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

Squarepoint Ops LLC lifted its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 28.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 178,393 shares of the transportation company's stock after purchasing an additional 39,579 shares during the quarter. Squarepoint Ops LLC's holdings in Ryanair were worth $7,776,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also 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 acquiring an additional 437 shares during the period. R Squared Ltd acquired a new stake in Ryanair during the fourth quarter valued at approximately $42,000. EverSource Wealth Advisors LLC grew its stake in shares of Ryanair by 32.9% in the 4th 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 during the period. Redwood Park Advisors LLC acquired a new position in shares of Ryanair in the 4th quarter worth approximately $43,000. Finally, Pacer Advisors Inc. lifted its position in shares of Ryanair by 14.1% during the 4th 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 period. 43.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

RYAAY has been the subject of a number of recent analyst reports. Sanford C. Bernstein reiterated an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. Citigroup reiterated a "buy" rating on shares of Ryanair in a research note on Wednesday, May 21st. Wall Street Zen lowered Ryanair from a "buy" rating to a "hold" rating in a research report on Wednesday. Finally, Royal Bank of Canada reaffirmed an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Three equities research 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.com, Ryanair presently has an average rating of "Moderate Buy" and an average target price of $147.00.

Ryanair Price Performance

RYAAY traded up $0.23 during midday trading on Wednesday, hitting $56.62. The company had a trading volume of 2,257,271 shares, compared to its average volume of 1,662,059. Ryanair Holdings plc has a twelve month low of $36.96 and a twelve month high of $56.69. The company has a market capitalization of $30.12 billion, a PE ratio of 17.36, a P/E/G ratio of 2.01 and a beta of 1.37. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. The firm's 50-day simple moving average is $47.19 and its 200-day simple moving average is $45.92.

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.