Fmr LLC Has $394.63 Million Position in Ryanair Holdings plc (NASDAQ:RYAAY)

FMR LLC raised its holdings in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 35.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,734,646 shares of the transportation company's stock after acquiring an additional 2,279,679 shares during the period. FMR LLC owned about 1.60% of Ryanair worth $394,631,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of RYAAY. EverSource Wealth Advisors LLC lifted its position in Ryanair by 256.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company's stock valued at $41,000 after acquiring an additional 215 shares in the last quarter. Advisors Asset Management Inc. acquired a new position in shares of Ryanair during the first quarter worth about $50,000. Ridgewood Investments LLC acquired a new position in shares of Ryanair during the second quarter worth about $50,000. Paradigm Asset Management Co. LLC grew its holdings in shares of Ryanair by 87.5% during the third quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company's stock worth $34,000 after buying an additional 350 shares in the last quarter. Finally, Signaturefd LLC raised its position in Ryanair by 153.1% in the 3rd quarter. Signaturefd LLC now owns 891 shares of the transportation company's stock valued at $40,000 after buying an additional 539 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors.

Ryanair Price Performance

NASDAQ:RYAAY traded up $0.18 during mid-day trading on Friday, reaching $44.04. The stock had a trading volume of 618,725 shares, compared to its average volume of 1,442,881. The stock has a 50-day simple moving average of $51.54 and a two-hundred day simple moving average of $91.01. The stock has a market capitalization of $23.96 billion, a PE ratio of 14.68, a P/E/G ratio of 2.54 and a beta of 1.54. Ryanair Holdings plc has a 12 month low of $36.96 and a 12 month high of $60.29. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.81 and a quick ratio of 0.81.

Ryanair (NASDAQ:RYAAY - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share (EPS) 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 company had revenue of $5.57 billion for the quarter, compared to the consensus estimate of $5.59 billion. During the same period last year, the firm posted $2.88 earnings per share. On average, equities analysts anticipate that Ryanair Holdings plc will post 2.97 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

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.