2 weeks Ago By ABMN Staff
Ryan Specialty Holdings, Inc. ( NYSE:RYAN – Get Free Report ) Director Nicholas Dominic Cortezi sold 1,703 shares of the stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $64.
66, for a total value of $110,115.98. Following the transaction, the director now directly owns 3,800 shares in the company, valued at approximately $245,708.
The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Nicholas Dominic Cortezi also recently made the following trade(s): Ryan Specialty Stock Up 0.2 % Shares of Ryan Specialty stock opened at $64.
56 on Friday. Ryan Specialty Holdings, Inc. has a 12-month low of $41.
49 and a 12-month high of $69.03. The firm has a market capitalization of $16.
81 billion, a PE ratio of 121.81, a price-to-earnings-growth ratio of 1.53 and a beta of 0.
62. The company has a quick ratio of 1.09, a current ratio of 1.
09 and a debt-to-equity ratio of 1.81. The stock’s fifty day moving average is $61.
11 and its 200-day moving average is $55.41. Ryan Specialty Announces Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, August 27th.
Stockholders of record on Tuesday, August 13th were issued a dividend of $0.11 per share. This represents a $0.
44 annualized dividend and a dividend yield of 0.68%. The ex-dividend date of this dividend was Tuesday, August 13th.
Ryan Specialty’s dividend payout ratio is currently 83.02%. Analyst Ratings Changes A number of brokerages have issued reports on RYAN.
Keefe, Bruyette & Woods reiterated an “outperform” rating and set a $62.00 price target on shares of Ryan Specialty in a research report on Tuesday, July 2nd. The Goldman Sachs Group raised their target price on shares of Ryan Specialty from $58.
00 to $64.00 and gave the company a “neutral” rating in a research note on Monday, August 5th. Citigroup upped their price target on shares of Ryan Specialty from $56.
00 to $62.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 23rd. Wells Fargo & Company increased their price objective on shares of Ryan Specialty from $60.
00 to $63.00 and gave the company an “equal weight” rating in a report on Friday, August 2nd. Finally, Bank of America started coverage on Ryan Specialty in a research report on Wednesday, May 22nd.
They issued a “buy” rating and a $67.00 target price for the company. One analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock.
According to MarketBeat, Ryan Specialty presently has an average rating of “Hold” and a consensus price target of $62.00. View Our Latest Report on RYAN Institutional Trading of Ryan Specialty Several hedge funds and other institutional investors have recently modified their holdings of the company.
GAMMA Investing LLC grew its stake in Ryan Specialty by 96.4% in the second quarter. GAMMA Investing LLC now owns 605 shares of the company’s stock valued at $35,000 after purchasing an additional 297 shares in the last quarter.
Crewe Advisors LLC acquired a new position in Ryan Specialty in the second quarter worth approximately $39,000. Intelligent Financial Strategies bought a new position in Ryan Specialty during the first quarter valued at approximately $44,000. Benjamin F.
Edwards & Company Inc. bought a new position in Ryan Specialty during the first quarter valued at approximately $45,000. Finally, Rothschild Investment LLC bought a new stake in Ryan Specialty in the second quarter worth approximately $87,000.
84.82% of the stock is currently owned by hedge funds and other institutional investors. Ryan Specialty Company Profile ( Get Free Report ) Ryan Specialty Holdings, Inc operates as a service provider of specialty products and solutions for insurance brokers, agents, and carriers in the United States, Canada, the United Kingdom, Europe, and Singapore.
It offers distribution, underwriting, product development, administration, and risk management services by acting as a wholesale broker and a managing underwriter. See Also Receive News & Ratings for Ryan Specialty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryan Specialty and related companies with MarketBeat.com's FREE daily email newsletter .
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