Ryanair Holdings PLC $RYAAY Shares Sold by UBS Group AG

UBS Group AG lowered its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 19.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 286,248 shares of the transportation company’s stock after selling 69,560 shares during the quarter. UBS Group AG’s holdings in Ryanair were worth $20,664,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capital World Investors raised its holdings in Ryanair by 9.3% in the third quarter. Capital World Investors now owns 30,738,934 shares of the transportation company’s stock valued at $1,851,043,000 after acquiring an additional 2,626,911 shares in the last quarter. Capital International Investors increased its position in shares of Ryanair by 2.7% in the 3rd quarter. Capital International Investors now owns 37,465,187 shares of the transportation company’s stock worth $2,250,932,000 after purchasing an additional 1,002,457 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Ryanair by 658.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 992,245 shares of the transportation company’s stock worth $42,041,000 after purchasing an additional 861,361 shares during the last quarter. Voloridge Investment Management LLC raised its stake in shares of Ryanair by 315.0% in the 3rd quarter. Voloridge Investment Management LLC now owns 655,021 shares of the transportation company’s stock valued at $39,445,000 after purchasing an additional 497,174 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Ryanair by 13.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,176,538 shares of the transportation company’s stock valued at $191,291,000 after purchasing an additional 376,145 shares in the last quarter. Institutional investors own 43.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Weiss Ratings downgraded Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Evercore raised Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 target price on the stock in a report on Thursday, March 12th. Sanford C. Bernstein upgraded Ryanair from a “market perform” rating to an “outperform” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Ryanair in a report on Thursday, January 15th. Finally, Zacks Research cut Ryanair from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $75.67.

Ryanair Price Performance

Shares of RYAAY opened at $56.60 on Tuesday. The company has a market cap of $29.54 billion, a P/E ratio of 11.37, a PEG ratio of 0.71 and a beta of 1.13. The stock has a fifty day moving average price of $60.06 and a 200 day moving average price of $64.87. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.67 and a quick ratio of 0.67. Ryanair Holdings PLC has a 12 month low of $49.40 and a 12 month high of $74.24.

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.