Russell Investments Group Ltd. Has $47.90 Million Stake in Ryanair Holdings plc (NASDAQ:RYAAY)

Russell Investments Group Ltd. raised its stake in Ryanair Holdings plc (NASDAQ:RYAAY) by 4.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,097,790 shares of the transportation company’s stock after purchasing an additional 43,114 shares during the quarter. Russell Investments Group Ltd.’s holdings in Ryanair were worth $47,904,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its holdings in Ryanair by 32.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company’s stock worth $42,000 after purchasing an additional 236 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its stake in shares of Ryanair by 8.3% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,369 shares of the transportation company’s stock worth $147,000 after buying an additional 259 shares during the last quarter. Schechter Investment Advisors LLC grew its holdings in shares of Ryanair by 2.3% in the fourth quarter. Schechter Investment Advisors LLC now owns 11,584 shares of the transportation company’s stock valued at $505,000 after acquiring an additional 261 shares in the last quarter. Pacer Advisors Inc. increased its position in shares of Ryanair by 14.1% during the fourth quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company’s stock valued at $95,000 after acquiring an additional 268 shares during the last quarter. Finally, Gallacher Capital Management LLC lifted its holdings in Ryanair by 3.5% during the fourth quarter. Gallacher Capital Management LLC now owns 10,822 shares of the transportation company’s stock worth $472,000 after acquiring an additional 364 shares during the period. Institutional investors own 43.66% of the company’s stock.

Ryanair Stock Down 4.3 %

Shares of NASDAQ RYAAY opened at $40.10 on Monday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market capitalization of $21.39 billion, a PE ratio of 12.29, a P/E/G ratio of 2.01 and a beta of 1.41. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $60.29. The business’s fifty day moving average price is $46.05 and its 200-day moving average price is $48.42.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. On average, equities research analysts anticipate that Ryanair Holdings plc will post 3.09 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on RYAAY. Deutsche Bank Aktiengesellschaft raised Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, March 27th. StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Three analysts have rated the stock with a hold rating, three have given a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $147.00.

Ryanair Company 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.