Waverly Advisors LLC Buys Shares of 4,685 Ryanair Holdings plc (NASDAQ:RYAAY)

Waverly Advisors LLC 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 Securities & Exchange Commission. The fund purchased 4,685 shares of the transportation company's stock, valued at approximately $204,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. National Bank of Canada FI lifted its position 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 last quarter. EverSource Wealth Advisors LLC increased its stake in Ryanair by 32.9% in the fourth 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. R Squared Ltd acquired a new position in Ryanair in the fourth quarter valued at $42,000. Redwood Park Advisors LLC acquired a new position in Ryanair in the fourth quarter valued at $43,000. Finally, Pacer Advisors Inc. increased its stake in Ryanair by 14.1% in the fourth quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company's stock valued at $95,000 after purchasing an additional 268 shares during the period. 43.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft raised 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 report on Wednesday, May 21st. Royal Bank of Canada restated an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Wall Street Zen cut shares of Ryanair from a "buy" rating to a "hold" rating in a research note on Wednesday. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Ryanair presently has an average rating of "Moderate Buy" and an average target price of $147.00.

Ryanair Price Performance

Ryanair stock traded down $0.65 during trading hours on Thursday, hitting $55.97. The stock had a trading volume of 2,775,793 shares, compared to its average volume of 1,668,668. Ryanair Holdings plc has a 1-year low of $36.96 and a 1-year high of $57.20. The stock has a market capitalization of $29.77 billion, a price-to-earnings ratio of 17.16, a PEG ratio of 2.01 and a beta of 1.37. The stock's fifty day moving average is $47.40 and its two-hundred day moving average is $45.99. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86.

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.