Marshall Wace LLP Has $292,000 Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Marshall Wace LLP cut its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY - Free Report) by 87.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,689 shares of the transportation company's stock after selling 46,606 shares during the quarter. Marshall Wace LLP's holdings in Ryanair were worth $292,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RYAAY. Massachusetts Financial Services Co. MA increased its position in shares of Ryanair by 3.0% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 28,091,455 shares of the transportation company's stock worth $1,224,507,000 after purchasing an additional 828,019 shares during the last quarter. Metropolis Capital Ltd boosted its holdings in Ryanair by 14.7% in the fourth quarter. Metropolis Capital Ltd now owns 4,593,130 shares of the transportation company's stock valued at $200,215,000 after purchasing an additional 587,023 shares during the period. Trinity Street Asset Management LLP lifted its stake in Ryanair by 6.0% in the fourth quarter. Trinity Street Asset Management LLP now owns 3,980,848 shares of the transportation company's stock worth $173,525,000 after acquiring an additional 225,098 shares during the last quarter. FIL Ltd increased its holdings in Ryanair by 5.8% in the fourth quarter. FIL Ltd now owns 3,804,773 shares of the transportation company's stock valued at $165,850,000 after buying an additional 209,424 shares during the last quarter. Finally, Wellington Management Group LLP raised its holdings in Ryanair by 21.8% during the fourth quarter. Wellington Management Group LLP now owns 3,257,174 shares of the transportation company's stock worth $141,980,000 after purchasing an additional 583,699 shares in the last quarter. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Stock Down 0.1 %

Ryanair stock traded down $0.03 during mid-day trading on Thursday, hitting $50.80. 888,149 shares of the company's stock were exchanged, compared to its average volume of 1,664,616. Ryanair Holdings plc has a 1-year low of $36.96 and a 1-year high of $53.65. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The stock has a 50 day moving average of $45.72 and a two-hundred day moving average of $45.20. The stock has a market cap of $27.02 billion, a P/E ratio of 15.57, a P/E/G ratio of 2.01 and a beta of 1.37.

Ryanair (NASDAQ:RYAAY - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates 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 anticipate that Ryanair Holdings plc will post 3.09 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on RYAAY shares. StockNews.com cut shares of Ryanair from a "buy" rating to a "hold" rating in a report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday, March 27th. Three analysts have rated the stock with a hold rating, three have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target 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.