Lancaster Investment Management Makes New Investment in Ryanair Holdings plc (NASDAQ:RYAAY)

Lancaster Investment Management bought 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 and Exchange Commission (SEC). The institutional investor bought 161,137 shares of the transportation company's stock, valued at approximately $21,489,000. Ryanair makes up approximately 10.9% of Lancaster Investment Management's investment portfolio, making the stock its 5th biggest position. Lancaster Investment Management owned 0.07% of Ryanair at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of RYAAY. Massachusetts Financial Services Co. MA raised its stake in Ryanair by 2.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 10,320,082 shares of the transportation company's stock worth $1,003,215,000 after acquiring an additional 259,703 shares in the last quarter. Baillie Gifford & Co. raised its stake in Ryanair by 14.6% during the fourth quarter. Baillie Gifford & Co. now owns 9,389,236 shares of the transportation company's stock worth $1,252,149,000 after acquiring an additional 1,197,812 shares in the last quarter. Lazard Asset Management LLC raised its stake in Ryanair by 12.0% during 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 in the last quarter. Lansdowne Partners UK LLP raised its stake in Ryanair by 17.8% during 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 in the last quarter. Finally, Wellington Management Group LLP raised its stake in Ryanair by 13.5% during 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 in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have issued reports on RYAAY. Evercore ISI increased their price objective on Ryanair from $145.00 to $155.00 and gave the stock an "in-line" rating in a research note on Thursday, April 4th. StockNews.com cut Ryanair from a "buy" rating to a "hold" rating in a report on Friday, January 5th. Finally, Raymond James increased their target price on Ryanair from $140.00 to $162.00 and gave the stock a "strong-buy" rating in a report on Monday, December 18th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $158.50.

Ryanair Price Performance

Shares of RYAAY stock traded down $0.50 during trading hours on Tuesday, hitting $148.08. 304,684 shares of the company's stock were exchanged, compared to its average volume of 527,289. The stock's 50-day moving average is $141.23 and its 200-day moving average is $123.31. 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 stock has a market cap of $33.76 billion, a price-to-earnings ratio of 15.25, a price-to-earnings-growth ratio of 0.75 and a beta of 1.59. Ryanair Holdings plc has a 52 week low of $87.18 and a 52 week high of $150.73.

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 the consensus estimate of $0.35 by ($0.28). The firm had revenue of $2.91 billion during the quarter, compared to the consensus estimate of $2.96 billion. Ryanair had a net margin of 15.64% and a return on equity of 29.39%. As a group, research analysts forecast that Ryanair Holdings plc will post 9.25 EPS for the current year.

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.