International Assets Investment Management LLC Acquires Shares of 70,681 Ryanair Holdings plc (NASDAQ:RYAAY)

International Assets Investment Management LLC acquired a new position in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 70,681 shares of the transportation company's stock, valued at approximately $9,426,000.

Several other large investors have also made changes to their positions in the company. Contravisory Investment Management Inc. raised its stake in shares of Ryanair by 4.8% in the 4th quarter. Contravisory Investment Management Inc. now owns 1,840 shares of the transportation company's stock valued at $245,000 after acquiring an additional 85 shares during the period. Gallacher Capital Management LLC lifted its stake in shares of Ryanair by 3.3% during the third quarter. Gallacher Capital Management LLC now owns 4,043 shares of the transportation company's stock worth $393,000 after purchasing an additional 128 shares in the last quarter. Bank of Nova Scotia boosted its position in shares of Ryanair by 1.4% in the third quarter. Bank of Nova Scotia now owns 16,403 shares of the transportation company's stock worth $1,594,000 after buying an additional 226 shares during the period. Bruce G. Allen Investments LLC acquired a new stake in shares of Ryanair in the fourth quarter valued at about $31,000. Finally, Advisors Preferred LLC purchased a new stake in shares of Ryanair during the 4th quarter valued at about $31,000. 43.66% of the stock is owned by hedge funds and other institutional investors.

Ryanair Stock Performance

Ryanair stock traded down $13.18 during midday trading on Tuesday, reaching $128.16. 1,085,800 shares of the stock traded hands, compared to its average volume of 493,120. The firm has a fifty day moving average price of $141.27 and a two-hundred day moving average price of $129.46. Ryanair Holdings plc has a fifty-two week low of $87.18 and a fifty-two week high of $150.73. The firm has a market cap of $29.22 billion, a price-to-earnings ratio of 13.20, a PEG ratio of 0.71 and a beta of 1.59. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.32.

Analysts Set New Price Targets

Separately, Evercore ISI lifted their target price on Ryanair from $145.00 to $155.00 and gave the stock an "in-line" rating in a research report on Thursday, April 4th. Two equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Ryanair has a consensus rating of "Moderate Buy" and a consensus target price of $158.50.

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.