Baird Financial Group Inc. Has $33.24 Million Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Baird Financial Group Inc. lifted its stake in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 63.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 approximately 0.14% of Ryanair worth $33,240,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. National Bank of Canada FI increased its position in shares of Ryanair by 198.6% in the fourth quarter. National Bank of Canada FI now owns 657 shares of the transportation company's stock valued at $29,000 after acquiring an additional 437 shares during the period. R Squared Ltd bought a new stake in shares of Ryanair in the 4th quarter worth $42,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Ryanair by 32.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock valued at $42,000 after buying an additional 236 shares during the period. Redwood Park Advisors LLC acquired a new position in shares of Ryanair in the 4th quarter valued at $43,000. Finally, Pinnacle Bancorp Inc. increased its holdings in shares of Ryanair by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company's stock valued at $47,000 after purchasing an additional 645 shares during the period. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Ryanair Price Performance

NASDAQ:RYAAY traded down $0.93 during mid-day trading on Friday, reaching $49.85. 800,328 shares of the stock were exchanged, compared to its average volume of 1,649,561. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair Holdings plc has a 1-year low of $36.96 and a 1-year high of $52.11. The firm has a market capitalization of $26.52 billion, a PE ratio of 15.28, a PEG ratio of 2.01 and a beta of 1.37. The business has a fifty day moving average price of $45.83 and a 200 day moving average price of $45.27.

Analysts Set New Price Targets

A number of research analysts recently weighed in on RYAAY shares. StockNews.com lowered shares of Ryanair from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. Deutsche Bank Aktiengesellschaft upgraded Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, March 27th. Three investment 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. Based on data from MarketBeat, Ryanair presently has a consensus rating of "Buy" and a consensus price target 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.