Geode Capital Management LLC Has $33.83 Million Stock Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Geode Capital Management LLC raised its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 18.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 776,175 shares of the transportation company's stock after buying an additional 119,931 shares during the quarter. Geode Capital Management LLC owned about 0.14% of Ryanair worth $33,833,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Stifel Financial Corp increased its stake in Ryanair by 146.8% during the third quarter. Stifel Financial Corp now owns 51,656 shares of the transportation company's stock valued at $2,334,000 after acquiring an additional 30,723 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of 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 purchasing an additional 2,240,230 shares in the last quarter. Sanctuary Advisors LLC raised its stake in shares of Ryanair by 171.6% in the third quarter. Sanctuary Advisors LLC now owns 41,708 shares of the transportation company's stock valued at $1,793,000 after purchasing an additional 26,349 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in Ryanair by 172.2% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 75,354 shares of the transportation company's stock worth $3,285,000 after purchasing an additional 47,673 shares during the period. Finally, Perpetual Ltd boosted its stake in Ryanair by 539.8% during the fourth quarter. Perpetual Ltd now owns 988,490 shares of the transportation company's stock worth $43,088,000 after buying an additional 833,988 shares in the last quarter. 43.66% of the stock is owned by institutional investors.

Ryanair Price Performance

NASDAQ:RYAAY traded up $1.24 on Tuesday, reaching $45.99. The stock had a trading volume of 1,485,684 shares, compared to its average volume of 1,662,408. The company has a market capitalization of $24.46 billion, a P/E ratio of 14.10, a price-to-earnings-growth ratio of 2.01 and a beta of 1.41. Ryanair Holdings plc has a 1-year low of $36.96 and a 1-year high of $57.48. The stock has a fifty day moving average price of $45.24 and a 200-day moving average price of $44.89. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21.

Ryanair (NASDAQ:RYAAY - Get Free Report) last announced its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, topping 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%. Research analysts forecast that Ryanair Holdings plc will post 3.09 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. StockNews.com downgraded shares of Ryanair from a "buy" rating to a "hold" rating in a report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft upgraded 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 assigned a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, Ryanair presently has a consensus rating of "Buy" and an average price target of $147.00.

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.