New York State Common Retirement Fund Purchases 8,611 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

New York State Common Retirement Fund boosted its stake in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 4.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,421 shares of the transportation company's stock after acquiring an additional 8,611 shares during the period. New York State Common Retirement Fund owned 0.10% of Ryanair worth $30,196,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of RYAAY. Baillie Gifford & Co. raised its holdings in shares of 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 purchasing an additional 1,197,812 shares during the period. William Blair Investment Management LLC raised its holdings in shares of Ryanair by 207.5% during the third quarter. William Blair Investment Management LLC now owns 958,965 shares of the transportation company's stock worth $93,196,000 after purchasing an additional 647,093 shares during the period. Metropolis Capital Ltd raised its holdings in shares of Ryanair by 376.6% during the fourth quarter. Metropolis Capital Ltd now owns 561,211 shares of the transportation company's stock worth $74,843,000 after purchasing an additional 443,458 shares during the period. Invesco Ltd. increased its holdings in shares of Ryanair by 99.0% in the 3rd quarter. Invesco Ltd. now owns 793,982 shares of the transportation company's stock worth $77,183,000 after acquiring an additional 394,990 shares during the period. Finally, Lansdowne Partners UK LLP increased its holdings in shares of Ryanair by 17.8% in the 3rd 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 during the period. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Price Performance

Shares of NASDAQ:RYAAY traded down $0.09 during trading hours on Friday, hitting $139.91. 167,466 shares of the company's stock traded hands, compared to its average volume of 506,505. Ryanair Holdings plc has a 52 week low of $87.18 and a 52 week high of $150.73. 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 company's fifty day simple moving average is $141.63 and its two-hundred day simple moving average is $126.79. The company has a market cap of $31.90 billion, a price-to-earnings ratio of 14.41, a price-to-earnings-growth ratio of 0.69 and a beta of 1.59.

Ryanair (NASDAQ:RYAAY - Get Free Report) last announced its earnings results on Monday, January 29th. The transportation company reported $0.07 EPS 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 firm had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.96 billion. As a group, equities analysts anticipate that Ryanair Holdings plc will post 9.21 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on RYAAY shares. Evercore ISI increased 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. StockNews.com cut shares of Ryanair from a "buy" rating to a "hold" rating in a report on Friday, January 5th. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Ryanair has a consensus 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.