Massachusetts Financial Services Co. MA Purchases 828,019 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Massachusetts Financial Services Co. MA boosted its stake in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 3.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,091,455 shares of the transportation company's stock after acquiring an additional 828,019 shares during the quarter. Massachusetts Financial Services Co. MA owned 5.20% of Ryanair worth $1,224,507,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. National Bank of Canada FI grew its stake in shares of Ryanair by 198.6% during the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company's stock worth $29,000 after acquiring an additional 437 shares in the last quarter. R Squared Ltd bought a new position in Ryanair in the fourth quarter valued at $42,000. EverSource Wealth Advisors LLC increased its stake in Ryanair by 32.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock valued at $42,000 after buying an additional 236 shares during the last quarter. Pinnacle Bancorp Inc. increased its stake in Ryanair by 150.0% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company's stock valued at $47,000 after buying an additional 645 shares during the last quarter. Finally, TD Private Client Wealth LLC lifted its position in Ryanair by 148.6% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company's stock worth $54,000 after buying an additional 709 shares in the last quarter. 43.66% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft raised Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, March 27th. StockNews.com lowered Ryanair from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $147.00.

Ryanair Stock Performance

NASDAQ:RYAAY traded down $1.82 during mid-day trading on Friday, hitting $40.10. The stock had a trading volume of 1,372,942 shares, compared to its average volume of 1,636,046. Ryanair Holdings plc has a twelve month low of $36.96 and a twelve month high of $60.29. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a market cap of $21.39 billion, a price-to-earnings ratio of 12.29, a PEG ratio of 2.01 and a beta of 1.41. The company's 50 day simple moving average is $46.05 and its 200 day simple moving average is $48.86.

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, topping 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 research analysts forecast that Ryanair Holdings plc will post 3.09 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.