New York State Common Retirement Fund Sells 46,070 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

New York State Common Retirement Fund lowered its stake in Ryanair Holdings plc (NASDAQ:RYAAY) by 8.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 483,180 shares of the transportation company’s stock after selling 46,070 shares during the period. New York State Common Retirement Fund’s holdings in Ryanair were worth $21,062,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Paradigm Asset Management Co. LLC grew its holdings in shares of Ryanair by 87.5% during the third quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock worth $34,000 after buying an additional 350 shares in the last quarter. Signaturefd LLC grew its stake in shares of 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 in the last quarter. R Squared Ltd acquired a new stake in shares of Ryanair in the fourth quarter valued at approximately $42,000. Pinnacle Bancorp Inc. lifted its position in shares of Ryanair by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock worth $47,000 after purchasing an additional 645 shares in the last quarter. Finally, TD Private Client Wealth LLC boosted its holdings in Ryanair by 148.6% during the third quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company’s stock worth $54,000 after purchasing an additional 709 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Trading Down 0.8 %

Shares of NASDAQ:RYAAY opened at $45.16 on Friday. Ryanair Holdings plc has a 52-week low of $36.96 and a 52-week high of $60.29. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market capitalization of $24.41 billion, a P/E ratio of 13.84, a price-to-earnings-growth ratio of 1.97 and a beta of 1.50. The company has a 50-day simple moving average of $44.68 and a 200 day simple moving average of $62.20.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Sell-side analysts forecast that Ryanair Holdings plc will post 3.09 earnings per share for the current year.

Ryanair Dividend Announcement

The business also recently disclosed a — dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, January 17th will be issued a $0.4677 dividend. The ex-dividend date is Friday, January 17th. This represents a dividend yield of 4.2%. Ryanair’s dividend payout ratio is currently 30.66%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on RYAAY. Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Finally, StockNews.com downgraded Ryanair from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Five investment analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, Ryanair presently has an average rating of “Moderate Buy” and a consensus target price of $151.00.

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.