Virtu Financial LLC Invests $913,000 in Ryanair Holdings plc (NASDAQ:RYAAY)

Virtu Financial LLC acquired a new stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 6,843 shares of the transportation company’s stock, valued at approximately $913,000.

Several other institutional investors and hedge funds also recently made changes to their positions in RYAAY. Barclays PLC grew its holdings in shares of Ryanair by 308.6% during the third quarter. Barclays PLC now owns 2,840 shares of the transportation company’s stock worth $276,000 after purchasing an additional 2,145 shares during the last quarter. State Board of Administration of Florida Retirement System bought a new position in Ryanair in the 3rd quarter worth approximately $1,893,000. QRG Capital Management Inc. acquired a new position in Ryanair during the 3rd quarter worth $3,393,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Ryanair in the 3rd quarter valued at $546,000. Finally, Envestnet Asset Management Inc. raised its position in shares of Ryanair by 13.4% during the third quarter. Envestnet Asset Management Inc. now owns 217,530 shares of the transportation company’s stock worth $21,146,000 after acquiring an additional 25,637 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Stock Down 0.8 %

NASDAQ:RYAAY traded down $1.00 on Friday, hitting $117.47. 464,585 shares of the company’s stock were exchanged, compared to its average volume of 663,437. The firm has a 50-day moving average price of $130.85 and a 200-day moving average price of $133.21. Ryanair Holdings plc has a 52 week low of $87.18 and a 52 week high of $150.73. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market cap of $26.78 billion, a P/E ratio of 12.88, a price-to-earnings-growth ratio of 0.92 and a beta of 1.52.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Monday, May 20th. The transportation company reported ($1.31) earnings per share for the quarter, beating the consensus estimate of ($1.32) by $0.01. Ryanair had a net margin of 14.30% and a return on equity of 25.59%. The business had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.33 billion. As a group, analysts expect that Ryanair Holdings plc will post 11.4 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on RYAAY. Evercore ISI increased their price objective on shares of Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a report on Thursday, April 4th. Deutsche Bank Aktiengesellschaft cut shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, May 24th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $158.50.

Ryanair 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.