Comgest Global Investors S.A.S. Grows Stock Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Comgest Global Investors S.A.S. raised its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 99.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 295,385 shares of the transportation company’s stock after purchasing an additional 146,990 shares during the period. Comgest Global Investors S.A.S.’s holdings in Ryanair were worth $13,345,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Transcendent Capital Group LLC purchased a new position in shares of Ryanair in the first quarter worth about $29,000. Paradigm Asset Management Co. LLC increased its holdings in shares of Ryanair by 87.5% in the third quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock worth $34,000 after buying an additional 350 shares during the period. GAMMA Investing LLC increased its holdings in shares of Ryanair by 261.5% in the third quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock worth $40,000 after buying an additional 646 shares during the period. Signaturefd LLC increased its holdings in shares of Ryanair by 153.1% in the third quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock worth $40,000 after buying an additional 539 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in shares of Ryanair by 256.0% in the first quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company’s stock worth $41,000 after buying an additional 215 shares during the period. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Stock Down 0.5 %

Shares of RYAAY stock traded down $0.21 during midday trading on Friday, reaching $44.87. 1,091,264 shares of the stock were exchanged, compared to its average volume of 1,615,121. Ryanair Holdings plc has a 1 year low of $36.96 and a 1 year high of $60.29. The company’s 50 day moving average is $64.95 and its two-hundred day moving average is $97.80. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22. The firm has a market cap of $24.55 billion, a PE ratio of 14.96, a price-to-earnings-growth ratio of 2.57 and a beta of 1.54.

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

Analyst Upgrades and Downgrades

RYAAY has been the topic of a number of research analyst reports. UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. Sanford C. Bernstein reduced their price target on Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a report on Thursday. Finally, Citigroup upgraded Ryanair to a “strong-buy” rating in a report on Friday, August 2nd. Four investment analysts have rated the stock with a hold rating, three have given a buy rating and four have given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price 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.