Voloridge Investment Management LLC Has $13.27 Million Stake in Ryanair Holdings plc (NASDAQ:RYAAY)

Voloridge Investment Management LLC cut its holdings in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 49.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 304,416 shares of the transportation company's stock after selling 303,114 shares during the quarter. Voloridge Investment Management LLC owned 0.06% of Ryanair worth $13,269,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Capital International Investors raised its position in shares of Ryanair by 6.1% during the 4th quarter. Capital International Investors now owns 38,800,258 shares of the transportation company's stock worth $1,691,536,000 after acquiring an additional 2,231,153 shares in the last quarter. 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 in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Ryanair in the fourth quarter worth $39,816,000. Massachusetts Financial Services Co. MA increased its stake in 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 purchasing an additional 828,019 shares during the last quarter. Finally, Thompson Siegel & Walmsley LLC increased its stake in Ryanair by 218.9% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 988,490 shares of the transportation company's stock worth $43,088,000 after acquiring an additional 678,535 shares during the last quarter. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Ryanair Stock Performance

Ryanair stock traded down $0.70 during trading hours on Thursday, hitting $55.92. The stock had a trading volume of 1,114,163 shares, compared to its average volume of 1,662,411. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $57.20. The company has a market cap of $29.75 billion, a PE ratio of 17.19, a price-to-earnings-growth ratio of 2.01 and a beta of 1.37. The company has a 50-day moving average of $47.40 and a two-hundred day moving average of $45.99. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21.

Wall Street Analysts Forecast Growth

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

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.