Metropolis Capital Ltd lowered its holdings in Ryanair Holdings PLC (NASDAQ:RYAAY – Free Report) by 23.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,563,802 shares of the transportation company’s stock after selling 1,118,032 shares during the quarter. Ryanair comprises about 8.2% of Metropolis Capital Ltd’s investment portfolio, making the stock its 5th largest position. Metropolis Capital Ltd’s holdings in Ryanair were worth $257,271,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in RYAAY. Ascent Group LLC grew its holdings in Ryanair by 31.8% during the 4th quarter. Ascent Group LLC now owns 6,506 shares of the transportation company’s stock worth $470,000 after acquiring an additional 1,569 shares during the last quarter. Red Door Wealth Management LLC bought a new stake in shares of Ryanair during the fourth quarter valued at approximately $203,000. FNY Investment Advisers LLC acquired a new stake in shares of Ryanair in the fourth quarter valued at approximately $72,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of Ryanair in the fourth quarter valued at approximately $521,000. Finally, LVW Advisors LLC raised its position in Ryanair by 2.6% in the 4th quarter. LVW Advisors LLC now owns 6,276 shares of the transportation company’s stock worth $453,000 after purchasing an additional 158 shares during the last quarter. Institutional investors own 43.66% of the company’s stock.
Ryanair Stock Performance
NASDAQ RYAAY opened at $58.74 on Monday. The stock has a 50-day simple moving average of $64.31 and a 200 day simple moving average of $64.98. The company has a market capitalization of $30.74 billion, a PE ratio of 11.80, a P/E/G ratio of 0.49 and a beta of 1.26. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.02. Ryanair Holdings PLC has a 12 month low of $38.52 and a 12 month high of $74.24.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on RYAAY shares. Morgan Stanley reiterated an “overweight” rating on shares of Ryanair in a research report on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ryanair in a research note on Thursday, January 15th. Wall Street Zen cut Ryanair from a “buy” rating to a “hold” rating in a report on Sunday, January 25th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a research report on Thursday, January 8th. Finally, Zacks Research downgraded shares of Ryanair from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $75.67.
View Our Latest Report on Ryanair
Ryanair Company Profile
Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.
The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.
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