Public Employees Retirement System of Ohio Purchases 45,337 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Public Employees Retirement System of Ohio increased its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 350.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,269 shares of the transportation company's stock after acquiring an additional 45,337 shares during the quarter. Public Employees Retirement System of Ohio's holdings in Ryanair were worth $2,540,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of RYAAY. Blue Trust Inc. raised its holdings in shares of Ryanair by 195.9% in the fourth quarter. Blue Trust Inc. now owns 7,286 shares of the transportation company's stock valued at $329,000 after purchasing an additional 4,824 shares during the last quarter. Pacer Advisors Inc. increased its holdings in 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. R Squared Ltd acquired a new position in Ryanair during the fourth quarter worth $42,000. Haven Global Partners LLC acquired a new position in Ryanair during the fourth quarter worth $19,029,000. Finally, Osborne Partners Capital Management LLC increased its holdings in Ryanair by 2.2% during the fourth quarter. Osborne Partners Capital Management LLC now owns 203,961 shares of the transportation company's stock worth $8,891,000 after buying an additional 4,355 shares during the last quarter. Institutional investors own 43.66% of the company's stock.

Analysts Set New Price Targets

RYAAY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. Royal Bank of Canada restated an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Citigroup restated a "buy" rating on shares of Ryanair in a report on Wednesday, May 21st. Sanford C. Bernstein restated an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Finally, Wall Street Zen cut shares of Ryanair from a "buy" rating to a "hold" rating in a research report on Wednesday, May 28th. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $147.00.

Ryanair Stock Performance

RYAAY stock traded up $0.19 during midday trading on Wednesday, reaching $55.50. 1,299,702 shares of the company were exchanged, compared to its average volume of 1,672,495. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86. The business has a 50-day moving average price of $48.47 and a two-hundred day moving average price of $46.36. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $57.32. The firm has a market capitalization of $29.52 billion, a price-to-earnings ratio of 17.01, a price-to-earnings-growth ratio of 2.01 and a beta of 1.37.

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.