Boston Partners Trims Position in Ryanair Holdings PLC $RYAAY

Boston Partners decreased its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 9.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 423,449 shares of the transportation company’s stock after selling 44,809 shares during the quarter. Boston Partners owned approximately 0.08% of Ryanair worth $24,420,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in RYAAY. Vise Technologies Inc. purchased a new position in shares of Ryanair during the second quarter worth approximately $573,000. Profund Advisors LLC grew its stake in Ryanair by 3.6% in the second quarter. Profund Advisors LLC now owns 11,012 shares of the transportation company’s stock worth $635,000 after purchasing an additional 380 shares in the last quarter. Acadian Asset Management LLC purchased a new position in shares of Ryanair during the second quarter valued at $11,219,000. Parkside Financial Bank & Trust grew its holdings in Ryanair by 250.9% during the 2nd quarter. Parkside Financial Bank & Trust now owns 593 shares of the transportation company’s stock worth $34,000 after acquiring an additional 424 shares in the last quarter. Finally, AGF Management Ltd. increased its position in Ryanair by 18.7% during the 2nd quarter. AGF Management Ltd. now owns 21,537 shares of the transportation company’s stock valued at $1,242,000 after purchasing an additional 3,400 shares during the period. 43.66% of the stock is owned by hedge funds and other institutional investors.

Ryanair Trading Down 0.5%

NASDAQ RYAAY opened at $64.61 on Friday. The stock has a market cap of $34.12 billion, a P/E ratio of 15.17, a P/E/G ratio of 0.66 and a beta of 1.39. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02. The company has a fifty day simple moving average of $60.54 and a two-hundred day simple moving average of $58.92. Ryanair Holdings PLC has a 12-month low of $38.52 and a 12-month high of $67.18.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings results on Monday, November 3rd. The transportation company reported $3.76 earnings per share for the quarter, beating the consensus estimate of $3.62 by $0.14. Ryanair had a return on equity of 27.91% and a net margin of 14.42%.The business had revenue of $6.32 billion for the quarter, compared to the consensus estimate of $5.44 billion. On average, analysts forecast that Ryanair Holdings PLC will post 3.09 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Zacks Research cut shares of Ryanair from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 22nd. Wall Street Zen downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a research report on Tuesday, November 4th. Morgan Stanley assumed coverage on Ryanair in a research note on Wednesday, October 15th. They issued an “overweight” rating on the stock. 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. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Ryanair has a consensus rating of “Moderate Buy” and an average price target of $76.00.

Ryanair 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.