Lansdowne Partners UK LLP Buys 66,181 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Lansdowne Partners UK LLP increased its holdings in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 29.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 291,053 shares of the transportation company's stock after acquiring an additional 66,181 shares during the period. Ryanair comprises approximately 0.9% of Lansdowne Partners UK LLP's portfolio, making the stock its 12th biggest holding. Lansdowne Partners UK LLP owned about 0.05% of Ryanair worth $12,687,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Charles Schwab Investment Management Inc. bought a new position in Ryanair during the third quarter valued at $4,067,000. Stifel Financial Corp boosted its position in Ryanair by 146.8% during the third quarter. Stifel Financial Corp now owns 51,656 shares of the transportation company's stock worth $2,334,000 after purchasing an additional 30,723 shares during the period. Geode Capital Management LLC lifted its stake in shares of Ryanair by 171.6% during the 3rd quarter. Geode Capital Management LLC now owns 656,244 shares of the transportation company's stock valued at $29,649,000 after buying an additional 414,595 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Ryanair by 145.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,779,187 shares of the transportation company's stock worth $170,744,000 after buying an additional 2,240,230 shares during the period. Finally, Sanctuary Advisors LLC raised its holdings in Ryanair by 171.6% during the 3rd quarter. Sanctuary Advisors LLC now owns 41,708 shares of the transportation company's stock valued at $1,793,000 after acquiring an additional 26,349 shares during the period. 43.66% of the stock is owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on RYAAY. StockNews.com cut Ryanair from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $147.00.

Ryanair Price Performance

Shares of NASDAQ RYAAY traded up $0.76 during mid-day trading on Tuesday, reaching $45.25. 72,844 shares of the company were exchanged, compared to its average volume of 1,652,688. The stock has a market capitalization of $24.07 billion, a PE ratio of 13.87, a PEG ratio of 2.01 and a beta of 1.41. 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 52 week low of $36.96 and a 52 week high of $57.48. The company's 50 day moving average price is $45.28 and its 200 day moving average price is $44.83.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Sell-side analysts forecast that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal 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.