Vise Technologies Inc. Invests $573,000 in Ryanair Holdings PLC $RYAAY

Vise Technologies Inc. purchased a new position in Ryanair Holdings PLC (NASDAQ:RYAAY) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 9,935 shares of the transportation company’s stock, valued at approximately $573,000.

A number of other hedge funds have also recently bought and sold shares of RYAAY. Metropolis Capital Ltd raised its position in shares of Ryanair by 0.8% in the 2nd quarter. Metropolis Capital Ltd now owns 4,790,231 shares of the transportation company’s stock valued at $276,253,000 after purchasing an additional 36,559 shares in the last quarter. Royal Bank of Canada increased its stake in shares of Ryanair by 7.3% in the first quarter. Royal Bank of Canada now owns 3,909,138 shares of the transportation company’s stock worth $165,630,000 after buying an additional 266,343 shares during the last quarter. Price T Rowe Associates Inc. MD acquired a new stake in Ryanair in the first quarter valued at $118,071,000. Natixis Advisors LLC boosted its stake in Ryanair by 5.6% during the 1st quarter. Natixis Advisors LLC now owns 1,034,561 shares of the transportation company’s stock valued at $43,834,000 after acquiring an additional 54,439 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its stake in Ryanair by 30.4% during the 1st quarter. Baird Financial Group Inc. now owns 994,753 shares of the transportation company’s stock valued at $42,148,000 after acquiring an additional 232,197 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Stock Down 2.5%

NASDAQ:RYAAY opened at $62.98 on Friday. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02. The stock has a 50 day moving average of $60.59 and a 200-day moving average of $59.04. The firm has a market capitalization of $33.14 billion, a PE ratio of 14.78, a price-to-earnings-growth ratio of 0.66 and a beta of 1.39. Ryanair Holdings PLC has a 52 week low of $38.52 and a 52 week high of $67.18.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Monday, November 3rd. The transportation company reported $3.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.62 by $0.14. Ryanair had a return on equity of 27.91% and a net margin of 14.42%.The business had revenue of $6.32 billion during the quarter, compared to analyst estimates of $5.44 billion. Analysts predict that Ryanair Holdings PLC will post 3.09 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Ryanair in a research note on Wednesday, October 8th. Royal Bank Of Canada restated an “outperform” rating on shares of Ryanair in a research note on Tuesday, November 4th. Citigroup reiterated a “buy” rating on shares of Ryanair in a research report on Thursday, October 23rd. Wall Street Zen downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Finally, Zacks Research cut Ryanair from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 22nd. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $76.00.

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.