Comgest Global Investors S.A.S. Has $13.35 Million Stock Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Comgest Global Investors S.A.S. grew its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 99.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 295,385 shares of the transportation company's stock after buying an additional 146,990 shares during the period. Comgest Global Investors S.A.S. owned 0.05% of Ryanair worth $13,345,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Gallacher Capital Management LLC increased its holdings in shares of Ryanair by 4.1% in the 2nd quarter. Gallacher Capital Management LLC now owns 3,796 shares of the transportation company's stock valued at $442,000 after acquiring an additional 150 shares during the last quarter. Transcendent Capital Group LLC purchased a new stake in shares of Ryanair during the 1st quarter worth approximately $29,000. Sumitomo Mitsui Trust Holdings Inc. raised its stake in Ryanair by 0.8% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 25,237 shares of the transportation company's stock worth $2,939,000 after acquiring an additional 212 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Ryanair by 256.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company's stock worth $41,000 after acquiring an additional 215 shares in the last quarter. Finally, Catalytic Wealth RIA LLC grew its holdings in shares of Ryanair by 15.3% during the first quarter. Catalytic Wealth RIA LLC now owns 2,005 shares of the transportation company's stock worth $292,000 after purchasing an additional 266 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Stock Down 0.5 %

NASDAQ:RYAAY traded down $0.21 during mid-day trading on Friday, reaching $44.87. The stock had a trading volume of 1,091,264 shares, compared to its average volume of 1,615,121. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.81 and a quick ratio of 0.81. The stock's 50 day simple moving average is $64.95 and its two-hundred day simple moving average is $97.80. Ryanair Holdings plc has a 1-year low of $36.96 and a 1-year high of $60.29. The company has a market capitalization of $24.55 billion, a price-to-earnings ratio of 14.96, a price-to-earnings-growth ratio of 2.57 and a beta of 1.54.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing the consensus estimate of $2.91 by ($0.09). Ryanair had a return on equity of 19.92% and a net margin of 11.38%. The business had revenue of $5.57 billion for the quarter, compared to analyst estimates of $5.59 billion. During the same quarter last year, the company earned $2.88 EPS. Equities analysts anticipate that Ryanair Holdings plc will post 2.97 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Citigroup upgraded Ryanair to a "strong-buy" rating in a research note on Friday, August 2nd. The Goldman Sachs Group raised Ryanair to a "strong-buy" rating in a report on Friday, August 9th. UBS Group raised Ryanair from a "hold" rating to a "strong-buy" rating in a report on Monday, November 11th. Sanford C. Bernstein reduced their target price on Ryanair from $149.00 to $147.00 and set an "outperform" rating for the company in a report on Thursday, August 29th. Finally, StockNews.com upgraded shares of Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and four have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $154.67.

Ryanair 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.