QRG Capital Management Inc. Has $3.40 Million Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

QRG Capital Management Inc. decreased its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 17.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 78,042 shares of the transportation company’s stock after selling 16,998 shares during the quarter. QRG Capital Management Inc.’s holdings in Ryanair were worth $3,402,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of RYAAY. Paradigm Asset Management Co. LLC lifted its stake in shares of Ryanair by 87.5% in 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. R Squared Ltd bought a new position in Ryanair in the fourth quarter valued at about $42,000. Pinnacle Bancorp Inc. raised its position in Ryanair by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock valued at $47,000 after purchasing an additional 645 shares during the last quarter. TD Private Client Wealth LLC boosted its stake in shares of Ryanair by 148.6% during the third quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company’s stock valued at $54,000 after purchasing an additional 709 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of Ryanair by 125.4% during the fourth quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company’s stock worth $88,000 after purchasing an additional 1,120 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. UBS Group upgraded shares of Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Five 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 company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.00.

Ryanair Stock Performance

Shares of RYAAY stock opened at $48.53 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $60.29. The business’s 50 day simple moving average is $44.90 and its 200 day simple moving average is $59.67. The stock has a market capitalization of $26.23 billion, a PE ratio of 14.88, a PEG ratio of 2.01 and a beta of 1.50.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. As a group, research analysts forecast that Ryanair Holdings plc will post 3.09 earnings per share for the current year.

Ryanair Dividend Announcement

The firm also recently disclosed a — dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, January 17th will be paid a $0.4677 dividend. This represents a dividend yield of 4.2%. The ex-dividend date is Friday, January 17th. Ryanair’s dividend payout ratio is 30.67%.

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.