Raymond James Financial Inc. Acquires New Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Raymond James Financial Inc. acquired a new stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 423,158 shares of the transportation company's stock, valued at approximately $18,445,000. Raymond James Financial Inc. owned 0.08% of Ryanair as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. R Squared Ltd acquired a new position in Ryanair during the fourth quarter valued at approximately $42,000. Pinnacle Bancorp Inc. lifted its holdings in shares of Ryanair by 150.0% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company's stock valued at $47,000 after acquiring an additional 645 shares in the last quarter. TD Private Client Wealth LLC boosted 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 purchasing an additional 709 shares during the period. GAMMA Investing LLC increased its holdings in Ryanair by 125.4% in the 4th quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company's stock valued at $88,000 after purchasing an additional 1,120 shares in the last quarter. Finally, Pacer Advisors Inc. raised its position in Ryanair by 14.1% in the fourth quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company's stock valued at $95,000 after purchasing an additional 268 shares during the period. 43.66% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Ratings Changes

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

Ryanair Stock Performance

RYAAY stock traded down $0.68 during trading on Friday, hitting $46.18. 1,052,836 shares of the company's stock traded hands, compared to its average volume of 1,595,766. The stock has a fifty day moving average price of $45.89 and a two-hundred day moving average price of $54.39. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair Holdings plc has a 52 week low of $36.96 and a 52 week high of $60.29. The stock has a market capitalization of $24.63 billion, a price-to-earnings ratio of 14.16, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46.

Ryanair (NASDAQ:RYAAY - Get Free Report) last announced its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. As a group, equities analysts anticipate that Ryanair Holdings plc will post 3.09 EPS 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.