Ryanair Holdings plc (NASDAQ:RYAAY) Stake Cut by U S Global Investors Inc.

U S Global Investors Inc. lowered its stake in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 16.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 129,183 shares of the transportation company's stock after selling 25,322 shares during the quarter. Ryanair accounts for about 1.2% of U S Global Investors Inc.'s portfolio, making the stock its 20th biggest holding. U S Global Investors Inc. owned 0.06% of Ryanair worth $17,228,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Bruce G. Allen Investments LLC acquired a new position in shares of Ryanair during the 4th quarter valued at about $31,000. Cornerstone Planning Group LLC boosted its position in shares of Ryanair by 1,523.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company's stock valued at $27,000 after acquiring an additional 259 shares during the last quarter. Tucker Asset Management LLC acquired a new position in shares of Ryanair during the 3rd quarter valued at about $39,000. Cary Street Partners Investment Advisory LLC boosted its position in shares of Ryanair by 86.0% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 571 shares of the transportation company's stock valued at $56,000 after acquiring an additional 264 shares during the last quarter. Finally, Barclays PLC acquired a new position in shares of Ryanair during the 2nd quarter valued at about $77,000. Institutional investors and hedge funds own 43.66% of the company's stock.

Ryanair Trading Down 1.4 %

NASDAQ:RYAAY traded down $2.05 on Thursday, reaching $144.17. 900,956 shares of the company's stock were exchanged, compared to its average volume of 534,025. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $32.87 billion, a price-to-earnings ratio of 14.85, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59. The business has a fifty day moving average of $140.08 and a 200-day moving average of $121.86. Ryanair Holdings plc has a 52-week low of $87.18 and a 52-week high of $148.76.

Ryanair (NASDAQ:RYAAY - Get Free Report) last issued 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 business had revenue of $2.91 billion for the quarter, compared to analysts' expectations of $2.96 billion. Ryanair had a return on equity of 29.39% and a net margin of 15.64%. As a group, analysts expect that Ryanair Holdings plc will post 9.28 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on RYAAY shares. Evercore ISI boosted their price objective on shares of Ryanair from $145.00 to $155.00 and gave the company an "in-line" rating in a report on Thursday. StockNews.com lowered shares of Ryanair from a "buy" rating to a "hold" rating in a report on Friday, January 5th. Finally, Raymond James boosted their price objective on shares of Ryanair from $140.00 to $162.00 and gave the company a "strong-buy" rating in a report on Monday, December 18th. Two 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's stock. According to data from MarketBeat, Ryanair presently has a consensus rating of "Moderate Buy" and an average target price of $158.50.

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.