Ryanair Holdings plc (NASDAQ:RYAAY) Shares Purchased by Baird Financial Group Inc.

Baird Financial Group Inc. raised its holdings in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 63.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 762,556 shares of the transportation company's stock after acquiring an additional 296,778 shares during the period. Baird Financial Group Inc. owned 0.14% of Ryanair worth $33,240,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Virtu Financial LLC boosted its position in shares of Ryanair by 9.1% in the third quarter. Virtu Financial LLC now owns 6,080 shares of the transportation company's stock worth $275,000 after acquiring an additional 509 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Ryanair during the third quarter worth approximately $141,000. Franklin Resources Inc. grew its stake in shares of Ryanair by 142.2% during the 3rd quarter. Franklin Resources Inc. now owns 1,839,384 shares of the transportation company's stock valued at $81,282,000 after buying an additional 1,079,920 shares during the period. GAMMA Investing LLC increased its holdings in shares of Ryanair by 125.4% during the 4th quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company's stock worth $88,000 after buying an additional 1,120 shares during the last quarter. Finally, CHICAGO TRUST Co NA purchased a new position in shares of Ryanair in the 4th quarter worth $232,000. Hedge funds and other institutional investors own 43.66% of the company's stock.

Ryanair Trading Up 1.0 %

NASDAQ:RYAAY opened at $50.36 on Tuesday. Ryanair Holdings plc has a 12 month low of $36.96 and a 12 month high of $56.76. The business's 50-day moving average is $45.62 and its two-hundred day moving average is $45.13. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a market capitalization of $26.79 billion, a PE ratio of 15.44, a price-to-earnings-growth ratio of 2.01 and a beta of 1.37.

Ryanair (NASDAQ:RYAAY - Get Free Report) last released its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Research analysts predict that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. StockNews.com downgraded Ryanair from a "buy" rating to a "hold" rating in a research report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft upgraded Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, Ryanair currently has a consensus rating of "Buy" and an average target price of $147.00.

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.

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