AIA Group Ltd Increases Position in Ryanair Holdings plc (NASDAQ:RYAAY)

AIA Group Ltd raised its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 22.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,246 shares of the transportation company’s stock after buying an additional 3,105 shares during the period. AIA Group Ltd’s holdings in Ryanair were worth $2,300,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of RYAAY. Baillie Gifford & Co. increased its stake in Ryanair by 14.6% during the 4th quarter. Baillie Gifford & Co. now owns 9,389,236 shares of the transportation company’s stock worth $1,252,149,000 after buying an additional 1,197,812 shares during the period. William Blair Investment Management LLC increased its stake in Ryanair by 207.5% during the 3rd quarter. William Blair Investment Management LLC now owns 958,965 shares of the transportation company’s stock worth $93,196,000 after buying an additional 647,093 shares during the period. Lazard Asset Management LLC increased its stake in Ryanair by 11.8% during the 1st quarter. Lazard Asset Management LLC now owns 5,787,913 shares of the transportation company’s stock worth $504,242,000 after buying an additional 612,114 shares during the period. Metropolis Capital Ltd increased its stake in Ryanair by 376.6% during the 4th quarter. Metropolis Capital Ltd now owns 561,211 shares of the transportation company’s stock worth $74,843,000 after buying an additional 443,458 shares during the period. Finally, Royal Bank of Canada increased its stake in Ryanair by 27.5% during the 1st quarter. Royal Bank of Canada now owns 2,038,087 shares of the transportation company’s stock worth $177,557,000 after buying an additional 439,740 shares during the period. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Trading Up 2.2 %

Shares of NASDAQ:RYAAY opened at $138.38 on Friday. Ryanair Holdings plc has a 52 week low of $87.18 and a 52 week high of $150.73. The company’s 50 day moving average is $141.51 and its two-hundred day moving average is $124.98. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.32. The company has a market cap of $31.55 billion, a PE ratio of 13.94, a P/E/G ratio of 0.69 and a beta of 1.59.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, January 29th. The transportation company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.28). Ryanair had a net margin of 15.64% and a return on equity of 29.39%. The firm had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.96 billion. Equities analysts predict that Ryanair Holdings plc will post 9.22 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on RYAAY. StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Evercore ISI upped their target price on shares of Ryanair from $145.00 to $155.00 and gave the stock an “in-line” rating in a research note on Thursday, April 4th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target 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.