Marshall Wace LLP Acquires Shares of 117,461 Ryanair Holdings plc (NASDAQ:RYAAY)

Marshall Wace LLP acquired a new stake in Ryanair Holdings plc (NASDAQ:RYAAY – Get Rating) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 117,461 shares of the transportation company’s stock, valued at approximately $6,863,000. Marshall Wace LLP owned approximately 0.05% of Ryanair at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in RYAAY. Massachusetts Financial Services Co. MA lifted its position in shares of Ryanair by 4.2% during the third quarter. Massachusetts Financial Services Co. MA now owns 10,431,684 shares of the transportation company’s stock valued at $609,420,000 after purchasing an additional 423,900 shares in the last quarter. Lazard Asset Management LLC lifted its position in shares of Ryanair by 11.8% during the first quarter. Lazard Asset Management LLC now owns 5,787,913 shares of the transportation company’s stock valued at $504,242,000 after purchasing an additional 612,114 shares in the last quarter. Sprucegrove Investment Management Ltd. lifted its position in shares of Ryanair by 49.7% during the third quarter. Sprucegrove Investment Management Ltd. now owns 2,578,834 shares of the transportation company’s stock valued at $150,655,000 after purchasing an additional 856,560 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Ryanair by 2.4% during the third quarter. Royal Bank of Canada now owns 2,094,470 shares of the transportation company’s stock valued at $122,359,000 after purchasing an additional 49,789 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of Ryanair by 13.5% during the first quarter. Wellington Management Group LLP now owns 2,071,104 shares of the transportation company’s stock valued at $180,436,000 after purchasing an additional 246,276 shares in the last quarter. 42.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. StockNews.com lowered shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Tuesday, January 31st. TheStreet lowered shares of Ryanair from a “b-” rating to a “c” rating in a research report on Monday, January 30th. JPMorgan Chase & Co. lifted their price objective on shares of Ryanair from €18.20 ($19.36) to €21.00 ($22.34) and gave the stock an “overweight” rating in a research report on Thursday, December 15th. Raymond James lifted their price objective on shares of Ryanair from $113.00 to $115.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, February 1st. Finally, Morgan Stanley assumed coverage on shares of Ryanair in a research report on Tuesday, January 10th. They issued an “overweight” rating on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $45.64.

Ryanair Price Performance

RYAAY opened at $90.70 on Friday. The company has a market capitalization of $20.66 billion, a price-to-earnings ratio of 14.92 and a beta of 1.45. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.46. The firm has a 50-day moving average price of $92.42 and a 200-day moving average price of $78.10. Ryanair Holdings plc has a twelve month low of $55.90 and a twelve month high of $99.34.

Ryanair Company Profile

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Ryanair Holdings Plc engages in the provision of low fares airline-related services. It also offers ancillary, core air passenger, non-flight scheduled, and internet-related services. It also involved in in-flight sale of beverages, food, and merchandise. It operates through the following segments: Ryanair DAC, Malta Air, and Other Airlines.