Centerstone Investors LLC Reduces Stake in Ryanair Holdings plc (NASDAQ:RYAAY)

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

Other institutional investors also recently modified their holdings of the company. Vise Technologies Inc. purchased a new stake in Ryanair during the fourth quarter valued at about $258,000. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new position in shares of Ryanair during the 4th quarter valued at about $669,000. Waverly Advisors LLC bought a new stake in Ryanair in the 4th quarter worth approximately $204,000. Vident Advisory LLC boosted its stake in Ryanair by 2.4% in the fourth quarter. Vident Advisory LLC now owns 10,006 shares of the transportation company's stock worth $436,000 after buying an additional 230 shares in the last quarter. Finally, Squarepoint Ops LLC grew its position in Ryanair by 28.5% during the fourth quarter. Squarepoint Ops LLC now owns 178,393 shares of the transportation company's stock valued at $7,776,000 after acquiring an additional 39,579 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors.

Ryanair Trading Down 0.0%

NASDAQ RYAAY traded down $0.02 on Wednesday, hitting $56.37. The company's stock had a trading volume of 1,380,390 shares, compared to its average volume of 1,658,698. The firm has a market cap of $29.99 billion, a P/E ratio of 17.28, a PEG ratio of 2.01 and a beta of 1.37. Ryanair Holdings plc has a 52-week low of $36.96 and a 52-week high of $56.46. The company's 50-day simple moving average is $47.19 and its 200 day simple moving average is $45.92. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on RYAAY shares. Citigroup restated a "buy" rating on shares of Ryanair in a report on Wednesday, May 21st. Wall Street Zen downgraded Ryanair from a "buy" rating to a "hold" rating in a report on Wednesday. Sanford C. Bernstein restated an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Royal Bank of Canada reaffirmed an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Finally, Deutsche Bank Aktiengesellschaft upgraded Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, March 27th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $147.00.

Ryanair Company 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.