Hyperion Capital Advisors LP raised its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY – Free Report) by 150.0% in the third quarter, Holdings Channel.com reports. The fund owned 71,375 shares of the transportation company’s stock after acquiring an additional 42,825 shares during the quarter. Ryanair makes up approximately 1.5% of Hyperion Capital Advisors LP’s portfolio, making the stock its 15th biggest holding. Hyperion Capital Advisors LP’s holdings in Ryanair were worth $3,225,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also made changes to their positions in RYAAY. 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 valued at $34,000 after purchasing an additional 350 shares during the last quarter. 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 valued at $40,000 after purchasing an additional 646 shares during the last quarter. 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 valued at $40,000 after purchasing an additional 539 shares during the last quarter. 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 valued at $41,000 after purchasing an additional 215 shares during the last quarter. Finally, Ridgewood Investments LLC acquired a new stake in shares of Ryanair in the second quarter valued at approximately $50,000. Institutional investors and hedge funds own 43.66% of the company’s stock.
Analyst Ratings Changes
RYAAY has been the subject of several recent research reports. StockNews.com raised Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, November 14th. UBS Group raised Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Barclays raised Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. Sanford C. Bernstein cut their target price on Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Finally, The Goldman Sachs Group raised Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat.com, Ryanair presently has a consensus rating of “Buy” and a consensus target price of $154.67.
Ryanair Trading Up 1.2 %
RYAAY opened at $43.86 on Thursday. Ryanair Holdings plc has a 52 week low of $36.96 and a 52 week high of $60.29. The business has a fifty day simple moving average of $54.36 and a 200-day simple moving average of $92.45. The firm has a market cap of $23.87 billion, a P/E ratio of 14.62, a P/E/G ratio of 2.52 and a beta of 1.54. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22.
Ryanair (NASDAQ:RYAAY – Get Free Report) last released its quarterly earnings results 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 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 in the prior year, the business earned $2.88 earnings per share. On average, equities analysts expect that Ryanair Holdings plc will post 2.97 earnings per share for the current 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.
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