Polunin Capital Partners Ltd acquired a new position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 210,331 shares of the transportation company's stock, valued at approximately $8,342,000. Ryanair comprises about 1.4% of Polunin Capital Partners Ltd's investment portfolio, making the stock its 11th biggest position.
Other hedge funds have also made changes to their positions in the company. Vident Advisory LLC raised its stake in Ryanair by 2.4% during the fourth quarter. Vident Advisory LLC now owns 10,006 shares of the transportation company's stock worth $436,000 after purchasing an additional 230 shares during the period. EverSource Wealth Advisors LLC increased its holdings in shares of Ryanair by 32.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock worth $42,000 after buying an additional 236 shares during the last quarter. Wilmington Savings Fund Society FSB raised its position in shares of Ryanair by 8.3% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,369 shares of the transportation company's stock worth $147,000 after buying an additional 259 shares during the period. Schechter Investment Advisors LLC raised its position in shares of Ryanair by 2.3% in the 4th quarter. Schechter Investment Advisors LLC now owns 11,584 shares of the transportation company's stock worth $505,000 after buying an additional 261 shares during the period. Finally, Pacer Advisors Inc. boosted its holdings in Ryanair by 14.1% in the fourth quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company's stock valued at $95,000 after acquiring an additional 268 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company's stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. Sanford C. Bernstein reiterated an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Wall Street Zen downgraded shares of Ryanair from a "buy" rating to a "hold" rating in a research report on Wednesday, May 28th. Citigroup reaffirmed a "buy" rating on shares of Ryanair in a report on Wednesday, May 21st. Finally, Royal Bank of Canada reaffirmed an "outperform" rating on shares of Ryanair in a research note 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 data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $147.00.
Read Our Latest Stock Analysis on RYAAY
Ryanair Stock Up 0.3%
Shares of RYAAY stock traded up $0.19 during mid-day trading on Wednesday, reaching $55.50. 1,299,702 shares of the company were exchanged, compared to its average volume of 1,670,947. The company has a market capitalization of $29.52 billion, a P/E ratio of 17.01, a P/E/G ratio of 2.01 and a beta of 1.37. The business's 50 day simple moving average is $48.23 and its 200 day simple moving average is $46.30. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $57.32.
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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