LVW Advisors LLC Makes New Investment in Ryanair Holdings plc (NASDAQ:RYAAY)

LVW Advisors LLC acquired a new stake in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,532 shares of the transportation company's stock, valued at approximately $277,000.

Other hedge funds and other institutional investors have also recently made changes to their positions 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 buying an additional 437 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Ryanair by 32.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock valued at $42,000 after purchasing an additional 236 shares during the period. R Squared Ltd purchased a new stake in Ryanair in the fourth quarter valued at approximately $42,000. Redwood Park Advisors LLC purchased a new stake in Ryanair in the fourth quarter valued at approximately $43,000. Finally, Pacer Advisors Inc. grew its holdings in Ryanair by 14.1% in the fourth quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company's stock valued at $95,000 after purchasing an additional 268 shares during the period. Institutional investors and hedge funds own 43.66% of the company's stock.

Analyst Ratings Changes

Several research firms have recently issued reports on RYAAY. Wall Street Zen lowered shares of Ryanair from a "buy" rating to a "hold" rating in a research report on Wednesday, May 28th. Citigroup reissued a "buy" rating on shares of Ryanair in a research report on Wednesday, May 21st. Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday, March 27th. Sanford C. Bernstein restated an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Finally, Royal Bank of Canada reiterated an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, Ryanair presently has a consensus rating of "Moderate Buy" and a consensus target price of $147.00.

Ryanair Stock Up 0.3%

NASDAQ RYAAY traded up $0.19 during trading hours on Wednesday, reaching $55.50. 1,299,702 shares of the company traded hands, compared to its average volume of 1,670,947. Ryanair Holdings plc has a 12 month low of $36.96 and a 12 month high of $57.32. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $29.52 billion, a PE ratio of 17.01, a PEG ratio of 2.01 and a beta of 1.37. The company has a 50 day moving average of $48.23 and a two-hundred day moving average of $46.30.

About Ryanair

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.