Ameriprise Financial Inc. Has $82.94 Million Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Ameriprise Financial Inc. reduced its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 14.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,902,710 shares of the transportation company's stock after selling 332,485 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.35% of Ryanair worth $82,940,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in RYAAY. Capital International Investors grew its holdings in Ryanair by 6.1% in the 4th quarter. Capital International Investors now owns 38,800,258 shares of the transportation company's stock valued at $1,691,536,000 after buying an additional 2,231,153 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Ryanair by 3.0% in 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 acquiring an additional 828,019 shares in the last quarter. Metropolis Capital Ltd increased its position in 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 period. Trinity Street Asset Management LLP raised its stake in 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 worth $173,525,000 after purchasing an additional 225,098 shares in the last quarter. Finally, FIL Ltd boosted its holdings in Ryanair by 5.8% in the 4th quarter. FIL Ltd now owns 3,804,773 shares of the transportation company's stock valued at $165,850,000 after purchasing an additional 209,424 shares during the period. 43.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Ryanair Price Performance

Shares of NASDAQ RYAAY traded down $0.93 during trading hours on Friday, hitting $49.85. 800,328 shares of the stock were exchanged, compared to its average volume of 1,649,561. The company's fifty day simple moving average is $45.83 and its two-hundred day simple moving average is $45.27. The company has a market cap of $26.52 billion, a PE ratio of 15.28, a price-to-earnings-growth ratio of 2.01 and a beta of 1.37. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. Ryanair Holdings plc has a 1-year low of $36.96 and a 1-year high of $52.11.

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.