Ryanair Holdings plc (NASDAQ:RYAAY) Shares Purchased by Ninety One North America Inc.

Ninety One North America Inc. raised its stake in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 13.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 90,476 shares of the transportation company's stock after buying an additional 10,512 shares during the quarter. Ninety One North America Inc.'s holdings in Ryanair were worth $12,066,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in RYAAY. HighTower Advisors LLC grew its holdings in Ryanair by 10.3% in the 1st quarter. HighTower Advisors LLC now owns 3,047 shares of the transportation company's stock valued at $265,000 after buying an additional 285 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of Ryanair by 16.8% in the 1st quarter. Private Advisor Group LLC now owns 4,758 shares of the transportation company's stock valued at $414,000 after purchasing an additional 683 shares during the last quarter. Citigroup Inc. lifted its stake in shares of Ryanair by 1.2% in the 1st quarter. Citigroup Inc. now owns 39,970 shares of the transportation company's stock valued at $3,483,000 after purchasing an additional 483 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of Ryanair by 8.2% in the 1st quarter. Bank of Montreal Can now owns 11,691 shares of the transportation company's stock valued at $984,000 after purchasing an additional 884 shares during the last quarter. Finally, Raymond James Trust N.A. lifted its stake in shares of Ryanair by 16.2% in the 1st quarter. Raymond James Trust N.A. now owns 3,406 shares of the transportation company's stock valued at $297,000 after purchasing an additional 476 shares during the last quarter. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Ryanair Trading Down 0.7 %

RYAAY traded down $0.95 during mid-day trading on Thursday, hitting $135.40. 720,803 shares of the stock were exchanged, compared to its average volume of 521,233. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.32. The company has a market cap of $30.87 billion, a PE ratio of 13.92, a PEG ratio of 0.70 and a beta of 1.59. The firm's fifty day moving average is $141.58 and its two-hundred day moving average is $124.91. 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 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%. Equities analysts forecast that Ryanair Holdings plc will post 9.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Evercore ISI upped their price target on Ryanair from $145.00 to $155.00 and gave the company an "in-line" rating in a research note on Thursday, April 4th. StockNews.com lowered Ryanair from a "buy" rating to a "hold" rating in a research note on Friday, January 5th. Two 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 company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $158.50.

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.