Teachers Advisors LLC lifted its position in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 91.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,332 shares of the transportation company’s stock after buying an additional 15,400 shares during the quarter. Teachers Advisors LLC’s holdings in Ryanair Holdings PLC were worth $3,479,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oregon Public Employees Retirement Fund purchased a new stake in shares of Ryanair Holdings PLC during the second quarter worth about $108,000. FNY Partners Fund LP purchased a new stake in shares of Ryanair Holdings PLC during the first quarter worth about $156,000. PNC Financial Services Group Inc. grew its holdings in shares of Ryanair Holdings PLC by 5.3% during the first quarter. PNC Financial Services Group Inc. now owns 1,941 shares of the transportation company’s stock worth $160,000 after buying an additional 98 shares in the last quarter. Atria Investments LLC purchased a new stake in shares of Ryanair Holdings PLC during the second quarter worth about $255,000. Finally, Private Advisor Group LLC grew its holdings in shares of Ryanair Holdings PLC by 1.6% during the second quarter. Private Advisor Group LLC now owns 2,461 shares of the transportation company’s stock worth $275,000 after buying an additional 38 shares in the last quarter. Institutional investors and hedge funds own 40.35% of the company’s stock.
Shares of Ryanair Holdings PLC (RYAAY) opened at 107.66 on Monday. The stock has a market capitalization of $25.99 billion, a P/E ratio of 15.28 and a beta of 0.59. The company has a 50-day moving average of $109.57 and a 200-day moving average of $105.77. Ryanair Holdings PLC has a 12-month low of $68.37 and a 12-month high of $122.68.
Ryanair Holdings PLC (NASDAQ:RYAAY) last posted its quarterly earnings results on Monday, July 24th. The transportation company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.30. The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.02 billion. Ryanair Holdings PLC had a net margin of 21.44% and a return on equity of 34.02%. Equities analysts expect that Ryanair Holdings PLC will post $7.20 earnings per share for the current fiscal year.
A number of research firms recently issued reports on RYAAY. Sanford C. Bernstein began coverage on shares of Ryanair Holdings PLC in a report on Monday, June 26th. They issued an “underperform” rating and a $83.00 target price for the company. Zacks Investment Research downgraded shares of Ryanair Holdings PLC from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. BidaskClub downgraded shares of Ryanair Holdings PLC from a “buy” rating to a “hold” rating in a report on Friday, August 25th. HSBC Holdings plc downgraded shares of Ryanair Holdings PLC from a “buy” rating to a “reduce” rating in a report on Thursday, September 14th. Finally, Kepler Capital Markets downgraded shares of Ryanair Holdings PLC from a “hold” rating to a “reduce” rating in a report on Thursday, September 21st. Four investment analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company. Ryanair Holdings PLC has a consensus rating of “Hold” and an average price target of $96.00.
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Ryanair Holdings PLC Company Profile
Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair 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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