Ryanair Holdings plc (NASDAQ:RYAAY) Shares Sold by WCM Investment Management LLC

WCM Investment Management LLC lessened its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 17.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,190 shares of the transportation company's stock after selling 7,157 shares during the period. WCM Investment Management LLC's holdings in Ryanair were worth $4,609,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cornerstone Planning Group LLC grew its stake in Ryanair by 1,523.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company's stock worth $27,000 after buying an additional 259 shares in the last quarter. Bruce G. Allen Investments LLC purchased a new stake in Ryanair during the 4th quarter valued at $31,000. Advisors Preferred LLC purchased a new stake in Ryanair during the 4th quarter valued at $31,000. Tucker Asset Management LLC purchased a new stake in Ryanair during the 3rd quarter valued at $39,000. Finally, Cary Street Partners Investment Advisory LLC boosted its position in 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 buying an additional 264 shares during the period. Institutional investors own 43.66% of the company's stock.

Wall Street Analyst Weigh In

RYAAY has been the subject of several research reports. StockNews.com lowered shares of Ryanair from a "buy" rating to a "hold" rating in a report on Friday, January 5th. Raymond James upped their price objective on shares of Ryanair from $140.00 to $162.00 and gave the stock a "strong-buy" rating in a report on Monday, December 18th. Finally, Evercore ISI upped their price objective on shares of Ryanair from $145.00 to $155.00 and gave the stock an "in-line" rating in a report on Thursday, April 4th. Two investment 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 stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $158.50.

Ryanair Trading Down 0.9 %

NASDAQ RYAAY traded down $1.20 on Monday, hitting $138.11. 341,003 shares of the stock were exchanged, compared to its average volume of 522,149. 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 stock has a fifty day moving average price of $141.67 and a two-hundred day moving average price of $124.28. The firm has a market capitalization of $31.49 billion, a P/E ratio of 14.53, a P/E/G ratio of 0.71 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 issued its 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). Ryanair had a net margin of 15.64% and a return on equity of 29.39%. The company had revenue of $2.91 billion for the quarter, compared to analysts' expectations of $2.96 billion. Research analysts forecast that Ryanair Holdings plc will post 9.27 EPS for the current fiscal year.

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.