Wells Fargo & Company MN Sells 11,451 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Wells Fargo & Company MN lowered its holdings in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 2.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 542,272 shares of the transportation company's stock after selling 11,451 shares during the period. Wells Fargo & Company MN owned about 0.10% of Ryanair worth $23,638,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA lifted its stake in Ryanair by 3.0% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 28,091,455 shares of the transportation company's stock valued at $1,224,507,000 after buying an additional 828,019 shares in the last quarter. Metropolis Capital Ltd raised its holdings 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 valued at $200,215,000 after acquiring an additional 587,023 shares during the period. Trinity Street Asset Management LLP lifted its position in shares of Ryanair by 6.0% in the 4th quarter. Trinity Street Asset Management LLP now owns 3,980,848 shares of the transportation company's stock valued at $173,525,000 after acquiring an additional 225,098 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Ryanair by 145.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,779,187 shares of the transportation company's stock worth $170,744,000 after purchasing an additional 2,240,230 shares during the period. Finally, Wellington Management Group LLP grew its position in Ryanair by 21.8% during the 4th quarter. Wellington Management Group LLP now owns 3,257,174 shares of the transportation company's stock worth $141,980,000 after purchasing an additional 583,699 shares in the last quarter. 43.66% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports 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 downgraded Ryanair from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. Three research 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 company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $147.00.

Ryanair Stock Up 1.1 %

Shares of Ryanair stock traded up $0.50 on Friday, hitting $45.68. 981,087 shares of the company traded hands, compared to its average volume of 1,661,318. Ryanair Holdings plc has a 12-month low of $36.96 and a 12-month 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 $24.30 billion, a PE ratio of 14.00, a PEG ratio of 2.01 and a beta of 1.41. The company has a 50-day moving average price of $45.23 and a 200 day moving average price of $44.84.

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 analysts' consensus estimates of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Sell-side analysts predict that Ryanair Holdings plc will post 3.09 earnings per share for the current year.

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.