Diversified Trust Co Sells 8,171 Shares of Ryanair Holdings PLC (NASDAQ:RYAAY)

Diversified Trust Co trimmed its holdings in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 21.3% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 30,139 shares of the transportation company's stock after selling 8,171 shares during the period. Diversified Trust Co's holdings in Ryanair were worth $1,277,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in RYAAY. Vident Advisory LLC increased its holdings in Ryanair by 2.4% in the fourth quarter. Vident Advisory LLC now owns 10,006 shares of the transportation company's stock valued at $436,000 after buying an additional 230 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of 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 acquiring an additional 236 shares during the period. SG Americas Securities LLC increased its stake in Ryanair by 0.3% in the 1st quarter. SG Americas Securities LLC now owns 85,781 shares of the transportation company's stock valued at $3,635,000 after purchasing an additional 240 shares in the last quarter. Schechter Investment Advisors LLC increased its stake in Ryanair by 2.3% in the 4th quarter. Schechter Investment Advisors LLC now owns 11,584 shares of the transportation company's stock valued at $505,000 after purchasing an additional 261 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in Ryanair by 13.2% during the first quarter. GAMMA Investing LLC now owns 2,278 shares of the transportation company's stock worth $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.

Ryanair Stock Up 0.6%

NASDAQ RYAAY traded up $0.35 on Wednesday, reaching $58.03. The stock had a trading volume of 804,566 shares, compared to its average volume of 1,585,096. The business has a 50 day moving average price of $53.52 and a 200 day moving average price of $47.92. Ryanair Holdings PLC has a 1 year low of $36.96 and a 1 year high of $58.55. The company has a market capitalization of $30.83 billion, a price-to-earnings ratio of 18.16, a P/E/G ratio of 1.03 and a beta of 1.38. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.24.

Analysts Set New Price Targets

RYAAY has been the topic of a number of analyst reports. Raymond James Financial reaffirmed a "strong-buy" rating and set a $70.00 price objective (up previously from $60.00) on shares of Ryanair in a research note on Wednesday. Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. Sanford C. Bernstein restated an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Royal Bank Of Canada reiterated an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Finally, Citigroup reissued a "buy" rating on shares of Ryanair in a research report on Wednesday, May 21st. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $108.50.

Ryanair Company 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.