PEAK6 Investments LLC Has $2.81 Million Stock Position in Ryanair Holdings plc (NASDAQ:RYAAY)

PEAK6 Investments LLC grew its holdings in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 1,453.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 62,122 shares of the transportation company's stock after purchasing an additional 58,122 shares during the quarter. PEAK6 Investments LLC's holdings in Ryanair were worth $2,807,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of RYAAY. Hyperion Capital Advisors LP grew its position in Ryanair by 150.0% during the 3rd quarter. Hyperion Capital Advisors LP now owns 71,375 shares of the transportation company's stock worth $3,225,000 after purchasing an additional 42,825 shares during the last quarter. Baldwin Investment Management LLC raised its position in Ryanair by 150.0% during the third quarter. Baldwin Investment Management LLC now owns 21,418 shares of the transportation company's stock worth $968,000 after acquiring an additional 12,851 shares during the period. FMR LLC raised its position in shares of Ryanair by 35.3% in the third quarter. FMR LLC now owns 8,734,646 shares of the transportation company's stock valued at $394,631,000 after buying an additional 2,279,679 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Ryanair by 150.7% during the third quarter. The Manufacturers Life Insurance Company now owns 807,469 shares of the transportation company's stock worth $36,481,000 after purchasing an additional 485,395 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its position in Ryanair by 200.8% during the third quarter. Daiwa Securities Group Inc. now owns 26,725 shares of the transportation company's stock worth $1,207,000 after purchasing an additional 17,840 shares during the last quarter. Institutional investors own 43.66% of the company's stock.

Wall Street Analyst Weigh In

RYAAY has been the topic of several analyst reports. StockNews.com raised shares of Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, November 14th. Barclays raised shares of Ryanair from an "equal weight" rating to an "overweight" rating in a report on Friday, October 25th. Sanford C. Bernstein cut their price objective on shares of Ryanair from $149.00 to $147.00 and set an "outperform" rating on the stock in a report on Thursday, August 29th. UBS Group raised shares of Ryanair from a "hold" rating to a "strong-buy" rating in a report on Monday, November 11th. Finally, The Goldman Sachs Group raised shares of Ryanair to a "strong-buy" rating in a report on Friday, August 9th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and four have assigned a strong buy rating to the stock. According to MarketBeat, Ryanair presently has an average rating of "Buy" and a consensus price target of $154.67.

Ryanair Stock Performance

NASDAQ RYAAY traded up $0.18 during trading hours on Monday, hitting $44.22. The company had a trading volume of 767,381 shares, compared to its average volume of 1,600,276. The firm has a market cap of $24.06 billion, a P/E ratio of 14.74, a price-to-earnings-growth ratio of 2.54 and a beta of 1.54. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $60.29. The business has a fifty day simple moving average of $50.16 and a 200-day simple moving average of $90.43.

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