Allspring Global Investments Holdings LLC Has $93,000 Stake in Ryanair Holdings plc (NASDAQ:RYAAY)

Allspring Global Investments Holdings LLC grew its holdings in Ryanair Holdings plc (NASDAQ:RYAAY) by 47.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 700 shares of the transportation company’s stock after purchasing an additional 224 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Ryanair were worth $93,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in RYAAY. Cornerstone Planning Group LLC lifted its stake in shares of Ryanair by 1,523.5% in the third quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company’s stock valued at $27,000 after buying an additional 259 shares during the period. Bruce G. Allen Investments LLC bought a new stake in shares of Ryanair during the fourth quarter valued at approximately $31,000. Advisors Preferred LLC acquired a new position in shares of Ryanair in the fourth quarter valued at $31,000. Tucker Asset Management LLC bought a new position in Ryanair in the third quarter worth $39,000. Finally, Cary Street Partners Investment Advisory LLC boosted its stake in Ryanair by 86.0% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 571 shares of the transportation company’s stock worth $56,000 after buying an additional 264 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors.

Ryanair Trading Down 0.0 %

Shares of Ryanair stock opened at $139.86 on Tuesday. Ryanair Holdings plc has a 12-month low of $87.18 and a 12-month high of $150.73. The stock has a market capitalization of $31.89 billion, a P/E ratio of 14.40, a price-to-earnings-growth ratio of 0.71 and a beta of 1.59. The company has a 50-day simple moving average of $141.64 and a 200 day simple moving average of $127.52. 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 (NASDAQ:RYAAY) last posted its quarterly earnings data 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 firm had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.96 billion. Research analysts expect that Ryanair Holdings plc will post 9.06 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

RYAAY has been the subject of a number of analyst reports. StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a report on Friday, January 5th. Evercore ISI increased their target price on Ryanair from $145.00 to $155.00 and gave the stock an “in-line” rating in a report on Thursday, April 4th. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $158.50.

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.