Ryanair Holdings plc (NASDAQ:RYAAY) Shares Purchased by FIL Ltd

FIL Ltd grew its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 5.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,804,773 shares of the transportation company's stock after acquiring an additional 209,424 shares during the quarter. FIL Ltd owned about 0.70% of Ryanair worth $165,850,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RYAAY. Charles Schwab Investment Management Inc. purchased a new position in shares of Ryanair in the third quarter valued at about $4,067,000. Stifel Financial Corp lifted its holdings in Ryanair by 146.8% in the 3rd quarter. Stifel Financial Corp now owns 51,656 shares of the transportation company's stock worth $2,334,000 after buying an additional 30,723 shares during the period. Geode Capital Management LLC grew its position in shares of Ryanair by 171.6% in the 3rd quarter. Geode Capital Management LLC now owns 656,244 shares of the transportation company's stock worth $29,649,000 after buying an additional 414,595 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Ryanair by 145.6% during the third quarter. JPMorgan Chase & Co. now owns 3,779,187 shares of the transportation company's stock valued at $170,744,000 after buying an additional 2,240,230 shares during the period. Finally, Sanctuary Advisors LLC raised its holdings in shares of Ryanair by 171.6% during the third quarter. Sanctuary Advisors LLC now owns 41,708 shares of the transportation company's stock valued at $1,793,000 after acquiring an additional 26,349 shares in the last quarter. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

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Ryanair Trading Up 1.5 %

NASDAQ RYAAY traded up $0.65 on Monday, hitting $44.80. 467,071 shares of the stock were exchanged, compared to its average volume of 1,657,028. Ryanair Holdings plc has a 52-week low of $36.96 and a 52-week high of $57.48. 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 stock has a fifty day moving average price of $45.33 and a two-hundred day moving average price of $45.30. The firm has a market capitalization of $23.83 billion, a P/E ratio of 13.73, a P/E/G ratio of 2.01 and a beta of 1.41.

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, topping the consensus estimate of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Research analysts forecast that Ryanair Holdings plc will post 3.09 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.