Rothschild & Co Wealth Management UK Ltd boosted its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 20.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,178,480 shares of the transportation company’s stock after buying an additional 202,240 shares during the quarter. Ryanair accounts for approximately 1.9% of Rothschild & Co Wealth Management UK Ltd’s investment portfolio, making the stock its 13th largest position. Rothschild & Co Wealth Management UK Ltd’s holdings in Ryanair were worth $78,228,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Pacer Advisors Inc. increased its stake in 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 purchasing an additional 180 shares during the period. NumerixS Investment Technologies Inc purchased a new position in shares of Ryanair during the second quarter worth approximately $90,000. Westwood Holdings Group Inc. purchased a new position in shares of Ryanair during the second quarter worth approximately $114,000. Quest Capital Management Inc. ADV purchased a new position in Ryanair during the 3rd quarter worth $123,000. Finally, Tower Research Capital LLC TRC purchased a new stake in shares of Ryanair in the 2nd quarter worth $137,000. 43.53% of the stock is owned by institutional investors.
Shares of RYAAY stock traded down $0.41 during trading hours on Tuesday, reaching $82.25. 111,538 shares of the company’s stock were exchanged, compared to its average volume of 373,785. Ryanair Holdings plc has a fifty-two week low of $55.75 and a fifty-two week high of $87.06. The stock’s 50 day moving average is $79.92 and its 200-day moving average is $67.76. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.64. The company has a market cap of $18.75 billion, a price-to-earnings ratio of 16.00 and a beta of 0.86.
Several analysts recently weighed in on RYAAY shares. Societe Generale downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Morgan Stanley began coverage on shares of Ryanair in a research note on Wednesday, September 18th. They set an “underweight” rating on the stock. Goldman Sachs Group assumed coverage on Ryanair in a report on Tuesday, November 19th. They set a “buy” rating for the company. TheStreet upgraded Ryanair from a “c+” rating to a “b-” rating in a report on Wednesday, November 27th. Finally, BNP Paribas lowered Ryanair from a “neutral” rating to an “underperform” rating in a research note on Thursday, November 14th. Five research analysts have rated the stock with a sell rating, five have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The stock presently 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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