Pragma Gestao DE Patrimonio Ltd. Has $10.17 Million Stock Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Pragma Gestao DE Patrimonio Ltd. boosted its stake in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 150.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 225,000 shares of the transportation company's stock after buying an additional 135,000 shares during the period. Ryanair accounts for 5.3% of Pragma Gestao DE Patrimonio Ltd.'s portfolio, making the stock its 8th biggest holding. Pragma Gestao DE Patrimonio Ltd.'s holdings in Ryanair were worth $10,166,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Transcendent Capital Group LLC acquired a new stake in Ryanair during the first quarter valued at approximately $29,000. GAMMA Investing LLC grew its holdings in shares of Ryanair by 261.5% in the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the transportation company's stock worth $40,000 after acquiring an additional 646 shares during the last quarter. Signaturefd LLC grew its holdings in shares of Ryanair by 153.1% in the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company's stock worth $40,000 after acquiring an additional 539 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Ryanair by 256.0% during the first quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company's stock worth $41,000 after purchasing an additional 215 shares during the period. Finally, Advisors Asset Management Inc. purchased a new stake in shares of Ryanair during the first quarter valued at $50,000. Institutional investors and hedge funds own 43.66% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Barclays raised shares of Ryanair from an "equal weight" rating to an "overweight" rating in a research report on Friday, October 25th. Citigroup raised shares of Ryanair to a "strong-buy" rating in a research report on Friday, August 2nd. Sanford C. Bernstein decreased their price target on shares of Ryanair from $149.00 to $147.00 and set an "outperform" rating for the company in a report on Thursday, August 29th. HSBC lowered Ryanair from a "buy" rating to a "hold" rating in a research note on Friday, July 12th. Finally, The Goldman Sachs Group raised Ryanair to a "strong-buy" rating in a report on Friday, August 9th. Five analysts have rated the stock with a hold rating, three have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $154.67.

Ryanair Stock Down 3.4 %

RYAAY traded down $1.62 during trading hours on Friday, hitting $45.68. 1,498,575 shares of the company's stock were exchanged, compared to its average volume of 1,621,974. The stock has a market cap of $24.99 billion, a price-to-earnings ratio of 15.23, a PEG ratio of 2.66 and a beta of 1.54. Ryanair Holdings plc has a 1-year low of $36.96 and a 1-year high of $60.29. The stock's 50-day moving average is $71.58 and its two-hundred day moving average is $101.10. The company has a quick ratio of 0.93, a current ratio of 0.81 and a debt-to-equity ratio of 0.22.

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). The company had revenue of $5.57 billion during the quarter, compared to the consensus estimate of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same quarter in the prior year, the business earned $2.88 earnings per share. Sell-side analysts predict that Ryanair Holdings plc will post 2.96 earnings per share for the current fiscal year.

Ryanair Company 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.