Principal Financial Group Inc. decreased its position in Ryanair Holdings PLC (NASDAQ:RYAAY) by 8.9% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 677,929 shares of the transportation company’s stock after selling 66,339 shares during the period. Principal Financial Group Inc. owned about 0.28% of Ryanair Holdings PLC worth $71,467,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently bought and sold shares of the stock. FMR LLC boosted its stake in Ryanair Holdings PLC by 3.0% in the 2nd quarter. FMR LLC now owns 14,021,784 shares of the transportation company’s stock worth $1,508,884,000 after purchasing an additional 414,790 shares during the period. Capital International Investors boosted its stake in Ryanair Holdings PLC by 0.3% in the 2nd quarter. Capital International Investors now owns 4,437,775 shares of the transportation company’s stock worth $477,549,000 after purchasing an additional 11,453 shares during the period. Janus Henderson Group PLC acquired a new position in Ryanair Holdings PLC in the 2nd quarter worth approximately $366,606,000. Renaissance Technologies LLC boosted its stake in Ryanair Holdings PLC by 5.6% in the 2nd quarter. Renaissance Technologies LLC now owns 2,398,074 shares of the transportation company’s stock worth $258,057,000 after purchasing an additional 126,255 shares during the period. Finally, Royal Bank of Canada boosted its stake in Ryanair Holdings PLC by 4.8% in the 2nd quarter. Royal Bank of Canada now owns 2,020,013 shares of the transportation company’s stock worth $217,374,000 after purchasing an additional 93,026 shares during the period. 40.03% of the stock is owned by hedge funds and other institutional investors.
A number of equities research analysts have issued reports on the stock. Kepler Capital Markets downgraded shares of Ryanair Holdings PLC from a “hold” rating to a “reduce” rating in a research report on Thursday, September 21st. HSBC Holdings plc upgraded shares of Ryanair Holdings PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, July 25th. BidaskClub downgraded shares of Ryanair Holdings PLC from a “buy” rating to a “hold” rating in a research report on Friday, August 25th. Finally, Zacks Investment Research downgraded shares of Ryanair Holdings PLC from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Four investment analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $96.00.
Ryanair Holdings PLC (NASDAQ RYAAY) opened at $111.41 on Tuesday. The firm has a market cap of $26,522.22, a price-to-earnings ratio of 16.38, a PEG ratio of 0.63 and a beta of 0.59. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.62 and a current ratio of 1.62. Ryanair Holdings PLC has a twelve month low of $78.35 and a twelve month high of $122.68.
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About Ryanair Holdings PLC
Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.
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