Holowesko Partners Ltd. Sells 297,999 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Holowesko Partners Ltd. cut its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 52.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 270,500 shares of the transportation company’s stock after selling 297,999 shares during the period. Ryanair comprises approximately 5.4% of Holowesko Partners Ltd.’s investment portfolio, making the stock its 9th biggest holding. Holowesko Partners Ltd. owned approximately 0.05% of Ryanair worth $11,791,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in RYAAY. EverSource Wealth Advisors LLC grew its stake 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 worth $42,000 after purchasing an additional 236 shares during the period. Wilmington Savings Fund Society FSB boosted its holdings in Ryanair by 8.3% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 3,369 shares of the transportation company’s stock worth $147,000 after buying an additional 259 shares in the last quarter. Schechter Investment Advisors LLC grew its position in Ryanair by 2.3% during the fourth quarter. Schechter Investment Advisors LLC now owns 11,584 shares of the transportation company’s stock valued at $505,000 after buying an additional 261 shares during the period. Pacer Advisors Inc. increased its holdings in Ryanair by 14.1% in the fourth quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company’s stock valued at $95,000 after buying an additional 268 shares in the last quarter. Finally, Gallacher Capital Management LLC raised its position in shares of Ryanair by 3.5% in the fourth quarter. Gallacher Capital Management LLC now owns 10,822 shares of the transportation company’s stock worth $472,000 after acquiring an additional 364 shares during the period. 43.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft upgraded Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday. StockNews.com lowered Ryanair from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and three have given a strong buy rating to the stock. Based on data from MarketBeat.com, Ryanair presently has an average rating of “Moderate Buy” and a consensus target price of $151.00.

Ryanair Trading Down 4.0 %

RYAAY stock opened at $43.42 on Friday. The business’s 50-day moving average is $46.27 and its 200 day moving average is $51.19. Ryanair Holdings plc has a 12-month low of $36.96 and a 12-month high of $60.29. The stock has a market cap of $23.16 billion, a price-to-earnings ratio of 13.31, a PEG ratio of 2.01 and a beta of 1.46. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. On average, sell-side analysts anticipate that Ryanair Holdings plc will post 3.09 EPS for the current fiscal year.

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.