryanair by 12.4% in the third quarter. Natixis Advisors LLC now owns 393,030 shares of the transportation company’s stock valued at $17,757,000 after purchasing an additional 43,449 shares during the period. Finally, Charles Schwab Investment Management Inc. purchased a new stake in Ryanair in the 3rd quarter valued at approximately $4,067,000. 43.66% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. UBS Group raised Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, November 14th. Finally, Barclays upgraded shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. Four analysts have rated the stock with a hold rating, three have given a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, Ryanair has a consensus rating of “Moderate Buy” and a consensus price target of $151.00.

Ryanair Stock Up 1.3 %

Ryanair stock opened at $46.14 on Friday. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $60.29. The firm has a market capitalization of $24.94 billion, a price-to-earnings ratio of 15.38, a price-to-earnings-growth ratio of 1.97 and a beta of 1.50. The stock’s fifty day moving average is $44.10 and its two-hundred day moving average is $70.91. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81.

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). Ryanair had a net margin of 11.38% and a return on equity of 19.92%. The business had revenue of $5.57 billion for the quarter, compared to analysts’ expectations of $5.59 billion. During the same quarter last year, the business posted $2.88 earnings per share. Analysts predict that Ryanair Holdings plc will post 2.96 EPS for the current fiscal year.

Ryanair Announces Dividend

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

Ryanair Company 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.