GAMMA Investing LLC Acquires 94,506 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

GAMMA Investing LLC raised its holdings in Ryanair Holdings plc (NASDAQ:RYAAY) by 4,694.8% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 96,519 shares of the transportation company’s stock after acquiring an additional 94,506 shares during the quarter. GAMMA Investing LLC’s holdings in Ryanair were worth $4,090,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Capital International Investors grew its stake in Ryanair by 6.1% in the 4th quarter. Capital International Investors now owns 38,800,258 shares of the transportation company’s stock worth $1,691,536,000 after acquiring an additional 2,231,153 shares in the last quarter. Alliancebernstein L.P. grew its stake in Ryanair by 47.0% in the fourth quarter. Alliancebernstein L.P. now owns 3,128,742 shares of the transportation company’s stock worth $136,382,000 after purchasing an additional 1,000,543 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Ryanair in the fourth quarter worth approximately $39,816,000. Massachusetts Financial Services Co. MA grew its stake in Ryanair by 3.0% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 28,091,455 shares of the transportation company’s stock worth $1,224,507,000 after purchasing an additional 828,019 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC grew its stake in Ryanair by 218.9% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 988,490 shares of the transportation company’s stock worth $43,088,000 after purchasing an additional 678,535 shares in the last quarter. Institutional investors own 43.66% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on RYAAY shares. Sanford C. Bernstein reissued an “outperform” rating on shares of Ryanair in a research report on Wednesday, May 21st. Royal Bank of Canada reiterated an “outperform” rating on shares of Ryanair in a report on Wednesday, May 21st. Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, March 27th. Citigroup reiterated a “buy” rating on shares of Ryanair in a research note on Wednesday, May 21st. Finally, Wall Street Zen downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Wednesday, May 28th. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $147.00.

Ryanair Price Performance

Shares of RYAAY stock opened at $57.84 on Wednesday. Ryanair Holdings plc has a 1-year low of $36.96 and a 1-year high of $58.38. The company has a market cap of $30.77 billion, a P/E ratio of 17.73, a PEG ratio of 2.01 and a beta of 1.38. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86. The stock’s 50-day moving average is $49.64 and its 200 day moving average is $46.74.

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.