Aquatic Capital Management LLC Purchases New Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Aquatic Capital Management LLC acquired a new position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 60,442 shares of the transportation company's stock, valued at approximately $2,635,000.

Several other hedge funds have also recently made changes to their positions in the business. National Bank of Canada FI grew its position in Ryanair by 198.6% in the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company's stock valued at $29,000 after purchasing an additional 437 shares during the period. EverSource Wealth Advisors LLC raised its position in Ryanair by 32.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock worth $42,000 after acquiring an additional 236 shares during the period. R Squared Ltd purchased a new position in Ryanair in the fourth quarter valued at about $42,000. Redwood Park Advisors LLC bought a new position in shares of Ryanair during the 4th quarter valued at approximately $43,000. Finally, Pinnacle Bancorp Inc. raised its holdings in shares of Ryanair by 150.0% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company's stock worth $47,000 after purchasing an additional 645 shares during the period. 43.66% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on RYAAY shares. Deutsche Bank Aktiengesellschaft raised shares of 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 report on Thursday, February 6th. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $147.00.

Ryanair Trading Up 3.4 %

Shares of NASDAQ RYAAY traded up $1.63 during midday trading on Friday, reaching $49.88. The company had a trading volume of 788,477 shares, compared to its average volume of 1,669,965. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $56.76. The firm's fifty day moving average price is $45.47 and its 200-day moving average price is $45.05. The stock has a market cap of $26.53 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 2.01 and a beta of 1.41.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. On average, equities research analysts anticipate that Ryanair Holdings plc will post 3.09 earnings per share 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.