GAMMA Investing LLC Acquires 94,506 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

GAMMA Investing LLC grew its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 4,694.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 96,519 shares of the transportation company's stock after acquiring an additional 94,506 shares during the period. GAMMA Investing LLC's holdings in Ryanair were worth $4,090,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. National Bank of Canada FI boosted its stake in shares of Ryanair by 198.6% during the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company's stock valued at $29,000 after purchasing an additional 437 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in Ryanair by 32.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock valued at $42,000 after acquiring an additional 236 shares in the last quarter. Redwood Park Advisors LLC purchased a new position in shares of Ryanair during the 4th quarter worth approximately $43,000. Huntington National Bank grew its holdings in shares of Ryanair by 131.7% during the 4th quarter. Huntington National Bank now owns 2,530 shares of the transportation company's stock worth $110,000 after acquiring an additional 1,438 shares during the period. Finally, Headlands Technologies LLC bought a new position in shares of Ryanair in the 4th quarter worth approximately $126,000. Institutional investors own 43.66% of the company's stock.

Ryanair Stock Down 1.9%

Ryanair stock traded down $1.07 during mid-day trading on Thursday, reaching $56.34. The stock had a trading volume of 1,363,533 shares, compared to its average volume of 1,670,669. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $58.38. The company has a 50-day moving average price of $50.33 and a two-hundred day moving average price of $46.90. The company has a market capitalization of $29.97 billion, a price-to-earnings ratio of 17.27, a PEG ratio of 2.01 and a beta of 1.38. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86.

Analysts Set New Price Targets

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

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.