Inspire Advisors LLC lifted its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY – Free Report) by 12.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 14,031 shares of the transportation company’s stock after purchasing an additional 1,521 shares during the quarter. Inspire Advisors LLC’s holdings in Ryanair were worth $612,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also modified their holdings of RYAAY. Ruffer LLP grew its position in Ryanair by 39.6% in the 4th quarter. Ruffer LLP now owns 1,458,141 shares of the transportation company’s stock worth $63,560,000 after purchasing an additional 413,727 shares during the last quarter. NS Partners Ltd grew its position in Ryanair by 124.6% in the 4th quarter. NS Partners Ltd now owns 13,275 shares of the transportation company’s stock worth $579,000 after purchasing an additional 7,365 shares during the last quarter. Raymond James Financial Inc. bought a new position in Ryanair in the 4th quarter worth about $18,445,000. Aigen Investment Management LP bought a new position in Ryanair in the 4th quarter worth about $309,000. Finally, Assetmark Inc. grew its position in Ryanair by 12.7% in the 4th quarter. Assetmark Inc. now owns 69,807 shares of the transportation company’s stock worth $3,043,000 after purchasing an additional 7,855 shares during the last quarter. Institutional investors own 43.66% of the company’s stock.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Five research analysts have rated the stock with a hold rating, two have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $151.00.
Ryanair Trading Down 0.5 %
Shares of NASDAQ:RYAAY opened at $46.92 on Wednesday. The company has a 50 day moving average of $45.44 and a 200-day moving average of $56.66. The firm has a market cap of $25.36 billion, a P/E ratio of 14.38, a P/E/G ratio of 2.01 and a beta of 1.46. Ryanair Holdings plc has a twelve month low of $36.96 and a twelve month high of $60.29. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21.
Ryanair (NASDAQ:RYAAY – Get Free Report) last issued its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. As a group, analysts anticipate that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.
Ryanair Company 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.
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