JPMorgan Chase & Co. Lowers Position in Ryanair Holdings plc (NASDAQ:RYAAY)

JPMorgan Chase & Co. lowered its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 41.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,203,130 shares of the transportation company's stock after selling 1,576,057 shares during the quarter. JPMorgan Chase & Co. owned 0.41% of Ryanair worth $96,034,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in RYAAY. Charles Schwab Investment Management Inc. acquired a new stake in shares of Ryanair in the third quarter valued at about $4,067,000. Stifel Financial Corp increased its position in Ryanair by 146.8% during the 3rd quarter. Stifel Financial Corp now owns 51,656 shares of the transportation company's stock valued at $2,334,000 after purchasing an additional 30,723 shares during the period. Geode Capital Management LLC lifted 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 purchasing an additional 414,595 shares during the period. Sanctuary Advisors LLC boosted its stake in shares of Ryanair by 171.6% in the 3rd 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 during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its position in shares of Ryanair by 172.2% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 75,354 shares of the transportation company's stock worth $3,285,000 after buying an additional 47,673 shares during the period. Institutional investors and hedge funds own 43.66% of the company's stock.

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Ryanair Stock Down 2.2 %

NASDAQ:RYAAY traded down $0.89 during trading hours on Monday, reaching $39.21. The company had a trading volume of 2,074,718 shares, compared to its average volume of 1,637,794. Ryanair Holdings plc has a twelve month low of $36.96 and a twelve month high of $60.29. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. The firm has a market cap of $20.91 billion, a price-to-earnings ratio of 12.02, a P/E/G ratio of 2.01 and a beta of 1.41. The business's 50-day simple moving average is $45.91 and its two-hundred day simple moving average is $47.89.

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. StockNews.com downgraded Ryanair from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. 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 data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price 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.