Two Sigma Advisers LP Invests $2.94 Million in Ryanair Holdings plc (NASDAQ:RYAAY)

Two Sigma Advisers LP purchased a new stake in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 67,376 shares of the transportation company's stock, valued at approximately $2,937,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Capital International Investors increased its holdings in shares of Ryanair by 6.1% in the 4th quarter. Capital International Investors now owns 38,800,258 shares of the transportation company's stock valued at $1,691,536,000 after purchasing an additional 2,231,153 shares during the period. Alliancebernstein L.P. boosted its position in Ryanair by 47.0% during the fourth quarter. Alliancebernstein L.P. now owns 3,128,742 shares of the transportation company's stock worth $136,382,000 after purchasing an additional 1,000,543 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in Ryanair during the fourth quarter worth approximately $39,816,000. Massachusetts Financial Services Co. MA boosted its position in shares of Ryanair by 3.0% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 28,091,455 shares of the transportation company's stock valued at $1,224,507,000 after acquiring an additional 828,019 shares during the period. Finally, Thompson Siegel & Walmsley LLC boosted its position in shares of Ryanair by 218.9% in the fourth quarter. Thompson Siegel & Walmsley LLC now owns 988,490 shares of the transportation company's stock valued at $43,088,000 after acquiring an additional 678,535 shares during the period. Institutional investors and hedge funds own 43.66% of the company's stock.

Ryanair Stock Performance

Shares of RYAAY stock traded down $0.65 during trading on Thursday, reaching $55.97. 2,775,793 shares of the company's stock were exchanged, compared to its average volume of 1,668,666. 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's fifty day moving average price is $47.40 and its 200-day moving average price is $45.99. Ryanair Holdings plc has a twelve month low of $36.96 and a twelve month high of $57.20. The stock has a market capitalization of $29.77 billion, a PE ratio of 17.16, a PEG ratio of 2.01 and a beta of 1.37.

Analysts Set New Price Targets

Several research analysts recently commented on RYAAY shares. Deutsche Bank Aktiengesellschaft raised Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, March 27th. Royal Bank of Canada reiterated an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Sanford C. Bernstein restated an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Wall Street Zen cut Ryanair from a "buy" rating to a "hold" rating in a research note on Wednesday. Finally, Citigroup restated a "buy" rating on shares of Ryanair in a research note on Wednesday, May 21st. Three 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 stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $147.00.

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.