Comerica Bank decreased its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 7.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,975 shares of the transportation company’s stock after selling 1,156 shares during the quarter. Comerica Bank’s holdings in Ryanair Holdings PLC were worth $1,558,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Janus Capital Management LLC lifted its holdings in Ryanair Holdings PLC by 6.3% during the 1st quarter. Janus Capital Management LLC now owns 3,297,367 shares of the transportation company’s stock valued at $273,610,000 after buying an additional 195,986 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Ryanair Holdings PLC by 32.9% during the 1st quarter. JPMorgan Chase & Co. now owns 1,661,275 shares of the transportation company’s stock valued at $137,853,000 after buying an additional 411,479 shares in the last quarter. BlackRock Inc. lifted its holdings in Ryanair Holdings PLC by 2,988.0% during the 1st quarter. BlackRock Inc. now owns 1,306,028 shares of the transportation company’s stock valued at $108,374,000 after buying an additional 1,263,734 shares in the last quarter. William Blair Investment Management LLC lifted its holdings in Ryanair Holdings PLC by 5.8% during the 1st quarter. William Blair Investment Management LLC now owns 1,215,551 shares of the transportation company’s stock valued at $100,866,000 after buying an additional 66,872 shares in the last quarter. Finally, UBS Asset Management Americas Inc. lifted its holdings in Ryanair Holdings PLC by 21.4% during the 1st quarter. UBS Asset Management Americas Inc. now owns 1,178,231 shares of the transportation company’s stock valued at $97,770,000 after buying an additional 207,777 shares in the last quarter. Institutional investors own 40.13% of the company’s stock.

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RYAAY has been the subject of a number of research analyst reports. BidaskClub lowered shares of Ryanair Holdings PLC from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Goldman Sachs Group, Inc. (The) upgraded shares of Ryanair Holdings PLC from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $67.56 to $109.00 in a report on Thursday, June 15th. HSBC Holdings plc upgraded shares of Ryanair Holdings PLC from a “hold” rating to a “buy” rating in a report on Tuesday, July 25th. ValuEngine lowered shares of Ryanair Holdings PLC from a “buy” rating to a “hold” rating in a report on Wednesday, May 24th. Finally, Citigroup Inc. lowered shares of Ryanair Holdings PLC from a “buy” rating to a “neutral” rating in a report on Wednesday, May 31st. Two analysts have rated the stock with a sell rating, four have given a hold rating and ten have given a buy rating to the stock. Ryanair Holdings PLC has a consensus rating of “Buy” and a consensus target price of $100.33.

Ryanair Holdings PLC (RYAAY) opened at 116.67 on Wednesday. Ryanair Holdings PLC has a 52-week low of $67.56 and a 52-week high of $122.68. The firm’s 50-day moving average is $115.32 and its 200-day moving average is $101.38. The stock has a market cap of $28.16 billion, a P/E ratio of 16.99 and a beta of 0.61.

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 the Thomson Reuters’ consensus estimate of $1.48 by $0.30. The business had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.02 billion. Ryanair Holdings PLC had a net margin of 21.44% and a return on equity of 34.02%. Equities research analysts predict that Ryanair Holdings PLC will post $7.58 earnings per share for the current year.

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

Ryanair Holdings PLC 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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