Squarepoint Ops LLC Acquires 39,579 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Squarepoint Ops LLC raised its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 28.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 178,393 shares of the transportation company's stock after buying an additional 39,579 shares during the period. Squarepoint Ops LLC's holdings in Ryanair were worth $7,776,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of RYAAY. National Bank of Canada FI increased its stake in Ryanair by 198.6% in the fourth quarter. National Bank of Canada FI now owns 657 shares of the transportation company's stock valued at $29,000 after purchasing an additional 437 shares in the last quarter. R Squared Ltd bought a new position in Ryanair in the fourth quarter valued at $42,000. EverSource Wealth Advisors LLC grew its position in Ryanair by 32.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock valued at $42,000 after purchasing an additional 236 shares in the last quarter. Redwood Park Advisors LLC bought a new position in Ryanair in the fourth quarter valued at $43,000. Finally, Pacer Advisors Inc. grew its position in Ryanair by 14.1% in the fourth quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company's stock valued at $95,000 after purchasing an additional 268 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on RYAAY. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Royal Bank of Canada reissued an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. Wall Street Zen downgraded shares of Ryanair from a "buy" rating to a "hold" rating in a report on Wednesday. Finally, Citigroup reiterated a "buy" rating on shares of Ryanair in a report on Wednesday, May 21st. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $147.00.

Ryanair Stock Down 1.2%

Ryanair stock traded down $0.69 during mid-day trading on Thursday, reaching $55.94. The stock had a trading volume of 1,114,163 shares, compared to its average volume of 1,662,411. The company has a market capitalization of $29.75 billion, a price-to-earnings ratio of 17.19, a PEG ratio of 2.01 and a beta of 1.37. The company has a 50-day moving average price of $47.40 and a two-hundred day moving average price of $45.99. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $57.20. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86.

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.