Baldwin Investment Management LLC Acquires 500 Shares of Ryanair Holdings PLC (NASDAQ:RYAAY)

Baldwin Investment Management LLC raised its holdings in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 2.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,052 shares of the transportation company’s stock after acquiring an additional 500 shares during the period. Baldwin Investment Management LLC’s holdings in Ryanair were worth $892,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Commonwealth Equity Services LLC lifted its position in Ryanair by 7.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 11,359 shares of the transportation company’s stock valued at $495,000 after buying an additional 821 shares during the period. Arrowstreet Capital Limited Partnership bought a new stake in shares of Ryanair during the 4th quarter valued at about $39,816,000. O Shaughnessy Asset Management LLC bought a new stake in shares of Ryanair during the 4th quarter valued at about $319,000. Wellington Management Group LLP grew its stake in shares of Ryanair by 21.8% during the 4th quarter. Wellington Management Group LLP now owns 3,257,174 shares of the transportation company’s stock valued at $141,980,000 after purchasing an additional 583,699 shares during the period. Finally, Alliancebernstein L.P. grew its stake in shares of Ryanair by 47.0% during the 4th quarter. Alliancebernstein L.P. now owns 3,128,742 shares of the transportation company’s stock valued at $136,382,000 after purchasing an additional 1,000,543 shares during the period. Institutional investors own 43.66% of the company’s stock.

Wall Street Analysts Forecast Growth

RYAAY has been the subject of several research reports. Citigroup reiterated a “buy” rating on shares of Ryanair in a research report on Wednesday, May 21st. Wall Street Zen upgraded Ryanair from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Oddo Bhf raised Ryanair from an “underperform” rating to an “outperform” rating in a research report on Wednesday, July 16th. Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a research report on Wednesday, May 21st. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $76.00 target price (up previously from $70.00) on shares of Ryanair in a research note on Wednesday, July 23rd. Six investment analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $111.50.

Ryanair Price Performance

Shares of NASDAQ RYAAY opened at $63.79 on Monday. The stock’s 50-day moving average is $57.16 and its two-hundred day moving average is $49.83. The company has a market cap of $33.85 billion, a price-to-earnings ratio of 14.97, a price-to-earnings-growth ratio of 1.05 and a beta of 1.38. Ryanair Holdings PLC has a 1-year low of $38.39 and a 1-year high of $63.91. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.66 and a quick ratio of 0.66.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings data on Monday, July 21st. The transportation company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.49 by $0.25. The firm had revenue of $5.07 billion during the quarter, compared to the consensus estimate of $4.16 billion. Ryanair had a return on equity of 27.91% and a net margin of 14.42%. Analysts forecast that Ryanair Holdings PLC will post 3.09 EPS for the current fiscal year.

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.