Baldwin Investment Management LLC grew its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 150.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,418 shares of the transportation company's stock after buying an additional 12,851 shares during the quarter. Baldwin Investment Management LLC's holdings in Ryanair were worth $968,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds have also recently modified their holdings of the company. Paradigm Asset Management Co. LLC raised its holdings in Ryanair by 87.5% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company's stock valued at $34,000 after acquiring an additional 350 shares during the period. GAMMA Investing LLC grew its position in shares of Ryanair by 261.5% during the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the transportation company's stock valued at $40,000 after purchasing an additional 646 shares in the last quarter. Signaturefd LLC grew its position in shares of Ryanair by 153.1% during the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company's stock valued at $40,000 after purchasing an additional 539 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in shares of Ryanair by 256.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company's stock valued at $41,000 after purchasing an additional 215 shares in the last quarter. Finally, Ridgewood Investments LLC purchased a new position in shares of Ryanair during the 2nd quarter valued at $50,000. Institutional investors own 43.66% of the company's stock.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on RYAAY. UBS Group upgraded shares of Ryanair from a "hold" rating to a "strong-buy" rating in a research report on Monday, November 11th. Barclays upgraded shares of Ryanair from an "equal weight" rating to an "overweight" rating in a research report on Friday, October 25th. Sanford C. Bernstein cut their price target on shares of 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 shares of Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, November 14th. Finally, The Goldman Sachs Group upgraded shares of Ryanair to a "strong-buy" rating in a research report on Friday, August 9th. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $154.67.
Check Out Our Latest Report on RYAAY
Ryanair Price Performance
Shares of NASDAQ:RYAAY traded up $0.15 on Wednesday, reaching $43.47. The company's stock had a trading volume of 310,572 shares, compared to its average volume of 1,606,115. Ryanair Holdings plc has a 52-week low of $36.96 and a 52-week high of $60.29. The company has a market cap of $23.65 billion, a P/E ratio of 14.44, a PEG ratio of 2.52 and a beta of 1.54. The company has a 50-day simple moving average of $55.69 and a 200 day simple moving average of $92.80. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81.
Ryanair (NASDAQ:RYAAY - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The transportation company reported $2.82 EPS for the quarter, missing analysts' consensus estimates 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 analysts' expectations of $5.59 billion. During the same period in the previous year, the business earned $2.88 earnings per share. As a group, equities research analysts anticipate that Ryanair Holdings plc will post 2.97 EPS for the current fiscal year.
Ryanair Profile
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Free Report)
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.
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