Ryanair Holdings PLC (NASDAQ:RYAAY) Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its position in shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 19.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 526,540 shares of the transportation company's stock after buying an additional 87,532 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.10% of Ryanair worth $22,310,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vident Advisory LLC lifted its holdings in Ryanair by 2.4% during the fourth quarter. Vident Advisory LLC now owns 10,006 shares of the transportation company's stock valued at $436,000 after purchasing an additional 230 shares in the last quarter. EverSource Wealth Advisors LLC lifted 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 valued at $42,000 after purchasing an additional 236 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Ryanair by 0.3% during the first 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. GAMMA Investing LLC lifted 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 valued at $97,000 after purchasing an additional 265 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in Ryanair by 6.2% during the fourth quarter. NewEdge Advisors LLC now owns 6,782 shares of the transportation company's stock valued at $296,000 after purchasing an additional 394 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on RYAAY shares. Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Wall Street Zen raised shares of Ryanair from a "hold" rating to a "buy" rating in a report on Saturday, July 5th. Citigroup reissued a "buy" rating on shares of Ryanair in a research note on Wednesday, May 21st. Finally, Royal Bank Of Canada reissued an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Seven investment analysts have rated the stock with a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat.com, Ryanair currently has an average rating of "Buy" and an average target price of $108.50.

Ryanair Price Performance

Shares of NASDAQ:RYAAY traded down $1.68 during midday trading on Friday, hitting $56.36. The company's stock had a trading volume of 459,969 shares, compared to its average volume of 1,637,530. Ryanair Holdings PLC has a 12-month low of $36.96 and a 12-month high of $59.36. The company has a market cap of $29.91 billion, a P/E ratio of 17.67, a price-to-earnings-growth ratio of 1.01 and a beta of 1.38. The business's 50 day simple moving average is $55.83 and its 200 day simple moving average is $49.02. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.74 and a current ratio of 0.74.

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.