Ryanair Holdings plc (NASDAQ:RYAAY) Holdings Lowered by Holowesko Partners Ltd.

Holowesko Partners Ltd. cut its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 52.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 270,500 shares of the transportation company's stock after selling 297,999 shares during the period. Ryanair makes up about 5.4% of Holowesko Partners Ltd.'s investment portfolio, making the stock its 9th largest holding. Holowesko Partners Ltd. owned about 0.05% of Ryanair worth $11,791,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in RYAAY. R Squared Ltd purchased a new stake in shares of Ryanair during the fourth quarter valued at $42,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Ryanair by 32.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock valued at $42,000 after acquiring an additional 236 shares during the last quarter. Pinnacle Bancorp Inc. grew its stake in shares of Ryanair by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company's stock worth $47,000 after acquiring an additional 645 shares during the period. TD Private Client Wealth LLC raised its holdings in shares of Ryanair by 148.6% during the third quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company's stock valued at $54,000 after purchasing an additional 709 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in Ryanair by 125.4% during the fourth quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company's stock valued at $88,000 after purchasing an additional 1,120 shares during the period. Institutional investors own 43.66% of the company's stock.

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Ryanair Stock Performance

NASDAQ:RYAAY traded down $0.66 during mid-day trading on Thursday, hitting $42.34. 804,181 shares of the company traded hands, compared to its average volume of 1,633,219. The stock's fifty day moving average price is $46.24 and its 200-day moving average price is $49.81. 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 Holdings plc has a one year low of $36.96 and a one year high of $60.29. The firm has a market cap of $22.58 billion, a price-to-earnings ratio of 12.98, a price-to-earnings-growth 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 (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. Research analysts anticipate that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

Analysts Set New Price Targets

RYAAY has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft raised Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. StockNews.com cut Ryanair from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Ryanair has an average rating of "Moderate Buy" and a consensus target price of $151.00.

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.