Ryanair Holdings plc (NASDAQ:RYAAY) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. lessened its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 70.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 538,789 shares of the transportation company's stock after selling 1,300,595 shares during the period. Franklin Resources Inc. owned about 0.10% of Ryanair worth $23,486,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of RYAAY. R Squared Ltd purchased a new position in Ryanair in the 4th quarter worth about $42,000. EverSource Wealth Advisors LLC grew its stake in Ryanair by 32.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock worth $42,000 after acquiring an additional 236 shares in the last quarter. Pinnacle Bancorp Inc. increased its position in shares of Ryanair by 150.0% during the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company's stock worth $47,000 after acquiring an additional 645 shares during the period. TD Private Client Wealth LLC raised its stake in shares of Ryanair by 148.6% during the third quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company's stock valued at $54,000 after acquiring an additional 709 shares in the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of Ryanair by 125.4% in the fourth quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company's stock valued at $88,000 after purchasing an additional 1,120 shares during the period. Institutional investors own 43.66% of the company's stock.

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Ryanair Stock Up 4.0 %

Shares of RYAAY traded up $1.71 during trading hours on Friday, hitting $44.15. The company had a trading volume of 1,534,572 shares, compared to its average volume of 1,662,406. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $57.48. The company's fifty day moving average price is $45.33 and its two-hundred day moving average price is $45.81. The company has a market capitalization of $23.55 billion, a PE ratio of 13.53, a price-to-earnings-growth ratio of 2.01 and a beta of 1.41. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. As a group, equities analysts forecast that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. StockNews.com lowered shares of Ryanair from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. Three analysts have rated the stock with a hold rating, three have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $147.00.

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.