Ryanair Holdings PLC $RYAAY Shares Acquired by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. grew its position in Ryanair Holdings PLC (NASDAQ:RYAAY) by 55.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,784 shares of the transportation company’s stock after buying an additional 28,364 shares during the quarter. Asset Management One Co. Ltd.’s holdings in Ryanair were worth $4,601,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Financial Management Professionals Inc. acquired a new stake in shares of Ryanair in the second quarter valued at $31,000. Maseco LLP acquired a new stake in shares of Ryanair in the second quarter valued at $53,000. Golden State Wealth Management LLC grew its stake in shares of Ryanair by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 962 shares of the transportation company’s stock valued at $41,000 after buying an additional 481 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its stake in shares of Ryanair by 1,158.0% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,019 shares of the transportation company’s stock valued at $43,000 after buying an additional 938 shares in the last quarter. Finally, Hilltop National Bank acquired a new stake in shares of Ryanair in the second quarter valued at $66,000. 43.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

RYAAY has been the subject of a number of research reports. The Goldman Sachs Group cut Ryanair from a “buy” rating to a “neutral” rating in a research note on Monday, September 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryanair in a research note on Wednesday, October 8th. Citigroup reiterated a “buy” rating on shares of Ryanair in a report on Thursday, October 23rd. Morgan Stanley assumed coverage on Ryanair in a report on Wednesday, October 15th. They issued an “overweight” rating for the company. Finally, Oddo Bhf upgraded Ryanair from an “underperform” rating to an “outperform” rating in a report on Wednesday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Ryanair presently has a consensus rating of “Buy” and a consensus target price of $76.00.

Ryanair Stock Performance

NASDAQ RYAAY opened at $61.33 on Wednesday. The business’s 50 day moving average is $60.55 and its two-hundred day moving average is $57.48. The stock has a market capitalization of $32.38 billion, a price-to-earnings ratio of 14.40, a PEG ratio of 0.66 and a beta of 1.38. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02. Ryanair Holdings PLC has a 12-month low of $38.52 and a 12-month high of $67.18.

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.