Silchester International Investors LLP Buys New Shares in Ryanair Holdings plc (NASDAQ:RYAAY)

Silchester International Investors LLP purchased a new position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 35,972 shares of the transportation company's stock, valued at approximately $4,652,000. Ryanair accounts for 0.6% of Silchester International Investors LLP's investment portfolio, making the stock its 3rd biggest holding.

Other hedge funds have also modified their holdings of the company. Massachusetts Financial Services Co. MA boosted its holdings in Ryanair by 2.6% during the 3rd 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 acquiring an additional 259,703 shares during the period. Baillie Gifford & Co. boosted its holdings in Ryanair by 14.6% during the 4th quarter. Baillie Gifford & Co. now owns 9,389,236 shares of the transportation company's stock valued at $1,252,149,000 after acquiring an additional 1,197,812 shares during the period. Lazard Asset Management LLC boosted its holdings in Ryanair by 5.7% during the 4th quarter. Lazard Asset Management LLC now owns 6,292,044 shares of the transportation company's stock valued at $470,392,000 after acquiring an additional 337,122 shares during the period. Sprucegrove Investment Management Ltd. boosted its holdings in Ryanair by 9.9% during the 4th quarter. Sprucegrove Investment Management Ltd. now owns 2,737,862 shares of the transportation company's stock valued at $365,121,000 after acquiring an additional 246,850 shares during the period. Finally, Lansdowne Partners UK LLP boosted its holdings in Ryanair by 17.8% during the 3rd quarter. Lansdowne Partners UK LLP now owns 2,081,085 shares of the transportation company's stock valued at $202,301,000 after acquiring an additional 314,588 shares during the period. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Ryanair Stock Down 4.3 %

Shares of RYAAY traded down $6.32 during midday trading on Friday, hitting $139.31. The company had a trading volume of 739,499 shares, compared to its average volume of 366,707. The company's 50-day simple moving average is $141.67 and its 200-day simple moving average is $124.28. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $31.76 billion, a P/E ratio of 14.35, a P/E/G ratio of 0.71 and a beta of 1.59. Ryanair Holdings plc has a 1 year low of $87.18 and a 1 year high of $150.73.

Ryanair (NASDAQ:RYAAY - Get Free Report) last issued its earnings results on Monday, January 29th. The transportation company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.28). Ryanair had a return on equity of 29.39% and a net margin of 15.64%. The business had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.96 billion. As a group, sell-side analysts expect that Ryanair Holdings plc will post 9.27 EPS for the current year.

Wall Street Analysts Forecast Growth

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

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.