Natixis Advisors LLC Buys 587,092 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Natixis Advisors LLC increased its stake in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 149.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 980,122 shares of the transportation company's stock after purchasing an additional 587,092 shares during the period. Natixis Advisors LLC owned approximately 0.18% of Ryanair worth $42,724,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. R Squared Ltd acquired a new position in Ryanair in the 4th quarter worth $42,000. EverSource Wealth Advisors LLC lifted its position in Ryanair by 32.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock worth $42,000 after buying an additional 236 shares in the last quarter. Pinnacle Bancorp Inc. lifted its position in Ryanair by 150.0% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company's stock worth $47,000 after buying an additional 645 shares in the last quarter. 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. Finally, GAMMA Investing LLC lifted its position in Ryanair by 125.4% during the 4th quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company's stock worth $88,000 after buying an additional 1,120 shares in the last quarter. 43.66% of the stock is owned by institutional investors and hedge funds.

Remove Ads

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Ryanair from a "buy" rating to a "hold" rating in a report on Thursday, February 6th. Five investment analysts have rated the stock with a hold rating, two have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $151.00.

Ryanair Trading Down 0.8 %

RYAAY stock traded down $0.37 during mid-day trading on Thursday, reaching $46.86. The company's stock had a trading volume of 2,175,022 shares, compared to its average volume of 1,594,191. The company has a market cap of $24.99 billion, a price-to-earnings ratio of 14.37, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. The business's 50 day moving average price is $45.84 and its 200 day moving average price is $54.44. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair Holdings plc has a 12 month low of $36.96 and a 12 month high of $60.29.

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