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

Raymond James Financial Inc. acquired a new stake in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm 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 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. National Bank of Canada FI raised its stake in Ryanair by 198.6% in the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company's stock valued at $29,000 after acquiring an additional 437 shares during the period. R Squared Ltd acquired a new position in shares of Ryanair in the fourth quarter valued at $42,000. EverSource Wealth Advisors LLC raised its position in shares of Ryanair by 32.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock valued at $42,000 after purchasing an additional 236 shares during the period. Pinnacle Bancorp Inc. lifted its stake 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 worth $47,000 after buying an additional 645 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Ryanair by 125.4% during the 4th quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company's stock worth $88,000 after buying an additional 1,120 shares during the period. Institutional investors own 43.66% of the company's stock.

Ryanair Price Performance

Shares of NASDAQ RYAAY traded down $0.25 during midday trading on Friday, reaching $46.14. The company's stock had a trading volume of 213,051 shares, compared to its average volume of 1,658,936. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market cap of $24.54 billion, a P/E ratio of 14.12, a P/E/G ratio of 2.01 and a beta of 1.41. The business's 50 day moving average price is $45.28 and its two-hundred day moving average price is $44.93. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $56.76.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. On average, analysts forecast that Ryanair Holdings plc will post 3.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

RYAAY has been the subject of several research reports. StockNews.com downgraded shares of Ryanair from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft upgraded Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday, March 27th. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $147.00.

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.