O Shaughnessy Asset Management LLC boosted its stake in Ryanair Holdings PLC (NASDAQ:RYAAY – Free Report) by 50.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 173,101 shares of the transportation company’s stock after purchasing an additional 58,265 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in Ryanair were worth $12,496,000 as of its most recent filing with the Securities & Exchange Commission.
Several other large investors have also added to or reduced their stakes in RYAAY. CIBC Private Wealth Group LLC raised its holdings in shares of Ryanair by 280.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 348 shares in the last quarter. Pin Oak Investment Advisors Inc. raised its holdings in shares of Ryanair by 76.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 209 shares in the last quarter. Larson Financial Group LLC raised its holdings in shares of Ryanair by 64.9% in the 4th quarter. Larson Financial Group LLC now owns 653 shares of the transportation company’s stock valued at $47,000 after acquiring an additional 257 shares in the last quarter. Wexford Capital LP purchased a new stake in shares of Ryanair in the 3rd quarter valued at about $55,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Ryanair by 88.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 813 shares of the transportation company’s stock valued at $59,000 after acquiring an additional 381 shares in the last quarter. Institutional investors own 43.66% of the company’s stock.
Ryanair Price Performance
RYAAY opened at $58.00 on Wednesday. The stock’s 50 day simple moving average is $58.24 and its 200 day simple moving average is $64.11. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.90 and a quick ratio of 0.90. Ryanair Holdings PLC has a 1 year low of $53.14 and a 1 year high of $74.24. The firm has a market cap of $30.20 billion, a price-to-earnings ratio of 12.31, a PEG ratio of 1.36 and a beta of 1.15.
Insider Transactions at Ryanair
In other news, insider Darrell Thomas Hughes sold 8,197 shares of Ryanair stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $213,203.97. Following the sale, the insider directly owned 37,362 shares in the company, valued at approximately $971,785.62. This trade represents a 17.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Jason Paul Mcguinness sold 9,999 shares of Ryanair stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $27.56, for a total value of $275,572.44. Following the completion of the sale, the insider owned 14,305 shares in the company, valued at approximately $394,245.80. This represents a 41.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 111,607 shares of company stock worth $2,918,397.
Analyst Upgrades and Downgrades
Several research firms have weighed in on RYAAY. Evercore raised Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price target on the stock in a report on Thursday, March 12th. Weiss Ratings cut Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a report on Tuesday, May 19th. Erste Group Bank cut Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Finally, Citigroup reissued a “buy” rating on shares of Ryanair in a report on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Ryanair has a consensus rating of “Moderate Buy” and an average target price of $77.67.
Check Out Our Latest Report on Ryanair
Ryanair Profile
Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.
The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.
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