Baillie Gifford & Co. Sells 2,141,748 Shares of Ryanair Holdings PLC $RYAAY

Key Points

• Baillie Gifford reduced its stake in Ryanair by 15.9%, selling 2,141,748 shares in Q4 and now holds 11,343,819 shares (≈2.16% of the company) valued at about $818.91 million.
• Other institutions largely added to positions in Q4, and institutional investors now own about 43.66% of Ryanair's stock.
• Ryanair beat Q4 expectations with $0.26 EPS versus $0.18 expected and $3.77B revenue versus $3.16B expected; the stock carries a consensus "Moderate Buy" rating and a $75.67 price target.

Baillie Gifford & Co. lessened its stake in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 15.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,343,819 shares of the transportation company's stock after selling 2,141,748 shares during the period. Baillie Gifford & Co. owned 2.16% of Ryanair worth $818,910,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. FSM Wealth Advisors LLC acquired a new stake in Ryanair during the 4th quarter worth $260,000. Ritholtz Wealth Management boosted its stake in Ryanair by 55.5% in the 4th quarter. Ritholtz Wealth Management now owns 31,047 shares of the transportation company's stock worth $2,241,000 after purchasing an additional 11,085 shares during the period. Diversify Advisory Services LLC boosted its stake in Ryanair by 20.3% in the 4th quarter. Diversify Advisory Services LLC now owns 9,170 shares of the transportation company's stock worth $626,000 after purchasing an additional 1,545 shares during the period. Venturi Wealth Management LLC boosted its stake in Ryanair by 56.5% in the 4th quarter. Venturi Wealth Management LLC now owns 12,584 shares of the transportation company's stock worth $908,000 after purchasing an additional 4,542 shares during the period. Finally, Pinnacle Bancorp Inc. lifted its position in Ryanair by 32.6% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,425 shares of the transportation company's stock worth $103,000 after buying an additional 350 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company's stock.

Ryanair Price Performance

RYAAY stock opened at $62.36 on Monday. Ryanair Holdings PLC has a 52-week low of $43.12 and a 52-week high of $74.24. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.67 and a current ratio of 0.67. The company has a fifty day moving average price of $63.52 and a 200-day moving average price of $65.16. The company has a market capitalization of $32.55 billion, a P/E ratio of 12.52, a PEG ratio of 0.52 and a beta of 1.26.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its quarterly earnings data on Monday, January 26th. The transportation company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.08. Ryanair had a net margin of 15.04% and a return on equity of 29.76%. The company had revenue of $3.77 billion during the quarter, compared to analysts' expectations of $3.16 billion. As a group, equities analysts expect that Ryanair Holdings PLC will post 3.09 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on RYAAY. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Ryanair in a report on Thursday, January 15th. Erste Group Bank lowered shares of Ryanair from a "buy" rating to a "hold" rating in a research note on Wednesday, February 18th. Wall Street Zen lowered shares of Ryanair from a "buy" rating to a "hold" rating in a research report on Sunday, January 25th. Sanford C. Bernstein reiterated a "market perform" rating and set a $71.00 price target on shares of Ryanair in a research report on Tuesday, January 27th. Finally, Evercore upgraded shares of Ryanair from an "in-line" rating to an "outperform" rating and set a $80.00 price target on the stock in a research report on Thursday, March 12th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $75.67.

Ryanair Company Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe's largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.

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