Rothschild & Co Wealth Management UK Ltd Reduces Holdings in Ryanair Holdings PLC (NASDAQ:RYAAY)

Key Points

• Rothschild & Co Wealth Management UK Ltd has decreased its holdings in Ryanair by 1.8%, now owning approximately 2,497,729 shares valued at $105.8 million, making Ryanair its 12th largest holding.
• Wall Street analysts are optimistic about Ryanair, with seven analysts rating the stock as a "buy" and a consensus price target of $111.50.
• Ryanair reported a quarterly earnings per share of $1.74, beating analyst expectations, and had a revenue of $5.07 billion for the quarter.

Rothschild & Co Wealth Management UK Ltd reduced its position in Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 1.8% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 2,497,729 shares of the transportation company's stock after selling 46,413 shares during the period. Ryanair accounts for about 1.8% of Rothschild & Co Wealth Management UK Ltd's holdings, making the stock its 12th biggest holding. Rothschild & Co Wealth Management UK Ltd owned 0.47% of Ryanair worth $105,829,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. National Bank of Canada FI boosted its stake in Ryanair by 198.6% during the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company's stock worth $29,000 after purchasing an additional 437 shares during the period. Golden State Wealth Management LLC raised its holdings in shares of Ryanair by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 962 shares of the transportation company's stock valued at $41,000 after buying an additional 481 shares during the last quarter. Redwood Park Advisors LLC acquired a new stake in shares of Ryanair during the fourth quarter worth about $43,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Ryanair during the first quarter worth about $48,000. Finally, CWM LLC increased its position in Ryanair by 39.8% in the 1st quarter. CWM LLC now owns 1,191 shares of the transportation company's stock valued at $50,000 after acquiring an additional 339 shares during the period. 43.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on RYAAY shares. Citigroup reaffirmed a "buy" rating on shares of Ryanair in a research report on Wednesday, May 21st. Wall Street Zen raised Ryanair from a "hold" rating to a "buy" rating in a report on Saturday, July 5th. Raymond James Financial reiterated a "strong-buy" rating and issued a $76.00 price objective (up from $70.00) on shares of Ryanair in a research report on Wednesday. Sanford C. Bernstein restated an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday, March 27th. Seven analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, Ryanair has an average rating of "Buy" and a consensus price target of $111.50.

Ryanair Trading Up 0.2%

Shares of RYAAY stock opened at $62.62 on Friday. The business's fifty day moving average price is $56.88 and its 200 day moving average price is $49.62. The firm has a market capitalization of $33.23 billion, a PE ratio of 14.70, a P/E/G ratio of 1.03 and a beta of 1.38. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.66 and a quick ratio of 0.74. Ryanair Holdings PLC has a 1-year low of $38.30 and a 1-year high of $62.95.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its quarterly earnings results on Monday, July 21st. The transportation company reported $1.74 earnings per share for the quarter, topping analysts' consensus estimates of $1.49 by $0.25. The business had revenue of $5.07 billion for the quarter, compared to analysts' expectations of $4.16 billion. Ryanair had a net margin of 14.42% and a return on equity of 27.91%. As a group, sell-side analysts forecast that Ryanair Holdings PLC will post 3.09 EPS for the current fiscal year.

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.

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