Trexquant Investment LP Raises Stock Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Trexquant Investment LP grew its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 249.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 44,142 shares of the transportation company's stock after buying an additional 31,493 shares during the period. Trexquant Investment LP's holdings in Ryanair were worth $1,924,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RYAAY. EverSource Wealth Advisors LLC boosted its position in Ryanair by 32.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock valued at $42,000 after acquiring an additional 236 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its position in shares of Ryanair by 8.3% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 3,369 shares of the transportation company's stock valued at $147,000 after purchasing an additional 259 shares in the last quarter. Schechter Investment Advisors LLC grew its stake in Ryanair by 2.3% in the fourth quarter. Schechter Investment Advisors LLC now owns 11,584 shares of the transportation company's stock worth $505,000 after purchasing an additional 261 shares during the period. Pacer Advisors Inc. raised its holdings in Ryanair by 14.1% in the fourth quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company's stock worth $95,000 after purchasing an additional 268 shares in the last quarter. Finally, Gallacher Capital Management LLC lifted its position in Ryanair by 3.5% during the fourth quarter. Gallacher Capital Management LLC now owns 10,822 shares of the transportation company's stock valued at $472,000 after buying an additional 364 shares during the period. Institutional investors own 43.66% of the company's stock.

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Ryanair Stock Up 0.9 %

Shares of NASDAQ RYAAY traded up $0.41 during midday trading on Monday, hitting $44.56. The stock had a trading volume of 211,698 shares, compared to its average volume of 1,692,780. The business's 50 day moving average is $45.33 and its 200-day moving average is $45.30. Ryanair Holdings plc has a 52 week low of $36.96 and a 52 week high of $57.48. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. The company has a market cap of $23.70 billion, a P/E ratio of 13.66, a PEG ratio of 2.01 and a beta of 1.41.

Ryanair (NASDAQ:RYAAY - Get Free Report) last issued 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%. As a group, analysts predict that Ryanair Holdings plc will post 3.09 EPS for the current year.

Wall Street Analyst Weigh In

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

About Ryanair

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.