Deltroit Asset Management UK LLP Takes Position in Ryanair Holdings PLC $RYAAY

Deltroit Asset Management UK LLP bought a new stake in Ryanair Holdings PLC (NASDAQ:RYAAY) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 100,299 shares of the transportation company’s stock, valued at approximately $7,241,000. Ryanair accounts for about 1.1% of Deltroit Asset Management UK LLP’s investment portfolio, making the stock its 20th biggest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. CIBC Private Wealth Group LLC boosted its stake in shares of Ryanair by 280.6% in the third quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 348 shares during the period. Pin Oak Investment Advisors Inc. raised its holdings in Ryanair by 76.0% in the third 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. UMB Bank n.a. raised its holdings in Ryanair by 1,057.4% in the third quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock valued at $33,000 after acquiring an additional 497 shares in the last quarter. Larson Financial Group LLC raised its holdings in Ryanair by 64.9% in the fourth 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. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Ryanair by 88.2% in the fourth 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. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Ryanair Stock Up 0.0%

RYAAY stock opened at $56.98 on Friday. 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 fifty day moving average price of $58.34 and a two-hundred day moving average price of $64.15. The firm has a market cap of $29.67 billion, a price-to-earnings ratio of 12.10, a PEG ratio of 1.38 and a beta of 1.15.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Tuesday, May 19th. The transportation company reported ($0.86) earnings per share for the quarter, beating the consensus estimate of ($0.95) by $0.09. Ryanair had a net margin of 13.95% and a return on equity of 25.58%. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $3.08 billion. Research analysts predict that Ryanair Holdings PLC will post 4.51 EPS for the current year.

Insider Activity

In other Ryanair news, insider Carol Marie Sharkey sold 6,999 shares of the business’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total transaction of $182,043.99. Following the completion of the sale, the insider owned 14,136 shares in the company, valued at $367,677.36. The trade was a 33.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $27.56, for a total transaction of $275,572.44. Following the sale, the insider owned 14,305 shares of the company’s stock, valued at approximately $394,245.80. The trade was a 41.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 111,607 shares of company stock valued at $2,918,397 over the last quarter.

Wall Street Analyst Weigh In

Several research firms recently issued reports on RYAAY. Sanford C. Bernstein raised shares of Ryanair from a “market perform” rating to an “outperform” rating in a report on Monday, April 13th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a report on Tuesday, May 19th. Weiss Ratings cut shares of Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Erste Group Bank cut shares of Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Finally, Evercore raised shares of 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. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Ryanair has a consensus rating of “Moderate Buy” and an average price target of $75.67.

Ryanair Company 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.