Ryanair Holdings PLC (NASDAQ:RYAAY) Shares Sold by Rhumbline Advisers

Rhumbline Advisers reduced its position in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 8.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 4,016 shares of the transportation company’s stock after selling 386 shares during the quarter. Rhumbline Advisers’ holdings in Ryanair were worth $170,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in RYAAY. GAMMA Investing LLC grew its stake in shares of Ryanair by 4,694.8% in the first quarter. GAMMA Investing LLC now owns 96,519 shares of the transportation company’s stock worth $4,090,000 after purchasing an additional 94,506 shares in the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Ryanair by 350.6% in the 4th quarter. Public Employees Retirement System of Ohio now owns 58,269 shares of the transportation company’s stock valued at $2,540,000 after purchasing an additional 45,337 shares during the period. Vise Technologies Inc. acquired a new position in shares of Ryanair in the 4th quarter valued at $258,000. Arrowpoint Investment Partners Singapore Pte. Ltd. purchased a new stake in Ryanair in the 4th quarter worth about $669,000. Finally, Waverly Advisors LLC purchased a new stake in Ryanair in the 4th quarter worth about $204,000. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Price Performance

Ryanair stock opened at $56.22 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.74 and a quick ratio of 0.74. The company has a market capitalization of $29.87 billion, a PE ratio of 17.59, a price-to-earnings-growth ratio of 1.02 and a beta of 1.38. Ryanair Holdings PLC has a one year low of $36.96 and a one year high of $58.38. The business has a 50 day simple moving average of $52.57 and a 200 day simple moving average of $47.58.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on RYAAY shares. Citigroup reaffirmed a “buy” rating on shares of Ryanair in a research note on Wednesday, May 21st. Wall Street Zen downgraded Ryanair from a “buy” rating to a “hold” rating in a research note on Wednesday, May 28th. Deutsche Bank Aktiengesellschaft raised Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, March 27th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a research note on Wednesday, May 21st. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Ryanair in a research note on Wednesday, May 21st. Three research analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $147.00.

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.