Oppenheimer Asset Management Inc. Has $2.05 Million Stake in Ryanair Holdings plc (NASDAQ:RYAAY)

Oppenheimer Asset Management Inc. grew its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 702.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,323 shares of the transportation company's stock after acquiring an additional 39,674 shares during the period. Oppenheimer Asset Management Inc.'s holdings in Ryanair were worth $2,048,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in RYAAY. Transcendent Capital Group LLC bought a new stake in shares of Ryanair during the 1st quarter worth approximately $29,000. EverSource Wealth Advisors LLC grew its stake in shares of Ryanair by 256.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company's stock valued at $41,000 after buying an additional 215 shares during the period. Advisors Asset Management Inc. acquired a new stake in Ryanair in the first quarter valued at approximately $50,000. Ridgewood Investments LLC bought a new stake in shares of Ryanair during the second quarter valued at approximately $50,000. Finally, Paradigm Asset Management Co. LLC lifted its holdings in shares of Ryanair by 87.5% in the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company's stock worth $34,000 after purchasing an additional 350 shares in the last quarter. Institutional investors own 43.66% of the company's stock.

Ryanair Stock Performance

Shares of NASDAQ:RYAAY traded down $0.21 on Friday, hitting $44.87. 1,091,264 shares of the company were exchanged, compared to its average volume of 1,385,722. The company's 50 day moving average price is $64.95 and its two-hundred day moving average price is $97.54. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $60.29. The firm has a market capitalization of $24.55 billion, a price-to-earnings ratio of 14.96, a PEG ratio of 2.59 and a beta of 1.54.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing analysts' consensus estimates of $2.91 by ($0.09). Ryanair had a net margin of 11.38% and a return on equity of 19.92%. The company had revenue of $5.57 billion during the quarter, compared to analyst estimates of $5.59 billion. During the same period last year, the company earned $2.88 EPS. Research analysts expect that Ryanair Holdings plc will post 2.97 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on RYAAY shares. UBS Group upgraded shares of Ryanair from a "hold" rating to a "strong-buy" rating in a report on Monday, November 11th. Barclays raised Ryanair from an "equal weight" rating to an "overweight" rating in a research report on Friday, October 25th. Sanford C. Bernstein cut their price target on Ryanair from $149.00 to $147.00 and set an "outperform" rating for the company in a report on Thursday, August 29th. Citigroup raised shares of Ryanair to a "strong-buy" rating in a research report on Friday, August 2nd. Finally, The Goldman Sachs Group raised shares of Ryanair to a "strong-buy" rating in a report on Friday, August 9th. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and four have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Ryanair 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.