Capital World Investors Grows Stock Position in Ryanair Holdings PLC $RYAAY

Capital World Investors lifted its stake in Ryanair Holdings PLC (NASDAQ:RYAAY) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,051,257 shares of the transportation company’s stock after purchasing an additional 312,323 shares during the period. Capital World Investors owned about 0.06% of Ryanair worth $2,241,612,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. CIBC Private Wealth Group LLC boosted its holdings in Ryanair by 280.6% in the third quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 348 shares during the period. Pin Oak Investment Advisors Inc. boosted its holdings in Ryanair by 76.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock valued at $29,000 after purchasing an additional 209 shares during the period. UMB Bank n.a. boosted its holdings in Ryanair by 1,057.4% in the third quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock valued at $33,000 after purchasing an additional 497 shares during the period. Larson Financial Group LLC boosted its holdings in Ryanair by 64.9% in the fourth quarter. Larson Financial Group LLC now owns 653 shares of the transportation company’s stock valued at $47,000 after purchasing an additional 257 shares during the period. Finally, Wexford Capital LP purchased a new position in Ryanair in the third quarter valued at $55,000. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Ryanair Trading Up 0.0%

Shares of Ryanair stock opened at $56.98 on Friday. The company has a fifty day simple moving average of $58.34 and a 200-day simple moving average of $64.15. Ryanair Holdings PLC has a 12-month low of $53.14 and a 12-month high of $74.24. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.01. The stock has a market cap of $29.67 billion, a price-to-earnings ratio of 12.10, a PEG ratio of 1.38 and a beta of 1.15.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Tuesday, May 19th. The transportation company reported ($0.86) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.95) by $0.09. Ryanair had a net margin of 13.95% and a return on equity of 25.58%. The business had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $3.08 billion. On average, equities analysts forecast that Ryanair Holdings PLC will post 4.51 EPS for the current fiscal year.

Wall Street Analyst Weigh In

RYAAY has been the subject of a number of recent research reports. Sanford C. Bernstein upgraded Ryanair from a “market perform” rating to an “outperform” rating in a report on Monday, April 13th. Weiss Ratings cut Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Citigroup restated a “buy” rating on shares of Ryanair in a research note on Tuesday, May 19th. Evercore upgraded Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price target on the stock in a research note on Thursday, March 12th. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Ryanair in a research note on Tuesday, May 19th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $75.67.

Insider Buying and Selling at Ryanair

In other Ryanair news, CMO Dara Brady sold 8,973 shares of Ryanair stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total transaction of $233,387.73. Following the transaction, the chief marketing officer owned 17,550 shares of the company’s stock, valued at $456,475.50. The trade was a 33.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Darrell Thomas Hughes sold 8,197 shares of Ryanair stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $213,203.97. Following the transaction, the insider directly owned 37,362 shares in the company, valued at approximately $971,785.62. This trade represents a 17.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 111,607 shares of company stock valued at $2,918,397.

Ryanair Company Profile

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.