Ninety One UK Ltd Buys Shares of 13,322 Ryanair Holdings PLC $RYAAY

Ninety One UK Ltd bought a new stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,322 shares of the transportation company’s stock, valued at approximately $962,000.

Other hedge funds have also made changes to their positions in the company. USA Financial Formulas purchased a new stake in shares of Ryanair in the third quarter valued at approximately $26,000. CIBC Private Wealth Group LLC grew its position in shares of Ryanair by 280.6% in the third quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 348 shares in the last quarter. Pin Oak Investment Advisors Inc. grew its position in shares of Ryanair by 76.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 209 shares in the last quarter. UMB Bank n.a. grew its position in shares of Ryanair by 1,057.4% in the third quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock valued at $33,000 after purchasing an additional 497 shares in the last quarter. Finally, Global Retirement Partners LLC grew its position in shares of Ryanair by 68.1% in the third quarter. Global Retirement Partners LLC now owns 684 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 277 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Price Performance

RYAAY stock opened at $62.03 on Friday. The business has a fifty day moving average of $62.64 and a two-hundred day moving average of $65.21. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.02. The stock has a market cap of $32.38 billion, a price-to-earnings ratio of 12.46, a price-to-earnings-growth ratio of 0.57 and a beta of 1.26. Ryanair Holdings PLC has a 52-week low of $44.51 and a 52-week high of $74.24.

Ryanair (NASDAQ:RYAAY) last posted its earnings results on Monday, January 26th. The transportation company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.08. The company had revenue of $3.77 billion during the quarter, compared to analysts’ expectations of $3.16 billion. Ryanair had a return on equity of 29.76% and a net margin of 15.04%. As a group, research analysts anticipate that Ryanair Holdings PLC will post 3.09 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on RYAAY shares. Morgan Stanley restated an “overweight” rating on shares of Ryanair in a research report on Tuesday, January 27th. Sanford C. Bernstein upgraded Ryanair from a “market perform” rating to an “outperform” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Ryanair in a research report on Thursday, January 15th. Wall Street Zen lowered Ryanair from a “buy” rating to a “hold” rating in a research report on Sunday, January 25th. Finally, Weiss Ratings lowered Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $75.67.

Ryanair Company Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.