Tudor Investment Corp ET AL bought a new position in Ryanair Holdings PLC (NASDAQ:RYAAY – Free Report) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 10,628 shares of the transportation company’s stock, valued at approximately $640,000.
A number of other large investors have also added to or reduced their stakes in the stock. USA Financial Formulas bought a new stake in Ryanair during the 3rd quarter valued at about $26,000. CIBC Private Wealth Group LLC lifted its stake in shares of Ryanair by 280.6% in the third quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock worth $28,000 after buying an additional 348 shares in the last quarter. Pin Oak Investment Advisors Inc. lifted its stake in shares of Ryanair by 76.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock worth $29,000 after buying an additional 209 shares in the last quarter. UMB Bank n.a. grew its holdings in shares of Ryanair by 1,057.4% during the third quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock valued at $33,000 after buying an additional 497 shares during the last quarter. Finally, Global Retirement Partners LLC increased its position in shares of Ryanair by 68.1% during the third quarter. Global Retirement Partners LLC now owns 684 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 277 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.
Analysts Set New Price Targets
RYAAY has been the subject of a number of recent analyst reports. Sanford C. Bernstein upgraded shares of Ryanair from a “market perform” rating to an “outperform” rating in a report on Monday. Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a report on Thursday, January 8th. Evercore upgraded Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price target for the company in a research note on Thursday, March 12th. Morgan Stanley reaffirmed an “overweight” rating on shares of Ryanair in a report on Tuesday, January 27th. Finally, Wall Street Zen cut Ryanair from a “buy” rating to a “hold” rating in a research report on Sunday, January 25th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Ryanair has an average rating of “Moderate Buy” and a consensus price target of $75.67.
Ryanair Stock Down 0.9%
Shares of Ryanair stock opened at $61.97 on Thursday. Ryanair Holdings PLC has a twelve month low of $44.51 and a twelve month high of $74.24. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.02. The company’s 50 day moving average is $62.97 and its 200 day moving average is $65.21. The company has a market cap of $32.35 billion, a price-to-earnings ratio of 12.44, a price-to-earnings-growth ratio of 0.59 and a beta of 1.26.
Ryanair (NASDAQ:RYAAY – Get Free Report) last posted its earnings results on Monday, January 26th. The transportation company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.08. The business had revenue of $3.77 billion during the quarter, compared to the consensus estimate of $3.16 billion. Ryanair had a net margin of 15.04% and a return on equity of 29.76%. Research analysts anticipate that Ryanair Holdings PLC will post 3.09 EPS for the current year.
About Ryanair
Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.
The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.
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