Ryanair Holdings plc (NASDAQ:RYAAY) Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA decreased its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 6.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,655,230 shares of the transportation company's stock after selling 664,852 shares during the quarter. Massachusetts Financial Services Co. MA owned about 4.24% of Ryanair worth $1,287,621,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in RYAAY. Contravisory Investment Management Inc. raised its holdings in Ryanair by 4.8% in the fourth 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 in the last quarter. Gallacher Capital Management LLC lifted its position 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 during the last quarter. Allspring Global Investments Holdings LLC grew its stake in Ryanair by 47.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 700 shares of the transportation company's stock worth $93,000 after purchasing an additional 224 shares in the last quarter. Bank of Nova Scotia grew its stake in 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 purchasing an additional 226 shares in the last quarter. Finally, Bruce G. Allen Investments LLC bought a new stake in Ryanair in the fourth quarter valued at about $31,000. 43.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Ryanair Price Performance

RYAAY stock traded down $0.83 during trading hours on Friday, hitting $129.35. 1,341,511 shares of the stock traded hands, compared to its average volume of 434,561. The stock has a 50-day simple moving average of $140.85 and a 200 day simple moving average of $130.04. The company has a market cap of $29.49 billion, a P/E ratio of 13.32, a P/E/G ratio of 0.65 and a beta of 1.59. Ryanair Holdings plc has a one year low of $87.18 and a one year high of $150.73. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.32.

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.

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