Zions Bancorporation N.A. Purchases 12,946 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Zions Bancorporation N.A. lifted its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 265.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,820 shares of the transportation company's stock after buying an additional 12,946 shares during the quarter. Zions Bancorporation N.A.'s holdings in Ryanair were worth $805,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Baillie Gifford & Co. increased its holdings in shares of Ryanair by 175.7% during the 3rd quarter. Baillie Gifford & Co. now owns 23,548,902 shares of the transportation company's stock worth $1,063,939,000 after acquiring an additional 15,008,023 shares during the last quarter. Capital International Investors increased its holdings 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 acquiring an additional 3,734,770 shares during the last quarter. Capital World Investors increased its holdings in shares of Ryanair by 30.0% during the 1st 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. Metropolis Capital Ltd increased its holdings in shares of Ryanair by 177.4% during the 3rd quarter. Metropolis Capital Ltd now owns 4,006,107 shares of the transportation company's stock worth $180,996,000 after acquiring an additional 2,562,066 shares during the last quarter. Finally, Trinity Street Asset Management LLP increased its holdings in shares of 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 acquiring an additional 2,279,250 shares during the last quarter. 43.66% of the stock is owned by institutional investors.

Ryanair Trading Down 0.5 %

Shares of RYAAY traded down $0.21 during mid-day trading on Friday, reaching $44.87. 1,091,259 shares of the company were exchanged, compared to its average volume of 1,615,121. Ryanair Holdings plc has a 52 week low of $36.96 and a 52 week high of $60.29. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a market capitalization of $24.55 billion, a PE ratio of 14.98, a PEG ratio of 2.57 and a beta of 1.54. The business has a 50 day simple moving average of $66.30 and a two-hundred day simple moving average of $98.46.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its earnings results on Monday, November 4th. The transportation company reported $2.82 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 analyst estimates of $5.59 billion. During the same period in the prior year, the business earned $2.88 EPS. On average, analysts predict that Ryanair Holdings plc will post 2.97 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Citigroup raised Ryanair to a "strong-buy" rating in a report on Friday, August 2nd. Sanford C. Bernstein decreased their price objective on Ryanair from $149.00 to $147.00 and set an "outperform" rating on the stock in a report on Thursday, August 29th. StockNews.com raised Ryanair from a "hold" rating to a "buy" rating in a report on Thursday. Barclays raised Ryanair from an "equal weight" rating to an "overweight" rating in a report on Friday, October 25th. Finally, UBS Group raised Ryanair from a "hold" rating to a "strong-buy" rating in a report on Monday. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and four have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock 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.