Mercer Global Advisors Inc. ADV Sells 31,376 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Mercer Global Advisors Inc. ADV trimmed its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 40.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,492 shares of the transportation company's stock after selling 31,376 shares during the quarter. Mercer Global Advisors Inc. ADV's holdings in Ryanair were worth $1,983,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in Ryanair during the 3rd quarter worth about $141,000. GAMMA Investing LLC boosted its holdings in shares of Ryanair by 125.4% during the fourth quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company's stock worth $88,000 after purchasing an additional 1,120 shares during the period. CHICAGO TRUST Co NA purchased a new position in Ryanair during the fourth quarter valued at approximately $232,000. JCIC Asset Management Inc. increased its stake in Ryanair by 154.4% in the 4th quarter. JCIC Asset Management Inc. now owns 71,018 shares of the transportation company's stock valued at $3,096,000 after buying an additional 43,098 shares during the period. Finally, Park Avenue Securities LLC purchased a new stake in Ryanair in the 4th quarter worth approximately $294,000. 43.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. StockNews.com downgraded shares of Ryanair from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. Deutsche Bank Aktiengesellschaft raised Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday, March 27th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $147.00.

Ryanair Stock Up 0.6%

Shares of RYAAY stock traded up $0.31 on Tuesday, hitting $49.91. The company's stock had a trading volume of 670,544 shares, compared to its average volume of 1,644,594. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market capitalization of $26.55 billion, a price-to-earnings ratio of 15.30, a P/E/G ratio of 2.01 and a beta of 1.37. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $52.11. The firm's fifty day moving average price is $45.82 and its 200-day moving average price is $45.31.

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.