Two Sigma Investments LP grew its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 480.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 282,840 shares of the transportation company’s stock after acquiring an additional 234,100 shares during the quarter. Two Sigma Investments LP owned 0.12% of Ryanair worth $29,469,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Capital International Investors raised its stake in shares of Ryanair by 0.3% during the third quarter. Capital International Investors now owns 4,450,328 shares of the transportation company’s stock worth $469,154,000 after acquiring an additional 12,553 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Ryanair by 625.2% during the fourth quarter. Bank of Montreal Can now owns 350,215 shares of the transportation company’s stock worth $36,489,000 after acquiring an additional 301,925 shares in the last quarter. Capital Bank & Trust Co raised its stake in shares of Ryanair by 33.3% during the third quarter. Capital Bank & Trust Co now owns 297,171 shares of the transportation company’s stock worth $31,328,000 after acquiring an additional 74,268 shares in the last quarter. AXA purchased a new position in shares of Ryanair during the third quarter worth approximately $35,271,000. Finally, Comgest Global Investors S.A.S. raised its stake in shares of Ryanair by 5.9% during the fourth quarter. Comgest Global Investors S.A.S. now owns 39,400 shares of the transportation company’s stock worth $4,105,000 after acquiring an additional 2,200 shares in the last quarter. 42.35% of the stock is currently owned by hedge funds and other institutional investors.
Several research analysts have commented on RYAAY shares. Zacks Investment Research raised shares of Ryanair from a “hold” rating to a “buy” rating and set a $137.00 price target on the stock in a research note on Thursday, March 29th. BidaskClub downgraded shares of Ryanair from a “strong-buy” rating to a “buy” rating in a research note on Thursday, March 1st. Sanford C. Bernstein upgraded shares of Ryanair from an “underperform” rating to a “market perform” rating in a report on Monday, January 8th. ValuEngine cut shares of Ryanair from a “buy” rating to a “hold” rating in a report on Friday, December 15th. Finally, Credit Suisse Group cut shares of Ryanair from an “outperform” rating to a “neutral” rating in a report on Monday, December 18th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $109.67.
Shares of Ryanair stock opened at $122.26 on Friday. The company has a market capitalization of $28,972.99, a PE ratio of 21.30, a PEG ratio of 0.85 and a beta of 0.64. Ryanair Holdings plc has a 52-week low of $84.75 and a 52-week high of $127.61. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.77.
Ryanair (NASDAQ:RYAAY) last released its quarterly earnings results on Monday, February 5th. The transportation company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.02. The business had revenue of $1.65 billion for the quarter, compared to analysts’ expectations of $1.68 billion. Ryanair had a net margin of 20.99% and a return on equity of 32.17%. analysts predict that Ryanair Holdings plc will post 7.29 EPS for the current year.
Ryanair announced that its board has authorized a stock repurchase plan on Monday, February 5th that authorizes the company to repurchase outstanding shares. This repurchase authorization authorizes the transportation company to buy shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.
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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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