Segantii Capital Management Ltd increased its stake in Ryanair Holdings PLC (NASDAQ:RYAAY) by 480.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 261,172 shares of the transportation company’s stock after buying an additional 216,172 shares during the period. Ryanair Holdings PLC accounts for 6.8% of Segantii Capital Management Ltd’s holdings, making the stock its 5th largest position. Segantii Capital Management Ltd’s holdings in Ryanair Holdings PLC were worth $28,254,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of RYAAY. Oregon Public Employees Retirement Fund bought a new position in Ryanair Holdings PLC during the second quarter valued at approximately $108,000. Quantbot Technologies LP bought a new position in Ryanair Holdings PLC during the first quarter valued at approximately $106,000. FNY Partners Fund LP bought a new position in Ryanair Holdings PLC during the first quarter valued at approximately $156,000. PNC Financial Services Group Inc. increased its position in Ryanair Holdings PLC by 5.3% in the first quarter. PNC Financial Services Group Inc. now owns 1,941 shares of the transportation company’s stock valued at $160,000 after buying an additional 98 shares during the period. Finally, Atria Investments LLC bought a new position in Ryanair Holdings PLC during the second quarter valued at approximately $255,000. 38.63% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Ryanair Holdings PLC (RYAAY) opened at 115.84 on Thursday. The company has a market cap of $27.96 billion, a P/E ratio of 16.73 and a beta of 0.61. The company’s 50-day moving average price is $112.39 and its 200 day moving average price is $96.17. Ryanair Holdings PLC has a 52 week low of $67.56 and a 52 week high of $117.21.

Ryanair Holdings PLC (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, July 24th. The transportation company reported $1.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.30. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.02 billion. Ryanair Holdings PLC had a return on equity of 34.02% and a net margin of 21.44%. Equities research analysts anticipate that Ryanair Holdings PLC will post $7.58 earnings per share for the current fiscal year.

Ryanair Holdings PLC declared that its Board of Directors has initiated a share repurchase program on Tuesday, May 30th that allows the company to buyback outstanding shares. This buyback authorization allows the transportation company to reacquire up to 2.3% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

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Several research analysts have recently commented on the company. UBS AG downgraded Ryanair Holdings PLC from a “buy” rating to a “neutral” rating in a research note on Friday, June 2nd. HSBC Holdings plc raised Ryanair Holdings PLC from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th. BidaskClub downgraded Ryanair Holdings PLC from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. ValuEngine raised Ryanair Holdings PLC from a “hold” rating to a “buy” rating in a research note on Tuesday, June 6th. Finally, Goldman Sachs Group, Inc. (The) raised Ryanair Holdings PLC from a “neutral” rating to a “buy” rating and lifted their target price for the company from $67.56 to $109.00 in a research note on Thursday, June 15th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have issued a buy rating to the company’s stock. Ryanair Holdings PLC presently has a consensus rating of “Buy” and an average target price of $100.33.

Ryanair Holdings PLC Company Profile

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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Institutional Ownership by Quarter for Ryanair Holdings PLC (NASDAQ:RYAAY)

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