Bank of Montreal Can increased its holdings in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 625.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 350,215 shares of the transportation company’s stock after purchasing an additional 301,925 shares during the period. Bank of Montreal Can’s holdings in Ryanair were worth $36,489,000 at the end of the most recent quarter.
Other large investors have also added to or reduced their stakes in the company. Mountain Capital Investment Advisors Inc bought a new position in shares of Ryanair during the 2nd quarter valued at about $112,000. Quantbot Technologies LP bought a new position in shares of Ryanair during the 3rd quarter valued at about $151,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Ryanair during the 3rd quarter valued at about $235,000. USA Financial Portformulas Corp bought a new position in shares of Ryanair during the 3rd quarter valued at about $255,000. Finally, KCS Wealth Advisory bought a new position in shares of Ryanair during the 4th quarter valued at about $262,000. Institutional investors and hedge funds own 40.31% of the company’s stock.
Several equities research analysts have commented on RYAAY shares. Zacks Investment Research upgraded Ryanair from a “sell” rating to a “hold” rating in a research note on Wednesday, November 29th. Citigroup started coverage on Ryanair in a research note on Monday, November 20th. They issued a “buy” rating on the stock. BidaskClub cut Ryanair from a “buy” rating to a “hold” rating in a research note on Thursday, December 14th. UBS Group upgraded Ryanair from a “neutral” rating to a “buy” rating in a research note on Thursday, January 11th. Finally, Sanford C. Bernstein upgraded Ryanair from an “underperform” rating to a “market perform” rating in a research note on Monday, January 8th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $96.00.
Shares of Ryanair Holdings PLC (NASDAQ RYAAY) opened at $120.80 on Monday. The company has a market capitalization of $24,270.00, a P/E ratio of 16.69, a price-to-earnings-growth ratio of 0.98 and a beta of 0.59. Ryanair Holdings PLC has a 12 month low of $78.35 and a 12 month high of $127.35. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.62 and a quick ratio of 1.62.
Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings results on Tuesday, October 31st. The transportation company reported $4.34 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $4.37 by ($0.03). Ryanair had a return on equity of 32.39% and a net margin of 21.25%. equities research analysts expect that Ryanair Holdings PLC will post 7.17 earnings per share for the current fiscal year.
Ryanair Company Profile
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.
Want to see what other hedge funds are holding RYAAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ryanair Holdings PLC (NASDAQ:RYAAY).
Receive News & Ratings for Ryanair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryanair and related companies with MarketBeat.com's FREE daily email newsletter.