Janney Montgomery Scott LLC Purchases 11,404 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Janney Montgomery Scott LLC boosted its holdings in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 149.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,055 shares of the transportation company's stock after purchasing an additional 11,404 shares during the quarter. Janney Montgomery Scott LLC's holdings in Ryanair were worth $861,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in RYAAY. Mackenzie Financial Corp increased its position in shares of Ryanair by 826.7% during the 2nd quarter. Mackenzie Financial Corp now owns 621,773 shares of the transportation company's stock valued at $72,399,000 after purchasing an additional 554,680 shares during the period. Scientech Research LLC boosted its stake in Ryanair by 306.5% in the 2nd quarter. Scientech Research LLC now owns 7,260 shares of the transportation company's stock worth $845,000 after purchasing an additional 5,474 shares during the period. The Manufacturers Life Insurance Company grew its holdings in shares of Ryanair by 27.1% during the second quarter. The Manufacturers Life Insurance Company now owns 322,074 shares of the transportation company's stock valued at $37,502,000 after buying an additional 68,635 shares in the last quarter. Sprucegrove Investment Management Ltd. increased its holdings in shares of Ryanair by 13.2% in the 2nd quarter. Sprucegrove Investment Management Ltd. now owns 3,168,162 shares of the transportation company's stock valued at $368,901,000 after purchasing an additional 368,800 shares during the period. Finally, Trinity Street Asset Management LLP lifted its position in Ryanair by 154.4% in the 3rd quarter. Trinity Street Asset Management LLP now owns 3,755,750 shares of the transportation company's stock worth $169,685,000 after buying an additional 2,279,250 shares in the last quarter. Institutional investors own 43.66% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently commented on RYAAY. Barclays raised shares of Ryanair from an "equal weight" rating to an "overweight" rating in a research report on Friday, October 25th. Citigroup raised shares of Ryanair to a "strong-buy" rating in a research report on Friday, August 2nd. StockNews.com raised Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday. The Goldman Sachs Group raised Ryanair to a "strong-buy" rating in a report on Friday, August 9th. Finally, UBS Group upgraded Ryanair from a "hold" rating to a "strong-buy" rating in a report on Monday, November 11th. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and four have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $154.67.

Ryanair Stock Performance

Ryanair stock traded down $0.21 during trading hours on Friday, hitting $44.87. The company had a trading volume of 1,091,264 shares, compared to its average volume of 1,385,722. 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 firm has a 50-day moving average of $64.95 and a 200 day moving average of $97.54. 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 $24.55 billion, a PE ratio of 14.96, a PEG ratio of 2.59 and a beta of 1.54.

Ryanair (NASDAQ:RYAAY - Get Free Report) last announced its earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 in the previous year, the company earned $2.88 EPS. On average, sell-side analysts expect that Ryanair Holdings plc will post 2.97 earnings per share for the current year.

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.