First Trust Advisors LP Trims Stock Position in Ryanair Holdings plc (NASDAQ:RYAAY)

First Trust Advisors LP lowered its position in Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 44.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 59,478 shares of the transportation company's stock after selling 47,647 shares during the quarter. First Trust Advisors LP's holdings in Ryanair were worth $2,593,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of RYAAY. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Ryanair by 172.2% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 75,354 shares of the transportation company's stock worth $3,285,000 after purchasing an additional 47,673 shares during the period. Perpetual Ltd lifted its position in shares of Ryanair by 539.8% during the fourth quarter. Perpetual Ltd now owns 988,490 shares of the transportation company's stock valued at $43,088,000 after buying an additional 833,988 shares during the last quarter. JCIC Asset Management Inc. grew its position in shares of Ryanair by 154.4% in the 4th quarter. JCIC Asset Management Inc. now owns 71,018 shares of the transportation company's stock worth $3,096,000 after buying an additional 43,098 shares during the last quarter. Haven Global Partners LLC purchased a new position in shares of Ryanair in the 4th quarter worth approximately $19,029,000. Finally, Raymond James Financial Inc. purchased a new stake in Ryanair during the fourth quarter valued at approximately $18,445,000. Institutional investors own 43.66% of the company's stock.

Ryanair Stock Performance

Shares of NASDAQ RYAAY traded down $0.93 during mid-day trading on Friday, hitting $49.85. The stock had a trading volume of 800,328 shares, compared to its average volume of 1,649,561. The firm has a market cap of $26.52 billion, a PE ratio of 15.28, a PEG ratio of 2.01 and a beta of 1.37. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. The company has a 50 day moving average of $45.83 and a two-hundred day moving average of $45.27. Ryanair Holdings plc has a twelve month low of $36.96 and a twelve month high of $52.11.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on RYAAY shares. Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a "hold" rating to a "buy" rating in a report on Thursday, March 27th. StockNews.com downgraded Ryanair from a "buy" rating to a "hold" rating in a research note on Thursday, February 6th. 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.com, the company currently has a consensus rating of "Buy" and an average target price of $147.00.

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.