International Assets Investment Management LLC Takes $9.43 Million Position in Ryanair Holdings plc (NASDAQ:RYAAY)

International Assets Investment Management LLC purchased a new position in shares of Ryanair Holdings plc (NASDAQ:RYAAY) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 70,681 shares of the transportation company’s stock, valued at approximately $9,426,000.

Other institutional investors have also added to or reduced their stakes in the company. Assenagon Asset Management S.A. acquired a new position in shares of Ryanair during the 4th quarter worth approximately $3,708,000. Lincoln National Corp acquired a new stake in Ryanair during the third quarter worth approximately $320,000. Mercer Global Advisors Inc. ADV grew its position in Ryanair by 1,259.4% during the third quarter. Mercer Global Advisors Inc. ADV now owns 27,079 shares of the transportation company’s stock worth $2,632,000 after buying an additional 25,087 shares in the last quarter. State Board of Administration of Florida Retirement System acquired a new stake in Ryanair during the third quarter worth approximately $1,893,000. Finally, Trexquant Investment LP grew its position in Ryanair by 33.5% during the third quarter. Trexquant Investment LP now owns 49,627 shares of the transportation company’s stock worth $4,824,000 after buying an additional 12,450 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Ryanair Stock Down 4.3 %

NASDAQ RYAAY opened at $139.31 on Friday. The business has a fifty day moving average price of $141.67 and a two-hundred day moving average price of $124.09. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 1.00. Ryanair Holdings plc has a fifty-two week low of $87.18 and a fifty-two week high of $150.73. The stock has a market capitalization of $31.76 billion, a PE ratio of 14.35, a PEG ratio of 0.75 and a beta of 1.59.

Ryanair (NASDAQ:RYAAY) last released its 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). Ryanair had a return on equity of 29.39% and a net margin of 15.64%. The business had revenue of $2.91 billion for the quarter, compared to the consensus estimate of $2.96 billion. Equities analysts expect that Ryanair Holdings plc will post 9.27 earnings per share for the current fiscal year.

Ryanair 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.