Wells Fargo & Company MN cut its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 3.3% in the second quarter, Holdings Channel reports. The institutional investor owned 218,179 shares of the transportation company’s stock after selling 7,558 shares during the quarter. Wells Fargo & Company MN’s holdings in Ryanair were worth $23,609,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also modified their holdings of the company. WealthShield Partners LLC lifted its holdings in shares of Ryanair by 638.2% during the second quarter. WealthShield Partners LLC now owns 251 shares of the transportation company’s stock worth $27,000 after buying an additional 217 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of Ryanair during the second quarter worth approximately $46,000. Rockefeller Capital Management L.P. lifted its holdings in shares of Ryanair by 532.2% during the second quarter. Rockefeller Capital Management L.P. now owns 550 shares of the transportation company’s stock worth $58,000 after buying an additional 463 shares during the last quarter. PNC Managed Account Solutions Inc. acquired a new position in shares of Ryanair during the second quarter worth approximately $79,000. Finally, Captrust Financial Advisors lifted its holdings in shares of Ryanair by 47.8% during the first quarter. Captrust Financial Advisors now owns 1,524 shares of the transportation company’s stock worth $175,000 after buying an additional 493 shares during the last quarter. Institutional investors own 43.91% of the company’s stock.
Shares of RYAAY stock opened at $103.80 on Thursday. The stock’s fifty day moving average is $113.69 and its 200-day moving average is $111.20. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.34 and a current ratio of 1.34. The stock has a market capitalization of $23.43 billion, a PE ratio of -29.49 and a beta of 1.56. Ryanair Holdings plc has a 52 week low of $94.68 and a 52 week high of $127.25.
Ryanair Holdings Plc engages in the provision of low fares airline-related services. It provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food, and merchandise.
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