Ryanair Holdings plc (NASDAQ:RYAAY) Shares Sold by Capital Group Private Client Services Inc.

Capital Group Private Client Services Inc. lowered its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 6.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 735,409 shares of the transportation company's stock after selling 53,817 shares during the period. Capital Group Private Client Services Inc. owned approximately 0.14% of Ryanair worth $32,056,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Capital International Investors raised its stake in shares of Ryanair by 6.1% in the 4th quarter. Capital International Investors now owns 38,800,258 shares of the transportation company's stock valued at $1,691,536,000 after acquiring an additional 2,231,153 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in Ryanair by 3.0% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 28,091,455 shares of the transportation company's stock valued at $1,224,507,000 after purchasing an additional 828,019 shares in the last quarter. Metropolis Capital Ltd raised its position in Ryanair by 14.7% in the fourth quarter. Metropolis Capital Ltd now owns 4,593,130 shares of the transportation company's stock valued at $200,215,000 after purchasing an additional 587,023 shares during the period. Trinity Street Asset Management LLP lifted its stake in shares of Ryanair by 6.0% during the fourth quarter. Trinity Street Asset Management LLP now owns 3,980,848 shares of the transportation company's stock worth $173,525,000 after purchasing an additional 225,098 shares in the last quarter. Finally, FIL Ltd boosted its position in shares of Ryanair by 5.8% in the fourth quarter. FIL Ltd now owns 3,804,773 shares of the transportation company's stock worth $165,850,000 after buying an additional 209,424 shares during the period. 43.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on RYAAY. Deutsche Bank Aktiengesellschaft upgraded Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. StockNews.com lowered shares of Ryanair from a "buy" rating to a "hold" rating in a report on Thursday, February 6th. Three analysts have rated the stock with a hold rating, three have given a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $147.00.

Ryanair Stock Up 0.9 %

Shares of Ryanair stock traded up $0.40 on Wednesday, hitting $46.39. 758,374 shares of the company's stock traded hands, compared to its average volume of 1,658,849. Ryanair Holdings plc has a 52-week low of $36.96 and a 52-week high of $57.48. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. The stock has a market cap of $24.68 billion, a P/E ratio of 14.22, a PEG ratio of 2.01 and a beta of 1.41. The firm's 50-day moving average is $45.24 and its 200 day moving average is $44.89.

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

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.