Mitsubishi UFJ Trust & Banking Corp Cuts Stock Holdings in Ryanair Holdings PLC $RYAAY

Key Points

• Mitsubishi UFJ Trust & Banking Corp cut its stake in Ryanair by 40.5% in Q4, selling 128,760 shares and now holding 189,103 shares worth about $13.65 million.
• Analyst views are mixed but the consensus is a Moderate Buy with an average target of $75.67; several firms downgraded to Hold while Evercore upgraded to Outperform with an $80 target.
• Ryanair shares recently traded near $54.47 (52‑week range $49.39–$74.24), with a market cap of roughly $28.4 billion, a P/E of about 10.9, and institutional investors owning ~43.66% of the stock.

Mitsubishi UFJ Trust & Banking Corp decreased its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 40.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 189,103 shares of the transportation company's stock after selling 128,760 shares during the period. Mitsubishi UFJ Trust & Banking Corp's holdings in Ryanair were worth $13,651,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Sanctuary Advisors LLC boosted its position in shares of Ryanair by 2.7% during the fourth quarter. Sanctuary Advisors LLC now owns 45,956 shares of the transportation company's stock valued at $3,318,000 after buying an additional 1,213 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new position in Ryanair in the fourth quarter worth $278,000. Asset Management One Co. Ltd. boosted its position in Ryanair by 0.4% in the fourth quarter. Asset Management One Co. Ltd. now owns 78,475 shares of the transportation company's stock worth $5,707,000 after purchasing an additional 347 shares during the last quarter. Ninety One UK Ltd purchased a new position in Ryanair in the fourth quarter worth $962,000. Finally, CWM LLC boosted its position in Ryanair by 313.8% in the fourth quarter. CWM LLC now owns 6,563 shares of the transportation company's stock worth $474,000 after purchasing an additional 4,977 shares during the last quarter. Hedge funds and other institutional investors own 43.66% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on RYAAY shares. Wall Street Zen cut Ryanair from a "buy" rating to a "hold" rating in a research report on Sunday, January 25th. Evercore raised Ryanair from an "in-line" rating to an "outperform" rating and set a $80.00 price objective on the stock in a research report on Thursday, March 12th. Zacks Research cut Ryanair from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, February 25th. Erste Group Bank cut Ryanair from a "buy" rating to a "hold" rating in a research report on Wednesday, February 18th. Finally, Weiss Ratings cut Ryanair from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Ryanair currently has a consensus rating of "Moderate Buy" and an average target price of $75.67.

Ryanair Stock Down 0.3%

Shares of NASDAQ RYAAY opened at $54.47 on Friday. Ryanair Holdings PLC has a one year low of $49.39 and a one year high of $74.24. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.67 and a quick ratio of 0.67. The business's fifty day moving average price is $60.95 and its 200-day moving average price is $64.96. The stock has a market capitalization of $28.43 billion, a PE ratio of 10.94, a P/E/G ratio of 0.55 and a beta of 1.26.

About Ryanair

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe's largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.

Want to see what other hedge funds are holding RYAAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.