PEAK6 Investments LLC Acquires 58,122 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

PEAK6 Investments LLC lifted its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 1,453.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 62,122 shares of the transportation company’s stock after acquiring an additional 58,122 shares during the quarter. PEAK6 Investments LLC’s holdings in Ryanair were worth $2,807,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Massachusetts Financial Services Co. MA grew its stake in Ryanair by 188.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 27,263,436 shares of the transportation company’s stock worth $1,231,762,000 after purchasing an additional 17,810,361 shares during the period. Baillie Gifford & Co. grew its stake in Ryanair by 175.7% in the third quarter. Baillie Gifford & Co. now owns 23,548,902 shares of the transportation company’s stock worth $1,063,939,000 after purchasing an additional 15,008,023 shares during the period. FMR LLC grew its stake in Ryanair by 35.3% in the third quarter. FMR LLC now owns 8,734,646 shares of the transportation company’s stock worth $394,631,000 after purchasing an additional 2,279,679 shares during the period. Metropolis Capital Ltd grew its stake in Ryanair by 177.4% in the third quarter. Metropolis Capital Ltd now owns 4,006,107 shares of the transportation company’s stock worth $180,996,000 after purchasing an additional 2,562,066 shares during the period. Finally, Trinity Street Asset Management LLP grew its stake in Ryanair by 154.4% in the third quarter. Trinity Street Asset Management LLP now owns 3,755,750 shares of the transportation company’s stock worth $169,685,000 after purchasing an additional 2,279,250 shares during the period. Institutional investors own 43.66% of the company’s stock.

Ryanair Trading Up 0.4 %

Ryanair stock opened at $44.04 on Monday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.81 and a quick ratio of 0.81. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $60.29. The stock has a market capitalization of $23.96 billion, a PE ratio of 14.68, a price-to-earnings-growth ratio of 2.54 and a beta of 1.54. The business’s fifty day moving average is $51.54 and its 200 day moving average is $91.01.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Monday, November 4th. The transportation company reported $2.82 EPS for the quarter, missing the consensus estimate of $2.91 by ($0.09). Ryanair had a net margin of 11.38% and a return on equity of 19.92%. The business had revenue of $5.57 billion for the quarter, compared to analysts’ expectations of $5.59 billion. During the same period last year, the business earned $2.88 earnings per share. On average, sell-side analysts predict that Ryanair Holdings plc will post 2.97 EPS for the current year.

Analysts Set New Price Targets

RYAAY has been the topic of a number of recent research reports. UBS Group raised Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. Barclays raised Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. The Goldman Sachs Group raised Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. StockNews.com raised Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. Finally, Sanford C. Bernstein cut their target price on Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and four have assigned a strong buy rating to the company. According to MarketBeat, Ryanair has an average rating of “Buy” and a consensus price target of $154.67.

Ryanair Company 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.