137,942 Shares of Ryanair Holdings PLC $RYAAY Bought by Brooklands Fund Management Ltd

Key Points

• Brooklands Fund Management acquired 137,942 Ryanair shares worth approximately $7.6 million, making the airline 1.1% of its portfolio and its 22nd-largest holding.
• Institutional ownership stands at 43.65%, with several major investors—including Sei Investments and Bank of America—also increasing their stakes.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $73.97, while Ryanair shares recently traded at $53.39 and remain below their 52-week high of $74.24.

Brooklands Fund Management Ltd acquired a new position in shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 137,942 shares of the transportation company's stock, valued at approximately $7,588,000. Ryanair comprises approximately 1.1% of Brooklands Fund Management Ltd's holdings, making the stock its 22nd largest holding.

Several other hedge funds have also added to or reduced their stakes in the stock. Janus Henderson Group PLC increased its stake in shares of Ryanair by 3.3% during the 1st quarter. Janus Henderson Group PLC now owns 5,752,264 shares of the transportation company's stock worth $332,480,000 after purchasing an additional 185,110 shares during the last quarter. Wellington Management Group LLP increased its position in Ryanair by 0.4% in the second quarter. Wellington Management Group LLP now owns 4,007,671 shares of the transportation company's stock worth $259,497,000 after buying an additional 14,074 shares during the last quarter. Trinity Street Asset Management LLP increased its position in Ryanair by 3.2% in the second quarter. Trinity Street Asset Management LLP now owns 3,567,449 shares of the transportation company's stock worth $230,992,000 after buying an additional 110,700 shares during the last quarter. Sei Investments Co. raised its stake in shares of Ryanair by 34.3% in the first quarter. Sei Investments Co. now owns 2,172,317 shares of the transportation company's stock valued at $125,560,000 after buying an additional 555,029 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of Ryanair by 9.0% in the first quarter. Bank of America Corp DE now owns 2,052,677 shares of the transportation company's stock valued at $118,645,000 after buying an additional 170,242 shares during the period. Institutional investors own 43.65% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Barclays downgraded Ryanair from an "overweight" rating to an "equal weight" rating in a research note on Friday, October 9th. Morgan Stanley began coverage on Ryanair in a research note on Friday, August 14th. They issued an "overweight" rating and a $62.90 price objective on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Ryanair in a report on Tuesday, July 14th. Weiss Ratings lowered shares of Ryanair from a "hold (c+)" rating to a "hold (c)" rating in a research report on Friday, September 4th. Finally, Zacks Research upgraded shares of Ryanair from a "strong sell" rating to a "hold" rating in a research note on Tuesday, October 13th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $73.97.

Ryanair Trading Up 2.1%

RYAAY stock opened at $53.39 on Friday. The company's 50 day moving average is $54.22 and its 200 day moving average is $59.93. The stock has a market cap of $27.65 billion, a price-to-earnings ratio of 12.02, a price-to-earnings-growth ratio of 4.28 and a beta of 1.19. Ryanair Holdings PLC has a 1-year low of $51.02 and a 1-year high of $74.24.

Ryanair Profile

Ryanair Holdings plc is an Ireland-based airline group and the parent company of Ryanair, one of Europe's largest low-cost carriers. The group operates a primarily short-haul network focused on affordable air travel, offering scheduled passenger flights, seat reservations, priority boarding, and related travel services.

Ryanair's airline operations include Ryanair DAC, Malta Air, Buzz, Lauda, and Ryanair UK. Together, these carriers serve destinations across Europe and selected markets in North Africa and the Middle East, connecting major cities and regional airports through a point-to-point route network.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.