Ryanair Holdings plc (NASDAQ:RYAAY) Shares Bought by New York State Common Retirement Fund

New York State Common Retirement Fund boosted its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 4.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 226,421 shares of the transportation company’s stock after buying an additional 8,611 shares during the quarter. New York State Common Retirement Fund owned 0.10% of Ryanair worth $30,196,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC increased its position in shares of Ryanair by 1,523.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 259 shares during the last quarter. Bruce G. Allen Investments LLC purchased a new stake in shares of Ryanair in the 4th quarter valued at approximately $31,000. Advisors Preferred LLC purchased a new stake in shares of Ryanair in the 4th quarter valued at approximately $31,000. Tucker Asset Management LLC purchased a new stake in shares of Ryanair in the 3rd quarter valued at approximately $39,000. Finally, Cary Street Partners Investment Advisory LLC increased its position in shares of Ryanair by 86.0% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 571 shares of the transportation company’s stock valued at $56,000 after purchasing an additional 264 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

RYAAY has been the topic of a number of recent analyst reports. StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Evercore ISI increased their target price on shares of Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a research report on Thursday, April 4th. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Ryanair currently has an average rating of “Moderate Buy” and an average price target of $158.50.

Ryanair Stock Up 1.2 %

Shares of NASDAQ:RYAAY opened at $140.00 on Friday. The stock has a market cap of $31.92 billion, a P/E ratio of 14.42, a P/E/G ratio of 0.69 and a beta of 1.59. The firm has a fifty day moving average price of $141.62 and a 200 day moving average price of $126.48. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 1.00. Ryanair Holdings plc has a 1-year low of $87.18 and a 1-year high of $150.73.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, January 29th. The transportation company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.28). The business had revenue of $2.91 billion for the quarter, compared to analyst estimates of $2.96 billion. Ryanair had a return on equity of 29.39% and a net margin of 15.64%. Sell-side analysts predict that Ryanair Holdings plc will post 9.21 EPS for the current year.

Ryanair Company Profile

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.