Ryanair Holdings plc (NASDAQ:RYAAY) Position Increased by Lancaster Investment Management

Lancaster Investment Management boosted its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 151.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 456,781 shares of the transportation company's stock after purchasing an additional 274,934 shares during the period. Ryanair comprises 12.9% of Lancaster Investment Management's investment portfolio, making the stock its 3rd biggest position. Lancaster Investment Management owned approximately 0.08% of Ryanair worth $20,637,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital International Investors raised its position in shares of Ryanair by 34.9% during the 1st quarter. Capital International Investors now owns 14,422,006 shares of the transportation company's stock worth $2,099,700,000 after purchasing an additional 3,734,770 shares during the last quarter. Capital World Investors raised its holdings in shares of Ryanair by 30.0% in the first quarter. Capital World Investors now owns 12,085,927 shares of the transportation company's stock worth $1,759,590,000 after acquiring an additional 2,791,513 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of Ryanair by 2.0% in the second quarter. Massachusetts Financial Services Co. MA now owns 9,453,075 shares of the transportation company's stock valued at $1,100,716,000 after acquiring an additional 183,584 shares in the last quarter. Metropolis Capital Ltd boosted its stake in shares of Ryanair by 177.4% during the third quarter. Metropolis Capital Ltd now owns 4,006,107 shares of the transportation company's stock valued at $180,996,000 after acquiring an additional 2,562,066 shares during the last quarter. Finally, Trinity Street Asset Management LLP increased its position in Ryanair by 154.4% during the 3rd quarter. Trinity Street Asset Management LLP now owns 3,755,750 shares of the transportation company's stock worth $169,685,000 after purchasing an additional 2,279,250 shares in the last quarter. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Trading Down 3.4 %

Shares of NASDAQ RYAAY traded down $1.62 during midday trading on Friday, hitting $45.68. The stock had a trading volume of 1,498,575 shares, compared to its average volume of 1,621,974. The company has a fifty day moving average price of $71.58 and a 200 day moving average price of $101.10. The company has a market capitalization 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 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 released its quarterly earnings data 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 return on equity of 19.92% and a net margin of 11.38%. The business had revenue of $5.57 billion for the quarter, compared to analysts' expectations of $5.59 billion. During the same quarter in the prior year, the firm earned $2.88 earnings per share. On average, analysts predict that Ryanair Holdings plc will post 2.96 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Citigroup raised shares of Ryanair to a "strong-buy" rating in a research note on Friday, August 2nd. HSBC cut shares of Ryanair from a "buy" rating to a "hold" rating in a research note on Friday, July 12th. StockNews.com upgraded Ryanair from a "hold" rating to a "buy" rating in a report on Tuesday. Hsbc Global Res upgraded Ryanair to a "hold" rating in a research note on Friday, July 12th. Finally, Sanford C. Bernstein reduced their target price on Ryanair from $149.00 to $147.00 and set an "outperform" rating on the stock in a research report on Thursday, August 29th. Five analysts have rated the stock with a hold rating, three have assigned a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $154.67.

Ryanair 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.