Ryanair Holdings plc (NASDAQ:RYAAY) Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC grew its position in Ryanair Holdings plc (NASDAQ:RYAAY) by 6.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,782 shares of the transportation company’s stock after acquiring an additional 394 shares during the quarter. NewEdge Advisors LLC’s holdings in Ryanair were worth $296,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of RYAAY. National Bank of Canada FI raised its stake in Ryanair by 198.6% during the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company’s stock valued at $29,000 after acquiring an additional 437 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Ryanair by 32.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 236 shares during the period. R Squared Ltd purchased a new stake in shares of Ryanair during the fourth quarter worth approximately $42,000. Redwood Park Advisors LLC acquired a new stake in shares of Ryanair during the fourth quarter worth $43,000. Finally, Pinnacle Bancorp Inc. grew its position in Ryanair by 150.0% in the 4th quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock valued at $47,000 after buying an additional 645 shares during the last quarter. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Stock Performance

NASDAQ:RYAAY opened at $47.86 on Thursday. The firm’s fifty day simple moving average is $45.41 and its 200-day simple moving average is $45.02. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. The stock has a market cap of $25.46 billion, a PE ratio of 14.67, a price-to-earnings-growth ratio of 2.01 and a beta of 1.41. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $56.76.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. Analysts expect that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, March 27th. StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “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.