Ryanair Holdings plc (NASDAQ:RYAAY) is Centerstone Investors LLC's 2nd Largest Position

Centerstone Investors LLC reduced its stake in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 54.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 144,826 shares of the transportation company's stock after selling 174,691 shares during the period. Ryanair accounts for about 9.3% of Centerstone Investors LLC's holdings, making the stock its 2nd biggest position. Centerstone Investors LLC's holdings in Ryanair were worth $6,313,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in RYAAY. National Bank of Canada FI grew its position 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 last quarter. R Squared Ltd purchased a new stake in shares of Ryanair in the fourth quarter valued at about $42,000. EverSource Wealth Advisors LLC boosted its stake in shares of Ryanair by 32.9% during the fourth 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 period. Redwood Park Advisors LLC purchased a new position in shares of Ryanair during the fourth quarter worth about $43,000. Finally, Pacer Advisors Inc. grew its holdings in shares of Ryanair by 14.1% during the fourth quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company's stock worth $95,000 after buying an additional 268 shares during the last quarter. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Ryanair Price Performance

Shares of NASDAQ:RYAAY traded up $0.84 on Friday, hitting $56.03. The company had a trading volume of 1,494,870 shares, compared to its average volume of 1,656,588. The company has a market cap of $29.80 billion, a PE ratio of 17.18, a PEG ratio of 2.01 and a beta of 1.37. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair Holdings plc has a 52-week low of $36.96 and a 52-week high of $56.05. The business has a 50 day moving average of $46.82 and a 200 day moving average of $45.78.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on RYAAY shares. Wall Street Zen raised Ryanair from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th. Sanford C. Bernstein restated an "outperform" rating on shares of Ryanair in a research report on Wednesday. Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. Citigroup reissued a "buy" rating on shares of Ryanair in a report on Wednesday. Finally, Royal Bank of Canada reaffirmed an "outperform" rating on shares of Ryanair in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "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.