Ryanair Holdings plc (NASDAQ:RYAAY) Shares Acquired by Paradigm Asset Management Co. LLC

Paradigm Asset Management Co. LLC grew its holdings in Ryanair Holdings plc (NASDAQ:RYAAY) by 87.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 750 shares of the transportation company’s stock after acquiring an additional 350 shares during the period. Paradigm Asset Management Co. LLC’s holdings in Ryanair were worth $34,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Transcendent Capital Group LLC acquired a new position in shares of Ryanair during the first quarter worth $29,000. GAMMA Investing LLC boosted its stake in Ryanair by 261.5% in the third quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 646 shares in the last quarter. Signaturefd LLC boosted its stake in Ryanair by 153.1% in the third quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 539 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in Ryanair by 256.0% in the first quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 215 shares in the last quarter. Finally, Advisors Asset Management Inc. acquired a new position in Ryanair in the first quarter valued at $50,000. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Trading Down 1.9 %

NASDAQ RYAAY opened at $45.47 on Wednesday. The stock has a market capitalization of $24.88 billion, a P/E ratio of 15.16, a P/E/G ratio of 2.67 and a beta of 1.54. Ryanair Holdings plc has a 52-week low of $36.96 and a 52-week high of $60.29. The firm has a 50-day moving average price of $70.28 and a 200 day moving average price of $99.88. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09). Ryanair had a net margin of 11.38% and a return on equity of 19.92%. The company had revenue of $5.57 billion during the quarter, compared to analysts’ expectations of $5.59 billion. During the same period last year, the business posted $2.88 earnings per share. Equities research analysts expect that Ryanair Holdings plc will post 2.97 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have issued reports on RYAAY shares. UBS Group upgraded shares of Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday. Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. StockNews.com raised shares of Ryanair from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. The Goldman Sachs Group raised shares of Ryanair to a “strong-buy” rating in a report on Friday, August 9th. Finally, Citigroup raised shares of Ryanair to a “strong-buy” rating in a report on Friday, August 2nd. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and four have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $154.67.

Ryanair Profile

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.