Russell Investments Group Ltd. Acquires 127,035 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Russell Investments Group Ltd. boosted its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAYGet Rating) by 26.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 610,843 shares of the transportation company’s stock after buying an additional 127,035 shares during the quarter. Russell Investments Group Ltd.’s holdings in Ryanair were worth $35,624,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Rockefeller Capital Management L.P. raised its stake in Ryanair by 34.2% during the third quarter. Rockefeller Capital Management L.P. now owns 691 shares of the transportation company’s stock valued at $39,000 after purchasing an additional 176 shares in the last quarter. Parallel Advisors LLC purchased a new stake in shares of Ryanair in the second quarter valued at $64,000. Ronald Blue Trust Inc. purchased a new stake in shares of Ryanair in the second quarter valued at $90,000. Whittier Trust Co. of Nevada Inc. increased its stake in Ryanair by 656.4% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,770 shares of the transportation company’s stock worth $103,000 after buying an additional 1,536 shares during the period. Finally, Captrust Financial Advisors increased its stake in Ryanair by 25.9% in the 2nd quarter. Captrust Financial Advisors now owns 1,963 shares of the transportation company’s stock worth $132,000 after buying an additional 404 shares during the period. 42.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. StockNews.com raised shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Tuesday, November 15th. Liberum Capital cut shares of Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, October 12th. TheStreet upgraded shares of Ryanair from a “c” rating to a “b-” rating in a report on Tuesday, December 20th. Morgan Stanley assumed coverage on shares of Ryanair in a report on Tuesday, January 10th. They set an “overweight” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Ryanair from €14.50 ($15.76) to €16.00 ($17.39) and gave the stock a “buy” rating in a report on Tuesday, December 13th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Ryanair currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.36.

Ryanair Trading Up 0.4 %

Shares of RYAAY stock opened at $95.10 on Wednesday. The company’s 50-day moving average price is $80.55 and its 200-day moving average price is $73.06. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.46. The stock has a market cap of $21.66 billion, a price-to-earnings ratio of 20.28 and a beta of 1.44. Ryanair Holdings plc has a twelve month low of $55.90 and a twelve month high of $125.75.

Ryanair (NASDAQ:RYAAYGet Rating) last announced its quarterly earnings results on Monday, November 7th. The transportation company reported $5.32 earnings per share for the quarter, missing the consensus estimate of $5.43 by ($0.11). The firm had revenue of $4.05 billion for the quarter, compared to analyst estimates of $4.02 billion. Ryanair had a net margin of 10.85% and a return on equity of 16.66%. As a group, equities analysts predict that Ryanair Holdings plc will post 5.63 earnings per share for the current year.

Ryanair Company Profile

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Ryanair Holdings Plc engages in the provision of low fares airline-related services. It provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food, and merchandise.

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Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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