Dynamic Technology Lab Private Ltd Invests $501,000 in Ryanair Holdings plc (NASDAQ:RYAAY)

Dynamic Technology Lab Private Ltd bought a new stake in Ryanair Holdings plc (NASDAQ:RYAAY) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 11,484 shares of the transportation company’s stock, valued at approximately $501,000.

Several other hedge funds have also bought and sold shares of the company. National Bank of Canada FI boosted its position in Ryanair by 198.6% during the fourth quarter. National Bank of Canada FI now owns 657 shares of the transportation company’s stock worth $29,000 after purchasing an additional 437 shares during the period. EverSource Wealth Advisors LLC lifted 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 buying an additional 236 shares during the last quarter. R Squared Ltd bought a new stake in shares of Ryanair during the 4th quarter worth about $42,000. Pinnacle Bancorp Inc. boosted its holdings in shares of Ryanair by 150.0% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock worth $47,000 after buying an additional 645 shares during the period. Finally, TD Private Client Wealth LLC raised its holdings in Ryanair by 148.6% in the 3rd quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company’s stock valued at $54,000 after acquiring an additional 709 shares during the period. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Ryanair Stock Performance

NASDAQ:RYAAY opened at $39.66 on Wednesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $59.86. The company has a market cap of $21.15 billion, a price-to-earnings ratio of 12.16, a PEG ratio of 2.01 and a beta of 1.41. The stock has a fifty day moving average price of $45.61 and a 200-day moving average price of $47.31.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. As a group, equities analysts anticipate that Ryanair Holdings plc will post 3.09 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have commented on RYAAY shares. Deutsche Bank Aktiengesellschaft raised Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, March 27th. StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Three equities research analysts have rated the stock with a hold rating, three have issued a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $147.00.

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.