Wells Fargo & Company MN Sells 6,053 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Wells Fargo & Company MN decreased its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAYFree Report) by 2.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 249,604 shares of the transportation company’s stock after selling 6,053 shares during the quarter. Wells Fargo & Company MN owned approximately 0.11% of Ryanair worth $33,287,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Massachusetts Financial Services Co. MA increased its position in shares of Ryanair by 2.6% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 10,320,082 shares of the transportation company’s stock worth $1,003,215,000 after purchasing an additional 259,703 shares during the last quarter. Baillie Gifford & Co. raised its position in Ryanair by 14.6% during the fourth quarter. Baillie Gifford & Co. now owns 9,389,236 shares of the transportation company’s stock worth $1,252,149,000 after acquiring an additional 1,197,812 shares in the last quarter. Sprucegrove Investment Management Ltd. raised its position in Ryanair by 9.9% during the fourth quarter. Sprucegrove Investment Management Ltd. now owns 2,737,862 shares of the transportation company’s stock worth $365,121,000 after acquiring an additional 246,850 shares in the last quarter. Lansdowne Partners UK LLP lifted its stake in Ryanair by 17.8% in the third quarter. Lansdowne Partners UK LLP now owns 2,081,085 shares of the transportation company’s stock valued at $202,301,000 after acquiring an additional 314,588 shares during the last quarter. Finally, Trinity Street Asset Management LLP grew its position in shares of Ryanair by 12.3% in the 4th quarter. Trinity Street Asset Management LLP now owns 1,544,600 shares of the transportation company’s stock valued at $205,988,000 after acquiring an additional 168,900 shares during the period. Institutional investors own 43.66% of the company’s stock.

Ryanair Stock Performance

RYAAY opened at $122.64 on Tuesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.91 and a current ratio of 0.91. Ryanair Holdings plc has a 52-week low of $87.18 and a 52-week high of $150.73. The firm has a market cap of $27.96 billion, a P/E ratio of 13.45, a price-to-earnings-growth ratio of 0.37 and a beta of 1.59. The business’s fifty day moving average is $137.62 and its 200-day moving average is $132.67.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Evercore ISI lifted their target price on Ryanair from $145.00 to $155.00 and gave the stock an “in-line” rating in a research note on Thursday, April 4th. Deutsche Bank Aktiengesellschaft downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a report on Friday. Three equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $158.50.

Read Our Latest Analysis on RYAAY

Ryanair Company 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.

See Also

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Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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