Ryanair Holdings PLC (NASDAQ:RYAAY) Stock Position Decreased by QRG Capital Management Inc.

QRG Capital Management Inc. trimmed its position in shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 14.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 66,806 shares of the transportation company's stock after selling 11,236 shares during the period. QRG Capital Management Inc.'s holdings in Ryanair were worth $2,831,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in RYAAY. National Bank of Canada FI raised its holdings in Ryanair by 198.6% in the fourth quarter. National Bank of Canada FI now owns 657 shares of the transportation company's stock valued at $29,000 after buying an additional 437 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Ryanair by 32.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock valued at $42,000 after acquiring an additional 236 shares during the period. Redwood Park Advisors LLC acquired a new position in shares of Ryanair during the 4th quarter valued at $43,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Ryanair during the 1st quarter worth $48,000. Finally, GAMMA Investing LLC boosted its position in Ryanair by 13.2% during the 1st quarter. GAMMA Investing LLC now owns 2,278 shares of the transportation company's stock worth $97,000 after purchasing an additional 265 shares during the period. 43.66% of the stock is owned by hedge funds and other institutional investors.

Ryanair Stock Up 0.4%

Shares of NASDAQ:RYAAY traded up $0.22 during trading on Thursday, hitting $55.27. The company's stock had a trading volume of 1,189,966 shares, compared to its average volume of 1,673,002. The company has a market capitalization of $29.40 billion, a PE ratio of 17.29, a PEG ratio of 0.98 and a beta of 1.38. Ryanair Holdings PLC has a fifty-two week low of $36.96 and a fifty-two week high of $58.38. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.74 and a current ratio of 0.74. The stock's 50-day moving average price is $51.42 and its two-hundred day moving average price is $47.23.

Analysts Set New Price Targets

A number of brokerages have commented on RYAAY. Wall Street Zen cut Ryanair from a "buy" rating to a "hold" rating in a research note on Wednesday, May 28th. Citigroup reissued a "buy" rating on shares of Ryanair in a research report on Wednesday, May 21st. Royal Bank Of Canada restated an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday, March 27th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Three 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. Based on data from MarketBeat, the stock presently has a consensus 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.