Walleye Capital LLC Purchases New Shares in Ryanair Holdings plc (NASDAQ:RYAAY)

Walleye Capital LLC purchased a new stake in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 26,922 shares of the transportation company's stock, valued at approximately $1,174,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in RYAAY. Mariner LLC raised its holdings in shares of Ryanair by 69.0% in the 4th quarter. Mariner LLC now owns 12,856 shares of the transportation company's stock valued at $561,000 after purchasing an additional 5,247 shares during the period. Lansdowne Partners UK LLP increased its stake in shares of Ryanair by 29.4% in the 4th quarter. Lansdowne Partners UK LLP now owns 291,053 shares of the transportation company's stock valued at $12,687,000 after purchasing an additional 66,181 shares during the last quarter. Redwood Park Advisors LLC acquired a new stake in Ryanair in the fourth quarter valued at approximately $43,000. Raymond James Financial Inc. acquired a new position in Ryanair in the 4th quarter worth about $18,445,000. Finally, Renaissance Technologies LLC grew its holdings in Ryanair by 19.3% during the 4th quarter. Renaissance Technologies LLC now owns 3,180,202 shares of the transportation company's stock worth $138,625,000 after acquiring an additional 514,754 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors.

Ryanair Stock Down 0.5 %

RYAAY traded down $0.24 during trading on Friday, hitting $46.15. 227,590 shares of the company's stock traded hands, compared to its average volume of 1,658,987. Ryanair Holdings plc has a 12-month low of $36.96 and a 12-month high of $56.76. The company's 50 day simple moving average is $45.28 and its two-hundred day simple moving average is $44.93. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $24.55 billion, a price-to-earnings ratio of 14.13, a PEG ratio of 2.01 and a beta of 1.41.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Analysts predict that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

RYAAY has been the subject of several research analyst reports. Deutsche Bank Aktiengesellschaft raised Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, March 27th. StockNews.com downgraded Ryanair from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $147.00.

Ryanair Company 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.