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Ryanair Holdings PLC (NASDAQ:RYAAY) Stake Lifted by Massachusetts Financial Services Co. MA

Ryanair logo with Transportation background

Massachusetts Financial Services Co. MA raised its holdings in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 4.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,324,514 shares of the transportation company's stock after purchasing an additional 1,233,059 shares during the quarter. Massachusetts Financial Services Co. MA owned 5.51% of Ryanair worth $1,242,480,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Bleakley Financial Group LLC lifted its position in shares of Ryanair by 15.3% during the 1st quarter. Bleakley Financial Group LLC now owns 26,600 shares of the transportation company's stock valued at $1,127,000 after acquiring an additional 3,539 shares during the period. CWM LLC raised its position in shares of Ryanair by 39.8% during the 1st quarter. CWM LLC now owns 1,191 shares of the transportation company's stock worth $50,000 after purchasing an additional 339 shares during the last quarter. Ninety One UK Ltd acquired a new position in shares of Ryanair during the 1st quarter worth approximately $11,761,000. Envestnet Asset Management Inc. raised its position in shares of Ryanair by 19.9% during the 1st quarter. Envestnet Asset Management Inc. now owns 526,540 shares of the transportation company's stock worth $22,310,000 after purchasing an additional 87,532 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Ryanair by 19.9% during the 1st quarter. Bank of New York Mellon Corp now owns 97,405 shares of the transportation company's stock worth $4,127,000 after purchasing an additional 16,177 shares during the last quarter. Hedge funds and other institutional investors own 43.66% of the company's stock.

Analyst Ratings Changes

RYAAY has been the subject of several research reports. Sanford C. Bernstein restated an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Raymond James Financial restated a "strong-buy" rating on shares of Ryanair in a research report on Wednesday, July 2nd. Oddo Bhf upgraded Ryanair from an "underperform" rating to an "outperform" rating in a research report on Wednesday. Wall Street Zen upgraded Ryanair from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th. Finally, Royal Bank Of Canada reiterated an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Seven analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $108.50.

Check Out Our Latest Report on Ryanair

Ryanair Stock Down 1.5%

NASDAQ:RYAAY traded down $0.90 on Thursday, reaching $57.68. The stock had a trading volume of 1,142,224 shares, compared to its average volume of 1,635,481. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average of $55.69 and a 200 day moving average of $48.93. The stock has a market cap of $30.61 billion, a P/E ratio of 18.03, a price-to-earnings-growth ratio of 0.99 and a beta of 1.38. Ryanair Holdings PLC has a 12-month low of $36.96 and a 12-month high of $59.36.

About Ryanair

(Free Report)

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.

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Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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