Carillon Tower Advisers Inc. trimmed its holdings in Ryanair Holdings plc (NASDAQ:RYAAY) by 4.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 186,666 shares of the transportation company’s stock after selling 9,506 shares during the period. Carillon Tower Advisers Inc. owned 0.08% of Ryanair worth $12,391,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the business. Pacer Advisors Inc. lifted its stake in shares of Ryanair by 51.3% in the third quarter. Pacer Advisors Inc. now owns 531 shares of the transportation company’s stock worth $35,000 after buying an additional 180 shares during the last quarter. Manchester Financial Inc. acquired a new stake in shares of Ryanair in the second quarter worth $35,000. NumerixS Investment Technologies Inc acquired a new stake in shares of Ryanair in the second quarter worth $90,000. Westwood Holdings Group Inc. acquired a new stake in shares of Ryanair in the second quarter worth $114,000. Finally, Quest Capital Management Inc. ADV acquired a new stake in shares of Ryanair in the third quarter worth $123,000. 43.53% of the stock is owned by institutional investors.
Shares of RYAAY stock traded up $0.77 during mid-day trading on Wednesday, reaching $83.97. The company’s stock had a trading volume of 227,487 shares, compared to its average volume of 649,817. The firm’s 50-day moving average is $80.33 and its two-hundred day moving average is $67.90. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.27 and a current ratio of 1.27. Ryanair Holdings plc has a 1-year low of $55.75 and a 1-year high of $87.06. The company has a market cap of $18.90 billion, a P/E ratio of 16.34 and a beta of 0.86.
Ryanair (NASDAQ:RYAAY) last posted its earnings results on Monday, November 4th. The transportation company reported $4.51 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $4.00 by $0.51. Ryanair had a net margin of 10.60% and a return on equity of 17.73%. The business had revenue of $3.42 billion for the quarter. Sell-side analysts anticipate that Ryanair Holdings plc will post 4.39 EPS for the current year.
A number of analysts have recently weighed in on the stock. ValuEngine upgraded shares of Ryanair from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Bank of America began coverage on shares of Ryanair in a research note on Monday, September 30th. They set a “buy” rating for the company. Zacks Investment Research upgraded shares of Ryanair from a “hold” rating to a “buy” rating and set a $89.00 target price for the company in a research note on Thursday, November 7th. BNP Paribas cut shares of Ryanair from a “neutral” rating to an “underperform” rating in a research note on Thursday, November 14th. Finally, HSBC upgraded shares of Ryanair from a “reduce” rating to a “hold” rating in a research note on Tuesday, November 5th. Five research analysts have rated the stock with a sell rating, five have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $79.67.
Ryanair Company Profile
Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.
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