Sei Investments Co. Acquires 34,426 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Sei Investments Co. boosted its holdings in Ryanair Holdings plc (NASDAQ:RYAAY) by 2.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,495,511 shares of the transportation company’s stock after acquiring an additional 34,426 shares during the period. Sei Investments Co.’s holdings in Ryanair were worth $65,189,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. bought a new position in Ryanair in the third quarter valued at approximately $4,067,000. Stifel Financial Corp increased its stake in shares of Ryanair by 146.8% in the 3rd quarter. Stifel Financial Corp now owns 51,656 shares of the transportation company’s stock valued at $2,334,000 after purchasing an additional 30,723 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Ryanair by 171.6% in the 3rd quarter. Geode Capital Management LLC now owns 656,244 shares of the transportation company’s stock valued at $29,649,000 after purchasing an additional 414,595 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Ryanair by 182.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,217 shares of the transportation company’s stock worth $100,000 after buying an additional 1,431 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Ryanair by 145.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,779,187 shares of the transportation company’s stock worth $170,744,000 after buying an additional 2,240,230 shares during the last quarter. Institutional investors own 43.66% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $151.00.

Ryanair Stock Performance

RYAAY stock opened at $46.18 on Monday. The firm has a market cap of $24.63 billion, a PE ratio of 14.16, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The stock has a 50-day moving average price of $45.96 and a 200-day moving average price of $53.14. Ryanair Holdings plc has a 1-year low of $36.96 and a 1-year high of $60.29.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. As a group, equities research analysts expect that Ryanair Holdings plc will post 3.09 earnings per share 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.