Northern Trust Corp Grows Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Northern Trust Corp grew its holdings in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 231.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 179,902 shares of the transportation company's stock after acquiring an additional 125,551 shares during the period. Northern Trust Corp's holdings in Ryanair were worth $7,842,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Capital International Investors grew its stake in shares of Ryanair by 6.1% in the 4th quarter. Capital International Investors now owns 38,800,258 shares of the transportation company's stock worth $1,691,536,000 after buying an additional 2,231,153 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in Ryanair by 47.0% during the 4th quarter. Alliancebernstein L.P. now owns 3,128,742 shares of the transportation company's stock valued at $136,382,000 after buying an additional 1,000,543 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Ryanair during the 4th quarter valued at about $39,816,000. Perpetual Ltd increased its position in Ryanair by 539.8% during the 4th quarter. Perpetual Ltd now owns 988,490 shares of the transportation company's stock valued at $43,088,000 after purchasing an additional 833,988 shares during the period. Finally, Massachusetts Financial Services Co. MA increased its position in Ryanair by 3.0% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 28,091,455 shares of the transportation company's stock valued at $1,224,507,000 after purchasing an additional 828,019 shares during the period. 43.66% of the stock is currently owned by institutional investors.

Ryanair Stock Performance

Shares of RYAAY traded up $0.84 during trading hours on Friday, hitting $56.03. The stock had a trading volume of 1,494,870 shares, compared to its average volume of 1,656,588. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a 50-day moving average price of $46.82 and a 200 day moving average price of $45.79. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $56.05. The firm has a market capitalization of $29.80 billion, a price-to-earnings ratio of 17.18, a PEG ratio of 2.01 and a beta of 1.37.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on RYAAY. Wall Street Zen raised shares of Ryanair from a "hold" rating to a "buy" rating in a research report on Tuesday. Sanford C. Bernstein reissued an "outperform" rating on shares of Ryanair in a research report on Wednesday. Citigroup reissued a "buy" rating on shares of Ryanair in a research report on Wednesday. Royal Bank of Canada reissued an "outperform" rating on shares of Ryanair in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, March 27th. Two equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Ryanair currently has an average rating of "Buy" and a consensus 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.