Cubist Systematic Strategies LLC Makes New Investment in Ryanair Holdings plc (NASDAQ:RYAAY)

Cubist Systematic Strategies LLC bought a new position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 163,621 shares of the transportation company's stock, valued at approximately $7,132,000.

A number of other institutional investors have also recently bought and sold shares of RYAAY. National Bank of Canada FI increased its stake in shares of Ryanair by 198.6% during the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company's stock worth $29,000 after purchasing an additional 437 shares during the last quarter. R Squared Ltd acquired a new position in Ryanair during the fourth quarter worth about $42,000. EverSource Wealth Advisors LLC boosted its holdings in shares of 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. Redwood Park Advisors LLC acquired a new position in shares of Ryanair during the fourth quarter worth $43,000. Finally, Pinnacle Bancorp Inc. raised its holdings in Ryanair by 150.0% during 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 last quarter. Institutional investors and hedge funds own 43.66% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on RYAAY shares. StockNews.com lowered Ryanair from a "buy" rating to a "hold" rating in a 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 given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, Ryanair currently has a consensus rating of "Buy" and an average target price of $147.00.

Ryanair Price Performance

Shares of NASDAQ:RYAAY traded down $0.20 on Monday, hitting $49.60. The company's stock had a trading volume of 1,337,199 shares, compared to its average volume of 1,648,312. The company has a 50-day simple moving average of $45.83 and a 200 day simple moving average of $45.28. The company has a market capitalization of $26.38 billion, a PE ratio of 15.21, a PEG ratio of 2.01 and a beta of 1.37. Ryanair Holdings plc has a 1 year low of $36.96 and a 1 year high of $52.11. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86.

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.