W.G. Shaheen & Associates DBA Whitney & Co Purchases 159,019 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

W.G. Shaheen & Associates DBA Whitney & Co increased its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 150.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 264,930 shares of the transportation company's stock after purchasing an additional 159,019 shares during the quarter. Ryanair makes up 1.3% of W.G. Shaheen & Associates DBA Whitney & Co's holdings, making the stock its 28th largest position. W.G. Shaheen & Associates DBA Whitney & Co's holdings in Ryanair were worth $11,970,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the business. Baillie Gifford & Co. lifted its position 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 buying an additional 15,008,023 shares during the last quarter. Capital International Investors increased its holdings in Ryanair by 34.9% in the first quarter. Capital International Investors now owns 14,422,006 shares of the transportation company's stock worth $2,099,700,000 after purchasing an additional 3,734,770 shares in the last quarter. Capital World Investors grew its stake in shares of Ryanair by 30.0% in the 1st quarter. Capital World Investors now owns 12,085,927 shares of the transportation company's stock valued at $1,759,590,000 after buying an additional 2,791,513 shares during the period. Metropolis Capital Ltd lifted its position in Ryanair by 177.4% in the 3rd quarter. Metropolis Capital Ltd now owns 4,006,107 shares of the transportation company's stock valued at $180,996,000 after acquiring an additional 2,562,066 shares in the last quarter. Finally, Trinity Street Asset Management LLP boosted its holdings in 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. Institutional investors own 43.66% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Citigroup raised shares of Ryanair to a "strong-buy" rating in a research report on Friday, August 2nd. StockNews.com raised Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, November 14th. UBS Group upgraded Ryanair from a "hold" rating to a "strong-buy" rating in a report on Monday, November 11th. Barclays upgraded Ryanair from an "equal weight" rating to an "overweight" rating in a research note on Friday, October 25th. Finally, Sanford C. Bernstein reduced their target price on shares of Ryanair from $149.00 to $147.00 and set an "outperform" rating for the company in a research report on Thursday, August 29th. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and four have issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $154.67.

Ryanair Trading Up 0.2 %

Shares of NASDAQ RYAAY traded up $0.11 during mid-day trading on Tuesday, hitting $44.86. The stock had a trading volume of 940,653 shares, compared to its average volume of 1,609,392. The firm has a market cap of $24.41 billion, a P/E ratio of 14.67, a price-to-earnings-growth ratio of 2.59 and a beta of 1.54. 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 business has a 50 day moving average price of $63.58 and a two-hundred day moving average price of $96.59. Ryanair Holdings plc has a 1 year low of $36.96 and a 1 year high of $60.29.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing analysts' consensus estimates of $2.91 by ($0.09). Ryanair had a return on equity of 19.92% and a net margin of 11.38%. The firm had revenue of $5.57 billion for the quarter, compared to analysts' expectations of $5.59 billion. During the same quarter in the prior year, the company posted $2.88 earnings per share. On average, equities analysts anticipate that Ryanair Holdings plc will post 2.97 EPS for the current fiscal 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.