Ryanair Holdings plc (NASDAQ:RYAAY) Shares Acquired by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. grew its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAYFree Report) by 45.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,568 shares of the transportation company’s stock after acquiring an additional 6,428 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Ryanair were worth $2,773,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bruce G. Allen Investments LLC purchased a new stake in Ryanair during the 4th quarter valued at about $31,000. Cornerstone Planning Group LLC increased its holdings in Ryanair by 1,523.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company’s stock worth $27,000 after buying an additional 259 shares during the period. Tucker Asset Management LLC purchased a new position in Ryanair during the 3rd quarter worth approximately $39,000. Cary Street Partners Investment Advisory LLC lifted its stake in Ryanair by 86.0% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 571 shares of the transportation company’s stock valued at $56,000 after acquiring an additional 264 shares during the period. Finally, Barclays PLC purchased a new stake in shares of Ryanair in the 2nd quarter valued at $77,000. 43.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on RYAAY. StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Evercore ISI boosted their price objective on Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a report on Thursday, April 4th. Finally, Raymond James raised their target price on Ryanair from $140.00 to $162.00 and gave the stock a “strong-buy” rating in a report on Monday, December 18th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Ryanair currently has an average rating of “Moderate Buy” and a consensus price target of $158.50.

Get Our Latest Report on Ryanair

Ryanair Stock Down 4.3 %

RYAAY opened at $139.31 on Friday. The company has a fifty day moving average of $141.67 and a two-hundred day moving average of $123.90. The stock has a market capitalization of $31.76 billion, a price-to-earnings ratio of 14.35, a PEG ratio of 0.75 and a beta of 1.59. Ryanair Holdings plc has a fifty-two week low of $87.18 and a fifty-two week high of $150.73. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.00 and a current ratio of 1.00.

Ryanair (NASDAQ:RYAAYGet Free Report) last announced its quarterly earnings results on Monday, January 29th. The transportation company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.28). The business had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.96 billion. Ryanair had a net margin of 15.64% and a return on equity of 29.39%. On average, research analysts expect that Ryanair Holdings plc will post 9.25 earnings per share for the current year.

About Ryanair

(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.

Further Reading

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Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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