Ryanair Holdings plc (NASDAQ:RYAAY) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp reduced its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 85.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,228 shares of the transportation company's stock after selling 486,679 shares during the quarter. Bank of New York Mellon Corp's holdings in Ryanair were worth $3,541,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. R Squared Ltd bought a new stake in shares of Ryanair in the fourth quarter valued at about $42,000. Pinnacle Bancorp Inc. grew its stake in Ryanair by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company's stock valued at $47,000 after purchasing an additional 645 shares during the last quarter. TD Private Client Wealth LLC grew its stake in Ryanair by 148.6% in the third quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company's stock valued at $54,000 after purchasing an additional 709 shares during the last quarter. GAMMA Investing LLC grew its stake in Ryanair by 125.4% in the fourth quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company's stock valued at $88,000 after purchasing an additional 1,120 shares during the last quarter. Finally, Pacer Advisors Inc. grew its stake in Ryanair by 14.1% in the fourth quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company's stock valued at $95,000 after purchasing an additional 268 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors.

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Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Ryanair from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. Five analysts have rated the stock with a hold rating, two have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $151.00.

Ryanair Stock Down 1.5 %

Shares of RYAAY stock traded down $0.68 during trading hours on Friday, reaching $46.18. 1,095,972 shares of the company's stock were exchanged, compared to its average volume of 1,603,222. Ryanair Holdings plc has a 1 year low of $36.96 and a 1 year high of $60.29. The stock has a market cap of $24.63 billion, a PE ratio of 14.16, a PEG ratio of 2.01 and a beta of 1.46. 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's fifty day moving average price is $45.96 and its two-hundred day moving average price is $53.53.

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

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.