Ryanair Holdings plc (NASDAQ:RYAAY) Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA lessened its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 2.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,045,772 shares of the transportation company's stock after selling 22,478 shares during the quarter. Primecap Management Co. CA owned 0.19% of Ryanair worth $45,585,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Massachusetts Financial Services Co. MA increased its position in shares of Ryanair by 188.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 27,263,436 shares of the transportation company's stock worth $1,231,762,000 after acquiring an additional 17,810,361 shares during the last quarter. FMR LLC increased its position in shares of Ryanair by 35.3% during the third quarter. FMR LLC now owns 8,734,646 shares of the transportation company's stock worth $394,631,000 after acquiring an additional 2,279,679 shares during the last quarter. Janus Henderson Group PLC increased its position in shares of Ryanair by 169.7% during the third quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company's stock worth $284,893,000 after acquiring an additional 3,967,436 shares during the last quarter. Metropolis Capital Ltd increased its position in shares of Ryanair by 14.7% during the fourth quarter. Metropolis Capital Ltd now owns 4,593,130 shares of the transportation company's stock worth $200,215,000 after acquiring an additional 587,023 shares during the last quarter. Finally, Trinity Street Asset Management LLP increased its position in shares of Ryanair by 6.0% during the fourth quarter. Trinity Street Asset Management LLP now owns 3,980,848 shares of the transportation company's stock worth $173,525,000 after acquiring an additional 225,098 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company's stock.

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Analysts Set New Price Targets

Separately, StockNews.com lowered Ryanair from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th. Five equities research analysts have rated the stock with a hold rating, two have issued a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $151.00.

Ryanair Stock Down 1.5 %

Ryanair stock traded down $0.68 during midday trading on Friday, hitting $46.18. The stock had a trading volume of 1,095,972 shares, compared to its average volume of 1,599,025. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The stock has a market cap of $24.63 billion, a P/E ratio of 14.16, a P/E/G ratio of 2.01 and a beta of 1.46. Ryanair Holdings plc has a 12 month low of $36.96 and a 12 month high of $60.29. The business has a fifty day moving average price of $45.96 and a 200 day moving average price of $53.94.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its 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 return on equity of 21.46% and a net margin of 12.14%. Research analysts predict that Ryanair Holdings plc will post 3.09 EPS for the current year.

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.