Orion Portfolio Solutions LLC Sells 1,171 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Orion Portfolio Solutions LLC reduced its stake in Ryanair Holdings plc (NASDAQ:RYAAY) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 55,058 shares of the transportation company’s stock after selling 1,171 shares during the period. Orion Portfolio Solutions LLC’s holdings in Ryanair were worth $2,400,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Janus Henderson Group PLC lifted its holdings in Ryanair by 169.7% during the 3rd quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company’s stock valued at $284,893,000 after purchasing an additional 3,967,436 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Ryanair by 145.6% in the third quarter. JPMorgan Chase & Co. now owns 3,779,187 shares of the transportation company’s stock valued at $170,744,000 after acquiring an additional 2,240,230 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Ryanair by 142.2% in the 3rd quarter. Franklin Resources Inc. now owns 1,839,384 shares of the transportation company’s stock worth $81,282,000 after acquiring an additional 1,079,920 shares in the last quarter. Wellington Management Group LLP grew its position in Ryanair by 57.9% during the 3rd quarter. Wellington Management Group LLP now owns 2,673,475 shares of the transportation company’s stock worth $120,788,000 after acquiring an additional 980,095 shares during the last quarter. Finally, Perpetual Ltd increased its holdings in Ryanair by 539.8% during the 4th quarter. Perpetual Ltd now owns 988,490 shares of the transportation company’s stock valued at $43,088,000 after purchasing an additional 833,988 shares in the last quarter. 43.66% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. StockNews.com lowered Ryanair from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, March 27th. Four investment 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 data from MarketBeat.com, Ryanair presently has a consensus rating of “Moderate Buy” and a consensus target price of $151.00.

Ryanair Trading Up 0.7 %

RYAAY stock opened at $42.67 on Wednesday. The business has a fifty day moving average of $46.26 and a 200-day moving average of $49.86. The company has a market cap of $22.76 billion, a P/E ratio of 13.08, a PEG ratio of 2.01 and a beta of 1.46. Ryanair Holdings plc has a twelve month low of $36.96 and a twelve month high of $60.29. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21.

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, beating 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 research analysts expect that Ryanair Holdings plc will post 3.09 EPS for the current year.

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.