Northern Trust Corp Buys 125,551 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Northern Trust Corp grew its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 231.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 179,902 shares of the transportation company’s stock after buying an additional 125,551 shares during the period. Northern Trust Corp’s holdings in Ryanair were worth $7,842,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Aquatic Capital Management LLC purchased a new position in shares of Ryanair during the fourth quarter worth about $2,635,000. Credit Industriel ET Commercial purchased a new position in shares of Ryanair during the fourth quarter worth about $1,090,000. Beacon Investment Advisors LLC grew its holdings in shares of Ryanair by 0.8% during the fourth quarter. Beacon Investment Advisors LLC now owns 64,857 shares of the transportation company’s stock worth $2,827,000 after purchasing an additional 535 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of Ryanair by 6.4% during the fourth quarter. Stifel Financial Corp now owns 54,949 shares of the transportation company’s stock worth $2,395,000 after purchasing an additional 3,293 shares in the last quarter. Finally, MML Investors Services LLC grew its holdings in shares of Ryanair by 4.0% during the fourth quarter. MML Investors Services LLC now owns 27,996 shares of the transportation company’s stock worth $1,220,000 after purchasing an additional 1,068 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

RYAAY has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft raised Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, March 27th. StockNews.com cut shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $147.00.

Ryanair Stock Performance

NASDAQ:RYAAY opened at $50.00 on Monday. The firm has a market cap of $26.60 billion, a PE ratio of 15.33, a price-to-earnings-growth ratio of 2.01 and a beta of 1.37. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $51.62. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. The business has a 50 day moving average price of $46.04 and a 200-day moving average price of $45.46.

About Ryanair

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.