Headlands Technologies LLC Takes $126,000 Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Headlands Technologies LLC purchased a new position in shares of Ryanair Holdings plc (NASDAQ:RYAAY) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,889 shares of the transportation company’s stock, valued at approximately $126,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. National Bank of Canada FI lifted its position in shares of Ryanair by 198.6% during the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company’s stock valued at $29,000 after buying an additional 437 shares in the last quarter. R Squared Ltd acquired a new position in Ryanair during the fourth quarter worth $42,000. EverSource Wealth Advisors LLC lifted its holdings in Ryanair by 32.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 236 shares in the last quarter. Pinnacle Bancorp Inc. grew its position in shares of Ryanair by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock valued at $47,000 after purchasing an additional 645 shares during the period. Finally, TD Private Client Wealth LLC increased its stake in shares of Ryanair by 148.6% during the third quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company’s stock worth $54,000 after purchasing an additional 709 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Stock Down 4.3 %

RYAAY stock opened at $40.10 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The firm has a 50-day moving average of $46.05 and a two-hundred day moving average of $48.86. Ryanair Holdings plc has a 12 month low of $36.96 and a 12 month high of $60.29. The company has a market cap of $21.39 billion, a price-to-earnings ratio of 12.29, a PEG ratio of 2.01 and a beta of 1.41.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. As a group, analysts forecast that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

RYAAY has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, March 27th. StockNews.com lowered Ryanair from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $147.00.

About Ryanair

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.