Ritholtz Wealth Management Purchases 11,085 Shares of Ryanair Holdings PLC $RYAAY

Ritholtz Wealth Management raised its position in Ryanair Holdings PLC (NASDAQ:RYAAY) by 55.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,047 shares of the transportation company’s stock after purchasing an additional 11,085 shares during the period. Ritholtz Wealth Management’s holdings in Ryanair were worth $2,241,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. LVW Advisors LLC boosted its holdings in Ryanair by 2.6% in the 4th quarter. LVW Advisors LLC now owns 6,276 shares of the transportation company’s stock valued at $453,000 after purchasing an additional 158 shares during the period. Blue Trust Inc. boosted its holdings in Ryanair by 3.8% in the 3rd quarter. Blue Trust Inc. now owns 5,043 shares of the transportation company’s stock valued at $304,000 after purchasing an additional 186 shares during the period. Pin Oak Investment Advisors Inc. boosted its holdings in Ryanair by 76.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 209 shares during the period. Benjamin Edwards Inc. boosted its holdings in Ryanair by 3.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 5,834 shares of the transportation company’s stock valued at $336,000 after purchasing an additional 217 shares during the period. Finally, Venturi Wealth Management LLC boosted its holdings in Ryanair by 2.9% in the 3rd quarter. Venturi Wealth Management LLC now owns 8,042 shares of the transportation company’s stock valued at $484,000 after purchasing an additional 225 shares during the period. 43.66% of the stock is owned by institutional investors.

Ryanair Stock Performance

NASDAQ RYAAY opened at $62.36 on Monday. Ryanair Holdings PLC has a 52-week low of $43.12 and a 52-week high of $74.24. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.67 and a current ratio of 0.67. The company has a market capitalization of $32.55 billion, a P/E ratio of 12.52, a P/E/G ratio of 0.52 and a beta of 1.26. The company has a fifty day moving average of $63.52 and a 200-day moving average of $65.16.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings data on Monday, January 26th. The transportation company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. Ryanair had a net margin of 15.04% and a return on equity of 29.76%. The company had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $3.16 billion. As a group, equities research analysts predict that Ryanair Holdings PLC will post 3.09 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have commented on RYAAY shares. Evercore raised shares of Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price target for the company in a report on Thursday, March 12th. Sanford C. Bernstein reissued a “market perform” rating and issued a $71.00 price target on shares of Ryanair in a report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ryanair in a report on Thursday, January 15th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a report on Thursday, January 8th. Finally, Zacks Research downgraded shares of Ryanair from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Ryanair currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.67.

Ryanair Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.