Ryanair Holdings plc (NASDAQ:RYAAY) Stock Position Trimmed by Trinity Street Asset Management LLP

Trinity Street Asset Management LLP reduced its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 0.8% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,947,748 shares of the transportation company's stock after selling 33,100 shares during the quarter. Ryanair accounts for approximately 16.9% of Trinity Street Asset Management LLP's holdings, making the stock its 2nd biggest position. Trinity Street Asset Management LLP owned about 0.74% of Ryanair worth $167,266,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in RYAAY. National Bank of Canada FI grew its stake in shares of Ryanair by 198.6% during the 4th 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 during the period. R Squared Ltd bought a new position in shares of Ryanair during the 4th quarter valued at approximately $42,000. EverSource Wealth Advisors LLC grew its stake in shares of Ryanair by 32.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock valued at $42,000 after acquiring an additional 236 shares during the period. Redwood Park Advisors LLC bought a new position in shares of Ryanair during the 4th quarter valued at approximately $43,000. Finally, Pacer Advisors Inc. grew its stake 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 valued at $95,000 after acquiring an additional 268 shares during the period. 43.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Ryanair Price Performance

Shares of RYAAY traded up $1.31 during mid-day trading on Friday, hitting $57.18. 954,012 shares of the stock were exchanged, compared to its average volume of 1,668,726. The company has a market cap of $30.42 billion, a PE ratio of 17.53, a price-to-earnings-growth ratio of 2.01 and a beta of 1.37. Ryanair Holdings plc has a 52-week low of $36.96 and a 52-week high of $57.32. The firm has a 50-day moving average of $49.03 and a two-hundred day moving average of $46.52. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86.

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.