Ryanair Holdings PLC (RYAAY) Position Increased by Financial Counselors Inc.

Financial Counselors Inc. raised its stake in Ryanair Holdings PLC (NASDAQ:RYAAY) by 4.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,120 shares of the transportation company’s stock after purchasing an additional 240 shares during the period. Financial Counselors Inc.’s holdings in Ryanair Holdings PLC were worth $551,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of RYAAY. Janney Montgomery Scott LLC boosted its holdings in Ryanair Holdings PLC by 36.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 4,476 shares of the transportation company’s stock valued at $371,000 after purchasing an additional 1,203 shares during the period. Great West Life Assurance Co. Can bought a new stake in Ryanair Holdings PLC in the 1st quarter valued at $2,057,000. Advisors Asset Management Inc. boosted its holdings in Ryanair Holdings PLC by 2.8% in the 1st quarter. Advisors Asset Management Inc. now owns 10,289 shares of the transportation company’s stock valued at $854,000 after purchasing an additional 279 shares during the period. UBS Asset Management Americas Inc. boosted its holdings in Ryanair Holdings PLC by 21.4% in the 1st quarter. UBS Asset Management Americas Inc. now owns 1,178,231 shares of the transportation company’s stock valued at $97,770,000 after purchasing an additional 207,777 shares during the period. Finally, Karp Capital Management Corp bought a new stake in Ryanair Holdings PLC in the 1st quarter valued at $4,028,000. 40.13% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have recently issued reports on RYAAY shares. ValuEngine cut shares of Ryanair Holdings PLC from a “buy” rating to a “hold” rating in a research note on Wednesday, May 24th. Citigroup Inc. cut shares of Ryanair Holdings PLC from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 31st. UBS AG cut shares of Ryanair Holdings PLC from a “buy” rating to a “neutral” rating in a research note on Friday, June 2nd. Goldman Sachs Group, Inc. (The) upgraded shares of Ryanair Holdings PLC from a “neutral” rating to a “buy” rating and increased their price objective for the company from $67.56 to $109.00 in a research note on Thursday, June 15th. Finally, Sanford C. Bernstein started coverage on shares of Ryanair Holdings PLC in a research note on Monday, June 26th. They issued an “underperform” rating and a $83.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $100.33.

Shares of Ryanair Holdings PLC (RYAAY) opened at 116.67 on Wednesday. Ryanair Holdings PLC has a 12 month low of $67.56 and a 12 month high of $122.68.

Ryanair Holdings PLC (NASDAQ:RYAAY) last posted its quarterly earnings data on Monday, July 24th. The transportation company reported $1.78 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.48 by $0.30. Ryanair Holdings PLC had a net margin of 21.44% and a return on equity of 34.02%. The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.02 billion. On average, equities analysts anticipate that Ryanair Holdings PLC will post $7.58 EPS for the current year.

Ryanair Holdings PLC announced that its board has authorized a stock buyback program on Tuesday, May 30th that permits the company to buyback shares. This buyback authorization permits the transportation company to buy up to 2.3% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.

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About Ryanair Holdings PLC

Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.

Institutional Ownership by Quarter for Ryanair Holdings PLC (NASDAQ:RYAAY)

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