LPL Financial LLC Sells 59,961 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

LPL Financial LLC cut its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 54.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,743 shares of the transportation company's stock after selling 59,961 shares during the period. LPL Financial LLC's holdings in Ryanair were worth $2,168,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of RYAAY. Fox Run Management L.L.C. bought a new stake in shares of Ryanair in the fourth quarter worth $922,000. Sei Investments Co. grew its stake in shares of Ryanair by 2.4% during the 4th quarter. Sei Investments Co. now owns 1,495,511 shares of the transportation company's stock valued at $65,189,000 after purchasing an additional 34,426 shares during the period. Quantbot Technologies LP purchased a new stake in shares of Ryanair during the 4th quarter valued at about $462,000. Virtu Financial LLC lifted its stake in shares of Ryanair by 65.8% in the 4th quarter. Virtu Financial LLC now owns 10,083 shares of the transportation company's stock worth $439,000 after purchasing an additional 4,003 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Ryanair by 1.7% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 411,634 shares of the transportation company's stock worth $17,943,000 after buying an additional 6,894 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Ryanair Price Performance

Shares of NASDAQ:RYAAY traded up $0.50 during midday trading on Friday, reaching $45.68. 981,087 shares of the company were exchanged, compared to its average volume of 1,663,225. The stock has a market cap of $24.30 billion, a PE ratio of 14.00, a price-to-earnings-growth ratio of 2.01 and a beta of 1.41. The business's fifty day moving average is $45.25 and its two-hundred day moving average is $44.86. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $57.48. 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 (NASDAQ:RYAAY - Get Free Report) last issued its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share (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%. As a group, analysts predict that Ryanair Holdings plc will post 3.09 earnings per share for the current year.

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.