Millennium Management LLC Has $23.90 Million Stock Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Millennium Management LLC raised its position in Ryanair Holdings plc (NASDAQ:RYAAY) by 52.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 548,227 shares of the transportation company’s stock after buying an additional 188,575 shares during the quarter. Millennium Management LLC’s holdings in Ryanair were worth $23,897,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC lifted its position 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 acquiring an additional 236 shares during the period. Wilmington Savings Fund Society FSB lifted its position in shares of Ryanair by 8.3% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,369 shares of the transportation company’s stock valued at $147,000 after acquiring an additional 259 shares during the period. Schechter Investment Advisors LLC lifted its position in shares of Ryanair by 2.3% during the 4th quarter. Schechter Investment Advisors LLC now owns 11,584 shares of the transportation company’s stock valued at $505,000 after acquiring an additional 261 shares during the period. Pacer Advisors Inc. lifted its position in shares of Ryanair by 14.1% during the 4th quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company’s stock valued at $95,000 after acquiring an additional 268 shares during the period. Finally, Gallacher Capital Management LLC lifted its position in shares of Ryanair by 3.5% during the 4th quarter. Gallacher Capital Management LLC now owns 10,822 shares of the transportation company’s stock valued at $472,000 after acquiring an additional 364 shares during the period. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Price Performance

Ryanair stock opened at $53.97 on Tuesday. 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 company has a market capitalization of $28.71 billion, a PE ratio of 16.55, a P/E/G ratio of 2.01 and a beta of 1.37. Ryanair Holdings plc has a 12 month low of $36.96 and a 12 month high of $54.39. The stock has a 50-day moving average price of $46.19 and a two-hundred day moving average price of $45.52.

Ryanair (NASDAQ:RYAAY) last posted its earnings results on Monday, May 19th. The transportation company reported $3.12 EPS for the quarter, beating the consensus estimate of ($0.64) by $3.76. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Analysts expect that Ryanair Holdings plc will post 3.09 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. StockNews.com downgraded Ryanair from a “buy” rating to a “hold” rating in a research report 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 equities research analysts have rated the stock with a hold rating, three have given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $147.00.

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.