Squarepoint Ops LLC Boosts Stake in Ryanair Holdings plc (NASDAQ:RYAAY)

Squarepoint Ops LLC boosted its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 28.5% during the 4th 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 acquiring an additional 39,579 shares during the quarter. Squarepoint Ops LLC's holdings in Ryanair were worth $7,776,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Park Avenue Securities LLC purchased a new stake in Ryanair during the 4th quarter worth about $294,000. SG Americas Securities LLC acquired a new stake in shares of Ryanair during the 4th quarter worth about $3,729,000. Metropolis Capital Ltd lifted its stake in Ryanair by 14.7% during the fourth quarter. Metropolis Capital Ltd now owns 4,593,130 shares of the transportation company's stock worth $200,215,000 after purchasing an additional 587,023 shares during the last quarter. Gradient Investments LLC acquired a new position in Ryanair in the fourth quarter valued at approximately $506,000. Finally, Blue Trust Inc. increased its stake in 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. Hedge funds and other institutional investors own 43.66% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on RYAAY shares. Royal Bank of Canada reissued an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Wall Street Zen raised shares of Ryanair from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th. Sanford C. Bernstein reiterated an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Citigroup reissued a "buy" rating on shares of Ryanair in a research report on Wednesday, May 21st. Finally, Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Ryanair has a consensus rating of "Buy" and a consensus price target of $147.00.

Ryanair Stock Performance

Shares of NASDAQ RYAAY traded up $0.36 during mid-day trading on Tuesday, hitting $56.39. 2,429,169 shares of the company were exchanged, compared to its average volume of 1,659,678. The stock has a 50 day simple moving average of $47.00 and a 200-day simple moving average of $45.85. Ryanair Holdings plc has a 1-year low of $36.96 and a 1-year high of $56.44. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. The firm has a market cap of $30.00 billion, a price-to-earnings ratio of 17.29, a price-to-earnings-growth ratio of 2.01 and a beta of 1.37.

About Ryanair

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.