Natixis Advisors L.P. Sells 77,298 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Natixis Advisors L.P. trimmed its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 16.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 388,947 shares of the transportation company's stock after selling 77,298 shares during the quarter. Natixis Advisors L.P. owned approximately 0.17% of Ryanair worth $51,870,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Cornerstone Planning Group LLC boosted its holdings in Ryanair by 1,523.5% in the third quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company's stock worth $27,000 after purchasing an additional 259 shares during the period. Bruce G. Allen Investments LLC bought a new stake in shares of Ryanair during the 4th quarter valued at about $31,000. Advisors Preferred LLC acquired a new stake in Ryanair during the fourth quarter worth about $31,000. Tucker Asset Management LLC bought a new position in Ryanair in the third quarter worth about $39,000. Finally, Cary Street Partners Investment Advisory LLC boosted its stake in Ryanair by 86.0% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 571 shares of the transportation company's stock valued at $56,000 after acquiring an additional 264 shares during the period. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Trading Up 0.4 %

Shares of Ryanair stock traded up $0.51 during trading on Friday, hitting $140.30. The stock had a trading volume of 356,740 shares, compared to its average volume of 355,349. Ryanair Holdings plc has a 1 year low of $87.18 and a 1 year high of $150.73. The stock has a 50 day simple moving average of $141.49 and a 200 day simple moving average of $128.30. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $31.99 billion, a PE ratio of 14.45, a P/E/G ratio of 0.71 and a beta of 1.59.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Evercore ISI boosted their target price on shares of 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 report on Friday, January 5th. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Ryanair has an average rating of "Moderate Buy" and an average target price 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.