Nilsine Partners LLC Decreases Stock Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Nilsine Partners LLC lessened its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 7.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,746 shares of the transportation company’s stock after selling 145 shares during the period. Nilsine Partners LLC’s holdings in Ryanair were worth $254,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of RYAAY. Capital World Investors raised its holdings in Ryanair by 90.8% during the 4th quarter. Capital World Investors now owns 9,294,414 shares of the transportation company’s stock valued at $1,239,503,000 after buying an additional 4,424,400 shares during the period. Baillie Gifford & Co. increased its stake in Ryanair by 14.6% in the fourth quarter. Baillie Gifford & Co. now owns 9,389,236 shares of the transportation company’s stock worth $1,252,149,000 after purchasing an additional 1,197,812 shares during the period. William Blair Investment Management LLC increased its stake in Ryanair by 207.5% in the third quarter. William Blair Investment Management LLC now owns 958,965 shares of the transportation company’s stock worth $93,196,000 after purchasing an additional 647,093 shares during the period. Metropolis Capital Ltd increased its stake in Ryanair by 93.0% in the first quarter. Metropolis Capital Ltd now owns 1,083,124 shares of the transportation company’s stock worth $157,692,000 after purchasing an additional 521,913 shares during the period. Finally, Invesco Ltd. increased its stake in Ryanair by 99.0% in the third quarter. Invesco Ltd. now owns 793,982 shares of the transportation company’s stock worth $77,183,000 after purchasing an additional 394,990 shares during the period. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Analyst Upgrades and Downgrades

RYAAY has been the topic of a number of recent analyst reports. StockNews.com lowered Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Evercore ISI raised their price target on Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a research note on Thursday, April 4th. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, Ryanair has a consensus rating of “Moderate Buy” and a consensus price target of $158.50.

Ryanair Stock Down 2.6 %

NASDAQ RYAAY traded down $3.66 during trading on Tuesday, hitting $136.20. The company’s stock had a trading volume of 246,348 shares, compared to its average volume of 499,123. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market cap of $31.05 billion, a PE ratio of 14.03, a P/E/G ratio of 0.71 and a beta of 1.59. The business’s 50 day simple moving average is $141.60 and its 200-day simple moving average is $127.83. Ryanair Holdings plc has a fifty-two week low of $87.18 and a fifty-two week high of $150.73.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, January 29th. The transportation company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.28). The business had revenue of $2.91 billion during the quarter, compared to analyst estimates of $2.96 billion. Ryanair had a return on equity of 29.39% and a net margin of 15.64%. On average, equities analysts anticipate that Ryanair Holdings plc will post 9.06 EPS for the current fiscal year.

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.