Ryanair Holdings PLC $RYAAY Shares Sold by Cambiar Investors LLC

Key Points

• Cambiar Investors LLC trimmed its stake in Ryanair by 6.9% in Q4, selling 17,660 shares and leaving it with 238,670 shares worth about $17.23 million.
• Ryanair beat quarterly expectations, reporting $0.26 EPS versus $0.18 expected and $3.77 billion in revenue, with a 15.04% net margin and a 29.76% return on equity.
• Analyst sentiment is mixed—several recent downgrades to Hold—but the consensus rating is a "Moderate Buy" with a price target of $75.67, while the stock trades near $62.36 (down ~1.9%).

Cambiar Investors LLC reduced its holdings in shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Free Report) by 6.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 238,670 shares of the transportation company's stock after selling 17,660 shares during the quarter. Cambiar Investors LLC's holdings in Ryanair were worth $17,230,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. USA Financial Formulas acquired a new stake in Ryanair during the 3rd quarter worth $26,000. CIBC Private Wealth Group LLC raised its stake in Ryanair by 280.6% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company's stock worth $28,000 after acquiring an additional 348 shares in the last quarter. Pin Oak Investment Advisors Inc. raised its stake in Ryanair by 76.0% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company's stock worth $29,000 after acquiring an additional 209 shares in the last quarter. UMB Bank n.a. raised its stake in Ryanair by 1,057.4% during the 3rd quarter. UMB Bank n.a. now owns 544 shares of the transportation company's stock worth $33,000 after acquiring an additional 497 shares in the last quarter. Finally, Global Retirement Partners LLC raised its stake in Ryanair by 68.1% during the 3rd quarter. Global Retirement Partners LLC now owns 684 shares of the transportation company's stock worth $41,000 after acquiring an additional 277 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Trading Down 1.9%

NASDAQ RYAAY opened at $62.36 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.67 and a current ratio of 0.67. The firm has a market cap of $32.63 billion, a PE ratio of 12.52, a P/E/G ratio of 0.52 and a beta of 1.26. Ryanair Holdings PLC has a one year low of $43.12 and a one year high of $74.24. The firm's fifty day moving average is $63.52 and its two-hundred day moving average is $65.10.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its quarterly earnings data on Monday, January 26th. The transportation company reported $0.26 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.08. The company had revenue of $3.77 billion for the quarter, compared to analyst estimates of $3.16 billion. Ryanair had a net margin of 15.04% and a return on equity of 29.76%. Analysts expect that Ryanair Holdings PLC will post 3.09 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Zacks Research lowered shares of Ryanair from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, February 25th. Wall Street Zen lowered shares of Ryanair from a "buy" rating to a "hold" rating in a research note on Sunday, January 25th. Weiss Ratings lowered shares of Ryanair from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday, April 6th. Royal Bank Of Canada reiterated an "outperform" rating on shares of Ryanair in a research note on Thursday, January 8th. Finally, Sanford C. Bernstein reiterated a "market perform" rating and set a $71.00 price target on shares of Ryanair in a research note on Tuesday, January 27th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Ryanair currently has an average rating of "Moderate Buy" and a consensus price target of $75.67.

Ryanair Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe's largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.

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