Cubist Systematic Strategies LLC Acquires 2,718 Shares of Ryanair Holdings PLC (NASDAQ:RYAAY)

Cubist Systematic Strategies LLC increased its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 52.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,892 shares of the transportation company’s stock after purchasing an additional 2,718 shares during the period. Cubist Systematic Strategies LLC’s holdings in Ryanair were worth $832,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Advisors Asset Management Inc. grew its stake in shares of Ryanair by 2.2% during the 2nd quarter. Advisors Asset Management Inc. now owns 10,511 shares of the transportation company’s stock valued at $1,131,000 after buying an additional 222 shares during the period. State of Wisconsin Investment Board grew its stake in shares of Ryanair by 1.3% during the 2nd quarter. State of Wisconsin Investment Board now owns 31,165 shares of the transportation company’s stock valued at $3,354,000 after buying an additional 401 shares during the period. Bank of New York Mellon Corp boosted its position in Ryanair by 448.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 119,156 shares of the transportation company’s stock worth $12,823,000 after purchasing an additional 97,433 shares during the period. Legal & General Group Plc boosted its position in Ryanair by 4.6% during the 2nd quarter. Legal & General Group Plc now owns 68,314 shares of the transportation company’s stock worth $7,349,000 after purchasing an additional 3,000 shares during the period. Finally, Renaissance Group LLC boosted its position in Ryanair by 0.6% during the 2nd quarter. Renaissance Group LLC now owns 169,423 shares of the transportation company’s stock worth $18,232,000 after purchasing an additional 954 shares during the period. Hedge funds and other institutional investors own 40.31% of the company’s stock.

Ryanair Holdings PLC (RYAAY) traded up $2.62 during midday trading on Friday, reaching $115.44. 393,994 shares of the company’s stock traded hands, compared to its average volume of 466,408. Ryanair Holdings PLC has a 1 year low of $78.35 and a 1 year high of $127.35. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.79. The company has a market cap of $22,780.00, a PE ratio of 16.19, a price-to-earnings-growth ratio of 0.91 and a beta of 0.59.

A number of analysts recently weighed in on RYAAY shares. Credit Suisse Group cut shares of Ryanair from an “outperform” rating to a “neutral” rating in a research report on Monday, December 18th. ValuEngine lowered shares of Ryanair from a “buy” rating to a “hold” rating in a report on Friday, December 15th. Zacks Investment Research upgraded shares of Ryanair from a “sell” rating to a “hold” rating in a report on Wednesday, November 29th. BidaskClub lowered shares of Ryanair from a “hold” rating to a “sell” rating in a research note on Wednesday, December 27th. Finally, Citigroup initiated coverage on shares of Ryanair in a research note on Monday, November 20th. They issued a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. Ryanair presently has a consensus rating of “Hold” and an average price target of $96.00.

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About Ryanair

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.

Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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