Haven Global Partners LLC Sells 17,084 Shares of Ryanair Holdings PLC (NASDAQ:RYAAY)

Haven Global Partners LLC lessened its stake in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 3.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 419,453 shares of the transportation company's stock after selling 17,084 shares during the quarter. Ryanair comprises about 18.6% of Haven Global Partners LLC's investment portfolio, making the stock its 2nd largest holding. Haven Global Partners LLC owned about 0.08% of Ryanair worth $17,772,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. lifted its stake in Ryanair by 57.6% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 71,449 shares of the transportation company's stock valued at $3,114,000 after buying an additional 26,126 shares in the last quarter. Hosking Partners LLP raised its holdings in shares of Ryanair by 19.3% during the fourth quarter. Hosking Partners LLP now owns 715,419 shares of the transportation company's stock worth $31,185,000 after acquiring an additional 115,629 shares during the period. Jones Financial Companies Lllp lifted its position in Ryanair by 110.3% in the 4th quarter. Jones Financial Companies Lllp now owns 2,932 shares of the transportation company's stock valued at $128,000 after acquiring an additional 1,538 shares in the last quarter. Schechter Investment Advisors LLC lifted its position 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 acquiring an additional 261 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Ryanair by 64.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 148,320 shares of the transportation company's stock worth $6,465,000 after purchasing an additional 58,305 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company's stock.

Ryanair Stock Performance

Shares of NASDAQ:RYAAY traded up $1.09 on Thursday, hitting $57.31. The company had a trading volume of 1,002,089 shares, compared to its average volume of 1,662,378. The stock has a market cap of $30.45 billion, a price-to-earnings ratio of 17.93, a P/E/G ratio of 1.02 and a beta of 1.38. The stock has a 50 day moving average price of $52.57 and a 200 day moving average price of $47.58. Ryanair Holdings PLC has a 1-year low of $36.96 and a 1-year high of $58.38. 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

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

Ryanair 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.