Ryanair Holdings plc (NASDAQ:RYAAY) Shares Purchased by W.G. Shaheen & Associates DBA Whitney & Co

W.G. Shaheen & Associates DBA Whitney & Co lifted its holdings in Ryanair Holdings plc (NASDAQ:RYAAY) by 150.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 264,930 shares of the transportation company’s stock after acquiring an additional 159,019 shares during the quarter. Ryanair accounts for 1.3% of W.G. Shaheen & Associates DBA Whitney & Co’s holdings, making the stock its 28th biggest position. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in Ryanair were worth $11,970,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Baillie Gifford & Co. increased its holdings in Ryanair by 175.7% in the third quarter. Baillie Gifford & Co. now owns 23,548,902 shares of the transportation company’s stock valued at $1,063,939,000 after buying an additional 15,008,023 shares in the last quarter. Capital International Investors boosted its position in Ryanair by 34.9% during the first quarter. Capital International Investors now owns 14,422,006 shares of the transportation company’s stock worth $2,099,700,000 after acquiring an additional 3,734,770 shares during the last quarter. Capital World Investors boosted its holdings in Ryanair by 30.0% in the 1st quarter. Capital World Investors now owns 12,085,927 shares of the transportation company’s stock valued at $1,759,590,000 after purchasing an additional 2,791,513 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its holdings in Ryanair by 2.0% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 9,453,075 shares of the transportation company’s stock valued at $1,100,716,000 after purchasing an additional 183,584 shares during the last quarter. Finally, Metropolis Capital Ltd boosted its holdings in Ryanair by 177.4% in the 3rd quarter. Metropolis Capital Ltd now owns 4,006,107 shares of the transportation company’s stock valued at $180,996,000 after purchasing an additional 2,562,066 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Stock Down 0.3 %

Shares of NASDAQ:RYAAY opened at $44.75 on Tuesday. The stock has a market cap of $24.35 billion, a P/E ratio of 14.92, a P/E/G ratio of 2.59 and a beta of 1.54. The firm has a fifty day moving average price of $63.58 and a 200 day moving average price of $96.59. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.81 and a quick ratio of 0.81. Ryanair Holdings plc has a 1-year low of $36.96 and a 1-year high of $60.29.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Monday, November 4th. The transportation company reported $2.82 EPS for the quarter, missing the consensus estimate of $2.91 by ($0.09). Ryanair had a return on equity of 19.92% and a net margin of 11.38%. The firm had revenue of $5.57 billion during the quarter, compared to analyst estimates of $5.59 billion. During the same quarter last year, the business posted $2.88 EPS. Sell-side analysts predict that Ryanair Holdings plc will post 2.97 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on RYAAY. Sanford C. Bernstein decreased their price objective on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. StockNews.com raised shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, November 14th. The Goldman Sachs Group raised shares of Ryanair to a “strong-buy” rating in a research report on Friday, August 9th. Finally, Citigroup upgraded shares of Ryanair to a “strong-buy” rating in a report on Friday, August 2nd. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat.com, Ryanair currently has a consensus rating of “Buy” and an average price target of $154.67.

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.