27,804 Shares in Ryanair Holdings plc (NASDAQ:RYAAY) Bought by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. bought a new position in Ryanair Holdings plc (NASDAQ:RYAAYFree Report) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 27,804 shares of the transportation company’s stock, valued at approximately $3,708,000.

Other institutional investors also recently bought and sold shares of the company. Contravisory Investment Management Inc. raised its holdings in Ryanair by 4.8% during the fourth quarter. Contravisory Investment Management Inc. now owns 1,840 shares of the transportation company’s stock valued at $245,000 after acquiring an additional 85 shares during the period. Cetera Advisor Networks LLC raised its holdings in Ryanair by 4.6% during the second quarter. Cetera Advisor Networks LLC now owns 2,458 shares of the transportation company’s stock valued at $272,000 after acquiring an additional 108 shares during the period. Bleakley Financial Group LLC raised its holdings in Ryanair by 1.6% during the second quarter. Bleakley Financial Group LLC now owns 7,699 shares of the transportation company’s stock valued at $852,000 after acquiring an additional 124 shares during the period. Gallacher Capital Management LLC raised its holdings in Ryanair by 3.3% during the third quarter. Gallacher Capital Management LLC now owns 4,043 shares of the transportation company’s stock valued at $393,000 after acquiring an additional 128 shares during the period. Finally, Simplicity Solutions LLC raised its holdings in Ryanair by 1.9% during the third quarter. Simplicity Solutions LLC now owns 7,840 shares of the transportation company’s stock valued at $762,000 after acquiring an additional 148 shares during the period. 43.66% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on RYAAY shares. Raymond James raised their price objective on Ryanair from $140.00 to $162.00 and gave the company a “strong-buy” rating in a research report on Monday, December 18th. StockNews.com lowered Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Finally, Evercore ISI lowered Ryanair from an “outperform” rating to an “in-line” rating and set a $140.00 price objective for the company. in a research report on Tuesday, January 2nd. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Ryanair has a consensus rating of “Moderate Buy” and a consensus price target of $151.00.

Get Our Latest Stock Report on RYAAY

Ryanair Trading Up 0.6 %

Shares of Ryanair stock opened at $146.50 on Tuesday. The firm has a market cap of $33.40 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 0.93 and a beta of 1.59. The business has a 50-day moving average price of $139.05 and a 200-day moving average price of $121.05. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.32. Ryanair Holdings plc has a twelve month low of $87.18 and a twelve month high of $147.78.

Ryanair (NASDAQ:RYAAYGet Free Report) last released its quarterly earnings results on Monday, January 29th. The transportation company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.28). The company had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.96 billion. Ryanair had a return on equity of 29.39% and a net margin of 15.64%. Equities research analysts anticipate that Ryanair Holdings plc will post 9.28 EPS for the current fiscal year.

Ryanair Profile

(Free Report)

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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Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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