Osborne Partners Capital Management LLC Raises Position in Ryanair Holdings PLC (NASDAQ:RYAAY)

Osborne Partners Capital Management LLC lifted its stake in Ryanair Holdings PLC (NASDAQ:RYAAY) by 0.4% in the first quarter, Holdings Channel.com reports. The firm owned 204,701 shares of the transportation company’s stock after buying an additional 740 shares during the period. Osborne Partners Capital Management LLC’s holdings in Ryanair were worth $8,673,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. National Bank of Canada FI grew its holdings in Ryanair by 198.6% during the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 437 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Ryanair by 32.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company’s stock valued at $42,000 after buying an additional 236 shares during the period. Redwood Park Advisors LLC purchased a new position in shares of Ryanair during the fourth quarter valued at approximately $43,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Ryanair during the first quarter valued at approximately $48,000. Finally, GAMMA Investing LLC raised its holdings in shares of Ryanair by 13.2% in the first quarter. GAMMA Investing LLC now owns 2,278 shares of the transportation company’s stock worth $97,000 after buying an additional 265 shares during the period. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Trading Up 0.4%

Shares of NASDAQ RYAAY opened at $55.27 on Friday. Ryanair Holdings PLC has a twelve month low of $36.96 and a twelve month high of $58.38. The firm has a market cap of $29.36 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 0.99 and a beta of 1.38. The business has a fifty day simple moving average of $51.68 and a two-hundred day simple moving average of $47.30. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.24.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on RYAAY shares. Wall Street Zen cut Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, May 28th. Sanford C. Bernstein reissued an “outperform” rating on shares of Ryanair in a research note on Wednesday, May 21st. Royal Bank Of Canada restated an “outperform” rating on shares of Ryanair in a report on Wednesday, May 21st. Citigroup reaffirmed a “buy” rating on shares of Ryanair in a research note on Wednesday, May 21st. Finally, Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, March 27th. Three investment analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $147.00.

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.