Capital International Inc. CA Reduces Stock Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Capital International Inc. CA cut its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 23.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,675,340 shares of the transportation company's stock after selling 524,284 shares during the quarter. Ryanair makes up approximately 0.9% of Capital International Inc. CA's portfolio, making the stock its 29th largest holding. Capital International Inc. CA owned 0.31% of Ryanair worth $73,028,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in Ryanair by 145.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,779,187 shares of the transportation company's stock worth $170,744,000 after acquiring an additional 2,240,230 shares during the period. Capital International Investors grew its position in shares of Ryanair by 6.1% during 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 purchasing an additional 2,231,153 shares in the last quarter. Franklin Resources Inc. increased its holdings in shares of Ryanair by 142.2% in the third quarter. Franklin Resources Inc. now owns 1,839,384 shares of the transportation company's stock worth $81,282,000 after purchasing an additional 1,079,920 shares during the period. Alliancebernstein L.P. raised its position in shares of Ryanair by 47.0% in the fourth quarter. Alliancebernstein L.P. now owns 3,128,742 shares of the transportation company's stock worth $136,382,000 after buying an additional 1,000,543 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Ryanair during the fourth quarter valued at $39,816,000. Institutional investors own 43.66% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on RYAAY. StockNews.com cut Ryanair from a "buy" rating to a "hold" rating in a report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday, March 27th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $147.00.

Ryanair Trading Up 0.1 %

NASDAQ:RYAAY traded up $0.03 during trading hours on Thursday, reaching $46.44. The company's stock had a trading volume of 617,126 shares, compared to its average volume of 1,659,760. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market capitalization of $24.70 billion, a price-to-earnings ratio of 14.26, a PEG ratio of 2.01 and a beta of 1.41. The firm has a 50-day simple moving average of $45.26 and a 200-day simple moving average of $44.90. Ryanair Holdings plc has a 1 year low of $36.96 and a 1 year high of $56.76.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, beating 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 expect that Ryanair Holdings plc will post 3.09 EPS for the current fiscal 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.