W.G. Shaheen & Associates DBA Whitney & Co Reduces Stock Position in Ryanair Holdings PLC $RYAAY

W.G. Shaheen & Associates DBA Whitney & Co cut its holdings in Ryanair Holdings PLC (NASDAQ:RYAAY) by 20.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 216,142 shares of the transportation company’s stock after selling 54,348 shares during the quarter. Ryanair makes up approximately 1.2% of W.G. Shaheen & Associates DBA Whitney & Co’s portfolio, making the stock its 27th largest holding. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in Ryanair were worth $12,465,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Avantax Advisory Services Inc. grew its position in shares of Ryanair by 2.6% in the first quarter. Avantax Advisory Services Inc. now owns 8,094 shares of the transportation company’s stock valued at $343,000 after purchasing an additional 206 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Ryanair by 13.2% in the first quarter. GAMMA Investing LLC now owns 2,278 shares of the transportation company’s stock valued at $97,000 after purchasing an additional 265 shares during the last quarter. CWM LLC grew its position in shares of Ryanair by 39.8% in the first quarter. CWM LLC now owns 1,191 shares of the transportation company’s stock valued at $50,000 after purchasing an additional 339 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its position in shares of Ryanair by 6.9% in the second quarter. Signature Estate & Investment Advisors LLC now owns 5,429 shares of the transportation company’s stock valued at $313,000 after purchasing an additional 352 shares during the last quarter. Finally, Baldwin Investment Management LLC grew its position in shares of Ryanair by 2.4% in the first quarter. Baldwin Investment Management LLC now owns 21,052 shares of the transportation company’s stock valued at $892,000 after purchasing an additional 500 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Stock Up 1.5%

Shares of NASDAQ RYAAY opened at $62.48 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a market cap of $32.99 billion, a P/E ratio of 14.67, a price-to-earnings-growth ratio of 0.66 and a beta of 1.38. Ryanair Holdings PLC has a 1 year low of $38.52 and a 1 year high of $67.18. The firm’s 50 day moving average price is $60.31 and its 200 day moving average price is $57.93.

Analyst Ratings Changes

RYAAY has been the topic of several research reports. Morgan Stanley initiated coverage on shares of Ryanair in a research report on Wednesday, October 15th. They issued an “overweight” rating on the stock. Raymond James Financial reiterated a “strong-buy” rating and issued a $76.00 price target (up from $70.00) on shares of Ryanair in a research report on Wednesday, July 23rd. Wall Street Zen lowered shares of Ryanair from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Oddo Bhf upgraded shares of Ryanair from an “underperform” rating to an “outperform” rating in a research report on Wednesday, July 16th. Finally, The Goldman Sachs Group lowered shares of Ryanair from a “buy” rating to a “neutral” rating in a research report on Monday, September 8th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $76.00.

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.