Ryanair Holdings plc (NASDAQ:RYAAY) Shares Sold by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. lessened its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 28.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 29,803 shares of the transportation company's stock after selling 12,032 shares during the period. Connor Clark & Lunn Investment Management Ltd.'s holdings in Ryanair were worth $1,346,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its position in shares of Ryanair by 256.0% during the first quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company's stock worth $41,000 after purchasing an additional 215 shares during the last quarter. Advisors Asset Management Inc. bought a new position in Ryanair in the 1st quarter worth about $50,000. Ridgewood Investments LLC purchased a new position in shares of Ryanair during the second quarter worth approximately $50,000. Paradigm Asset Management Co. LLC raised its stake in shares of Ryanair by 87.5% during the third quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company's stock valued at $34,000 after acquiring an additional 350 shares in the last quarter. Finally, Signaturefd LLC boosted its holdings in shares of Ryanair by 153.1% in the third quarter. Signaturefd LLC now owns 891 shares of the transportation company's stock valued at $40,000 after purchasing an additional 539 shares during the period. 43.66% of the stock is currently owned by institutional investors.

Ryanair Stock Up 1.2 %

NASDAQ RYAAY traded up $0.54 during trading on Wednesday, hitting $43.86. The company's stock had a trading volume of 563,526 shares, compared to its average volume of 1,606,786. The business's 50 day simple moving average is $55.69 and its 200-day simple moving average is $92.80. The company has a market cap of $23.87 billion, a PE ratio of 14.44, a P/E/G ratio of 2.52 and a beta of 1.54. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.81 and a quick ratio of 0.81. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $60.29.

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 analysts' consensus estimates of $2.91 by ($0.09). The company had revenue of $5.57 billion for the quarter, compared to analysts' expectations of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same quarter in the previous year, the business posted $2.88 EPS. On average, equities analysts anticipate that Ryanair Holdings plc will post 2.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on RYAAY shares. UBS Group raised Ryanair from a "hold" rating to a "strong-buy" rating in a research report on Monday, November 11th. The Goldman Sachs Group upgraded shares of Ryanair to a "strong-buy" rating in a report on Friday, August 9th. Sanford C. Bernstein reduced their price target on shares of Ryanair from $149.00 to $147.00 and set an "outperform" rating for the company in a report on Thursday, August 29th. StockNews.com upgraded shares of Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday, November 14th. Finally, Citigroup raised shares of Ryanair to a "strong-buy" rating in a research note on Friday, August 2nd. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and four have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $154.67.

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.