Lansdowne Partners UK LLP Purchases 66,181 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Lansdowne Partners UK LLP lifted its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 29.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 291,053 shares of the transportation company’s stock after purchasing an additional 66,181 shares during the quarter. Ryanair accounts for about 0.9% of Lansdowne Partners UK LLP’s holdings, making the stock its 12th largest position. Lansdowne Partners UK LLP’s holdings in Ryanair were worth $12,687,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. purchased a new position in Ryanair during the third quarter worth about $4,067,000. Stifel Financial Corp raised its position in Ryanair by 146.8% during the third quarter. Stifel Financial Corp now owns 51,656 shares of the transportation company’s stock valued at $2,334,000 after purchasing an additional 30,723 shares in the last quarter. Geode Capital Management LLC lifted its stake in Ryanair by 171.6% during the third quarter. Geode Capital Management LLC now owns 656,244 shares of the transportation company’s stock worth $29,649,000 after purchasing an additional 414,595 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Ryanair by 145.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,779,187 shares of the transportation company’s stock worth $170,744,000 after purchasing an additional 2,240,230 shares in the last quarter. Finally, Sanctuary Advisors LLC increased its position in shares of Ryanair by 171.6% during the 3rd quarter. Sanctuary Advisors LLC now owns 41,708 shares of the transportation company’s stock valued at $1,793,000 after purchasing an additional 26,349 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, March 27th. StockNews.com lowered Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $147.00.

Ryanair Price Performance

Shares of NASDAQ:RYAAY opened at $44.15 on Friday. Ryanair Holdings plc has a twelve month low of $36.96 and a twelve month high of $57.48. The stock has a market capitalization of $23.55 billion, a PE ratio of 13.53, a price-to-earnings-growth ratio of 2.01 and a beta of 1.41. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. The firm’s 50 day moving average price is $45.33 and its 200-day moving average price is $45.81.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, beating 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%. Equities research analysts expect that Ryanair Holdings plc will post 3.09 EPS for the current year.

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.