U S Global Investors Inc. Has $6.72 Million Stock Holdings in Ryanair Holdings PLC (NASDAQ:RYAAY)

U S Global Investors Inc. lowered its stake in Ryanair Holdings PLC (NASDAQ:RYAAY) by 32.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,533 shares of the transportation company’s stock after selling 76,886 shares during the period. Ryanair accounts for 0.9% of U S Global Investors Inc.’s holdings, making the stock its 25th largest holding. U S Global Investors Inc.’s holdings in Ryanair were worth $6,717,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. National Bank of Canada FI grew its stake in shares of Ryanair by 198.6% in the fourth quarter. National Bank of Canada FI now owns 657 shares of the transportation company’s stock worth $29,000 after purchasing an additional 437 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Ryanair by 32.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company’s stock worth $42,000 after acquiring an additional 236 shares in the last quarter. Golden State Wealth Management LLC increased its position in shares of Ryanair by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 962 shares of the transportation company’s stock worth $41,000 after acquiring an additional 481 shares in the last quarter. Redwood Park Advisors LLC bought a new stake in shares of Ryanair during the fourth quarter worth about $43,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in Ryanair in the 1st quarter worth about $48,000. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Stock Down 0.6%

Shares of NASDAQ:RYAAY opened at $56.99 on Friday. The firm has a fifty day moving average of $53.03 and a 200 day moving average of $47.74. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.74 and a current ratio of 0.74. Ryanair Holdings PLC has a 52-week low of $36.96 and a 52-week high of $58.38. The firm has a market capitalization of $30.28 billion, a PE ratio of 17.83, a price-to-earnings-growth ratio of 1.02 and a beta of 1.38.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Ryanair in a research report on Wednesday, May 21st. Royal Bank Of Canada restated an “outperform” rating on shares of Ryanair in a research note on Wednesday, May 21st. Citigroup restated a “buy” rating on shares of Ryanair in a research note on Wednesday, May 21st. Wall Street Zen cut shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Wednesday, May 28th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, March 27th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, Ryanair currently has an average rating of “Moderate Buy” and an average target price of $147.00.

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.