Envestnet Asset Management Inc. Acquires 21,158 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Envestnet Asset Management Inc. grew its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 5.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 439,008 shares of the transportation company's stock after purchasing an additional 21,158 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.08% of Ryanair worth $19,136,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. National Bank of Canada FI increased its holdings in shares of Ryanair by 198.6% in the fourth quarter. National Bank of Canada FI now owns 657 shares of the transportation company's stock worth $29,000 after buying an additional 437 shares during the period. R Squared Ltd bought a new position in Ryanair during the 4th quarter worth approximately $42,000. EverSource Wealth Advisors LLC increased its stake in Ryanair by 32.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock worth $42,000 after purchasing an additional 236 shares during the period. Pinnacle Bancorp Inc. lifted its position in Ryanair by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company's stock valued at $47,000 after purchasing an additional 645 shares during the last quarter. Finally, TD Private Client Wealth LLC boosted its stake in shares of Ryanair by 148.6% during the third quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company's stock valued at $54,000 after purchasing an additional 709 shares during the period. 43.66% of the stock is owned by hedge funds and other institutional investors.

Ryanair Trading Up 1.1 %

Shares of RYAAY traded up $0.50 during trading hours on Friday, reaching $45.68. 981,087 shares of the company traded hands, compared to its average volume of 1,663,225. 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's fifty day moving average price is $45.25 and its two-hundred day moving average price is $44.86. The company has a market capitalization of $24.30 billion, a price-to-earnings ratio of 14.00, a price-to-earnings-growth ratio of 2.01 and a beta of 1.41.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Equities research analysts predict that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on RYAAY shares. Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, March 27th. StockNews.com downgraded Ryanair from a "buy" rating to a "hold" rating in a report on Thursday, February 6th. Three 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. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $147.00.

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.