27,804 Shares in Ryanair Holdings plc (NASDAQ:RYAAY) Bought by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. acquired a new stake in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 27,804 shares of the transportation company's stock, valued at approximately $3,708,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Massachusetts Financial Services Co. MA increased its position in shares of Ryanair by 2.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 10,320,082 shares of the transportation company's stock valued at $1,003,215,000 after buying an additional 259,703 shares in the last quarter. Lazard Asset Management LLC boosted its stake in shares of Ryanair by 12.0% in the second quarter. Lazard Asset Management LLC now owns 6,684,059 shares of the transportation company's stock worth $739,256,000 after acquiring an additional 715,572 shares during the last quarter. Lansdowne Partners UK LLP boosted its stake in shares of Ryanair by 17.8% in the third quarter. Lansdowne Partners UK LLP now owns 2,081,085 shares of the transportation company's stock worth $202,301,000 after acquiring an additional 314,588 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Ryanair by 13.5% in the first quarter. Wellington Management Group LLP now owns 2,071,104 shares of the transportation company's stock worth $180,436,000 after acquiring an additional 246,276 shares during the last quarter. Finally, Royal Bank of Canada boosted its stake in shares of Ryanair by 27.5% in the first quarter. Royal Bank of Canada now owns 2,038,087 shares of the transportation company's stock worth $177,557,000 after acquiring an additional 439,740 shares during the last quarter. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Ryanair Trading Down 2.6 %

Shares of RYAAY stock traded down $3.81 on Tuesday, hitting $142.69. The stock had a trading volume of 379,031 shares, compared to its average volume of 529,931. The company's 50 day moving average price is $139.44 and its 200-day moving average price is $121.39. Ryanair Holdings plc has a 1 year low of $87.18 and a 1 year high of $147.78. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market capitalization of $32.53 billion, a P/E ratio of 14.70, a P/E/G ratio of 0.93 and a beta of 1.59.

Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its quarterly earnings results on Monday, January 29th. The transportation company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.35 by ($0.28). The company had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.96 billion. Ryanair had a net margin of 15.64% and a return on equity of 29.39%. Analysts anticipate that Ryanair Holdings plc will post 9.28 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on RYAAY. StockNews.com lowered Ryanair from a "buy" rating to a "hold" rating in a research note on Friday, January 5th. Raymond James boosted their price objective on Ryanair from $140.00 to $162.00 and gave the stock a "strong-buy" rating in a research note on Monday, December 18th. Finally, Evercore ISI lowered Ryanair from an "outperform" rating to an "in-line" rating and set a $140.00 price objective on the stock. in a research note on Tuesday, January 2nd. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $151.00.

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.