Orion Portfolio Solutions LLC Has $2.54 Million Stake in Ryanair Holdings plc (NASDAQ:RYAAY)

Orion Portfolio Solutions LLC increased its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 139.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 56,229 shares of the transportation company's stock after buying an additional 32,794 shares during the period. Orion Portfolio Solutions LLC's holdings in Ryanair were worth $2,540,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of RYAAY. Massachusetts Financial Services Co. MA raised its position in shares of Ryanair by 188.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 27,263,436 shares of the transportation company's stock valued at $1,231,762,000 after buying an additional 17,810,361 shares during the last quarter. Baillie Gifford & Co. lifted its position in shares of Ryanair by 175.7% in the 3rd quarter. Baillie Gifford & Co. now owns 23,548,902 shares of the transportation company's stock worth $1,063,939,000 after acquiring an additional 15,008,023 shares during the period. FMR LLC grew its holdings in shares of Ryanair by 35.3% during the 3rd quarter. FMR LLC now owns 8,734,646 shares of the transportation company's stock worth $394,631,000 after purchasing an additional 2,279,679 shares in the last quarter. Janus Henderson Group PLC increased its position in shares of Ryanair by 169.7% during the third quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company's stock valued at $284,893,000 after purchasing an additional 3,967,436 shares during the period. Finally, Metropolis Capital Ltd raised its stake in shares of Ryanair by 177.4% in the third quarter. Metropolis Capital Ltd now owns 4,006,107 shares of the transportation company's stock valued at $180,996,000 after purchasing an additional 2,562,066 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Trading Down 0.9 %

NASDAQ:RYAAY traded down $0.43 during trading hours on Thursday, hitting $45.57. The stock had a trading volume of 861,857 shares, compared to its average volume of 1,581,037. The business's 50 day moving average is $44.70 and its 200-day moving average is $86.84. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market cap of $24.80 billion, a price-to-earnings ratio of 15.56, a P/E/G ratio of 2.69 and a beta of 1.51. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $60.29.

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

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. UBS Group upgraded shares of Ryanair from a "hold" rating to a "strong-buy" rating in a research note on Monday, November 11th. Sanford C. Bernstein cut their target price on Ryanair from $149.00 to $147.00 and set an "outperform" rating for the company in a research report on Thursday, August 29th. StockNews.com upgraded Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, November 14th. Finally, Barclays raised Ryanair from an "equal weight" rating to an "overweight" rating in a report on Friday, October 25th. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat.com, Ryanair currently has an average rating of "Buy" and an average price target of $154.67.

About Ryanair

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.