Ryanair Holdings plc (NASDAQ:RYAAY) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. reduced its position in shares of Ryanair Holdings plc (NASDAQ:RYAAYFree Report) by 24.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,759 shares of the transportation company’s stock after selling 1,546 shares during the period. PNC Financial Services Group Inc.’s holdings in Ryanair were worth $635,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in RYAAY. Capital World Investors grew its position in shares of Ryanair by 90.8% during the fourth quarter. Capital World Investors now owns 9,294,414 shares of the transportation company’s stock worth $1,239,503,000 after buying an additional 4,424,400 shares in the last quarter. Baillie Gifford & Co. raised its stake in Ryanair by 14.6% during the fourth quarter. Baillie Gifford & Co. now owns 9,389,236 shares of the transportation company’s stock valued at $1,252,149,000 after buying an additional 1,197,812 shares in the last quarter. Metropolis Capital Ltd lifted its holdings in Ryanair by 376.6% during the 4th quarter. Metropolis Capital Ltd now owns 561,211 shares of the transportation company’s stock worth $74,843,000 after buying an additional 443,458 shares during the last quarter. Fiduciary Management Inc. WI increased its holdings in shares of Ryanair by 58.7% in the 4th quarter. Fiduciary Management Inc. WI now owns 1,065,800 shares of the transportation company’s stock valued at $142,135,000 after acquiring an additional 394,300 shares during the last quarter. Finally, Lansdowne Partners UK LLP raised its position in shares of Ryanair by 17.8% during the 3rd 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 in the last quarter. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on RYAAY shares. Deutsche Bank Aktiengesellschaft downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a report on Friday, May 24th. UBS Group lowered shares of Ryanair from a “buy” rating to a “neutral” rating in a research note on Thursday, June 20th. Barclays cut shares of Ryanair from an “overweight” rating to an “equal weight” rating in a report on Friday, June 21st. Finally, Evercore ISI raised their target price on shares of Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a research note on Thursday, April 4th. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Ryanair has a consensus rating of “Hold” and a consensus target price of $158.50.

Read Our Latest Analysis on Ryanair

Ryanair Price Performance

Shares of NASDAQ:RYAAY opened at $118.37 on Wednesday. The company has a market cap of $26.93 billion, a P/E ratio of 12.98, a price-to-earnings-growth ratio of 1.01 and a beta of 1.52. The company’s fifty day moving average is $127.12 and its two-hundred day moving average is $133.03. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.33. Ryanair Holdings plc has a 12-month low of $87.18 and a 12-month high of $150.73.

Ryanair (NASDAQ:RYAAYGet Free Report) last announced its quarterly earnings data on Monday, May 20th. The transportation company reported ($1.31) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.32) by $0.01. The business had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.33 billion. Ryanair had a return on equity of 25.59% and a net margin of 14.30%. Equities analysts expect that Ryanair Holdings plc will post 11.26 earnings per share for the current fiscal 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.

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Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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