Ritholtz Wealth Management Acquires New Position in Ryanair Holdings PLC (NASDAQ:RYAAY)

Ritholtz Wealth Management purchased a new stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,076 shares of the transportation company's stock, valued at approximately $215,000.

Other large investors have also recently added to or reduced their stakes in the company. National Bank of Canada FI grew its holdings in shares of Ryanair by 198.6% during the fourth 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. EverSource Wealth Advisors LLC boosted its holdings in Ryanair by 32.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock worth $42,000 after buying an additional 236 shares during the last quarter. Redwood Park Advisors LLC acquired a new stake in Ryanair during the 4th quarter worth approximately $43,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Ryanair during the 1st quarter worth approximately $48,000. Finally, GAMMA Investing LLC boosted its position in Ryanair by 13.2% during the first quarter. GAMMA Investing LLC now owns 2,278 shares of the transportation company's stock valued at $97,000 after purchasing an additional 265 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company's stock.

Analyst Upgrades and Downgrades

RYAAY has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday, March 27th. Citigroup reissued a "buy" rating on shares of Ryanair in a report on Wednesday, May 21st. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Wall Street Zen downgraded Ryanair from a "buy" rating to a "hold" rating in a report on Wednesday, May 28th. Finally, Royal Bank Of Canada reissued an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Three research analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $147.00.

Ryanair Stock Up 3.9%

Shares of Ryanair stock traded up $2.14 during trading on Tuesday, reaching $57.12. 1,143,737 shares of the company traded hands, compared to its average volume of 1,665,688. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.74 and a quick ratio of 0.74. The firm has a market capitalization of $30.35 billion, a PE ratio of 17.87, a P/E/G ratio of 0.98 and a beta of 1.38. The company has a 50 day moving average price of $52.10 and a 200-day moving average price of $47.46. Ryanair Holdings PLC has a 1-year low of $36.96 and a 1-year high of $58.38.

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.