Ryanair (NASDAQ:RYAAY) Lowered to "Hold" Rating by Wall Street Zen

Ryanair (NASDAQ:RYAAY - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Wednesday.

Other research analysts have also recently issued research reports about the company. Deutsche Bank Aktiengesellschaft upgraded Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, March 27th. Citigroup reissued a "buy" rating on shares of Ryanair in a report on Wednesday, May 21st. Royal Bank of Canada reissued an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Finally, Sanford C. Bernstein reissued an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Three research analysts have rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Ryanair presently has an average rating of "Moderate Buy" and a consensus price target of $147.00.

Ryanair Stock Performance

RYAAY traded down $0.18 during trading hours on Wednesday, reaching $55.79. The company's stock had a trading volume of 2,228,246 shares, compared to its average volume of 1,672,562. Ryanair has a 52 week low of $36.96 and a 52 week high of $57.32. The company's 50-day moving average is $47.80 and its 200-day moving average is $46.15. 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 firm has a market cap of $29.68 billion, a PE ratio of 17.10, a price-to-earnings-growth ratio of 2.01 and a beta of 1.37.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Capital International Investors lifted its position in shares of Ryanair by 6.1% during the 4th quarter. Capital International Investors now owns 38,800,258 shares of the transportation company's stock valued at $1,691,536,000 after buying an additional 2,231,153 shares during the last quarter. Massachusetts Financial Services Co. MA raised its holdings in shares of Ryanair by 4.4% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 29,324,514 shares of the transportation company's stock valued at $1,242,480,000 after acquiring an additional 1,233,059 shares in the last quarter. Brave Warrior Advisors LLC raised its holdings in shares of Ryanair by 9.8% in the 4th quarter. Brave Warrior Advisors LLC now owns 5,604,258 shares of the transportation company's stock valued at $244,290,000 after acquiring an additional 500,239 shares in the last quarter. Metropolis Capital Ltd raised its holdings in shares of Ryanair by 3.5% in the 1st quarter. Metropolis Capital Ltd now owns 4,753,672 shares of the transportation company's stock valued at $201,413,000 after acquiring an additional 160,542 shares in the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Ryanair by 7.3% in the 1st quarter. Royal Bank of Canada now owns 3,909,138 shares of the transportation company's stock valued at $165,630,000 after acquiring an additional 266,343 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company's stock.

About Ryanair

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.