Janus Henderson Group PLC Acquires 3,967,436 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Janus Henderson Group PLC raised its holdings in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 169.7% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,305,368 shares of the transportation company's stock after acquiring an additional 3,967,436 shares during the period. Janus Henderson Group PLC owned approximately 1.15% of Ryanair worth $284,893,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of RYAAY. Mackenzie Financial Corp grew its position in Ryanair by 826.7% during the 2nd quarter. Mackenzie Financial Corp now owns 621,773 shares of the transportation company's stock worth $72,399,000 after acquiring an additional 554,680 shares during the last quarter. Scientech Research LLC grew its position in shares of 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 buying an additional 5,474 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of Ryanair by 149.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 19,055 shares of the transportation company's stock worth $861,000 after buying an additional 11,404 shares during the last quarter. Natixis Advisors LLC grew its position in shares of Ryanair by 12.4% in the 3rd quarter. Natixis Advisors LLC now owns 393,030 shares of the transportation company's stock worth $17,757,000 after buying an additional 43,449 shares during the last quarter. Finally, W.G. Shaheen & Associates DBA Whitney & Co grew its position in shares of Ryanair by 150.1% in the 3rd quarter. W.G. Shaheen & Associates DBA Whitney & Co now owns 264,930 shares of the transportation company's stock worth $11,970,000 after buying an additional 159,019 shares during the last quarter. Hedge funds and other institutional investors own 43.66% of the company's stock.

Ryanair Stock Performance

NASDAQ RYAAY traded down $0.12 during midday trading on Wednesday, hitting $44.41. The company had a trading volume of 843,991 shares, compared to its average volume of 1,594,639. The stock has a market cap of $24.17 billion, a price-to-earnings ratio of 14.80, a P/E/G ratio of 2.55 and a beta of 1.51. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $60.29. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22. The firm has a fifty day simple moving average of $47.32 and a two-hundred day simple moving average of $89.54.

Ryanair (NASDAQ:RYAAY - Get Free Report) last issued its quarterly earnings data 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). The firm had revenue of $5.57 billion for the quarter, compared to analyst estimates 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 prior year, the firm posted $2.88 EPS. Equities analysts forecast that Ryanair Holdings plc will post 2.97 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

RYAAY has been the topic of a number of recent research reports. Sanford C. Bernstein lowered their target price on Ryanair from $149.00 to $147.00 and set an "outperform" rating on the stock in a report on Thursday, August 29th. UBS Group raised Ryanair from a "hold" rating to a "strong-buy" rating in a research note on Monday, November 11th. StockNews.com upgraded Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, November 14th. Barclays raised Ryanair from an "equal weight" rating to an "overweight" rating in a report on Friday, October 25th. Finally, The Goldman Sachs Group upgraded Ryanair to a "strong-buy" rating in a research note on Friday, August 9th. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and four have given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $154.67.

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.