Point72 Asset Management L.P. Purchases Shares of 72,100 Ryanair Holdings plc (NASDAQ:RYAAY)

Point72 Asset Management L.P. purchased a new stake in Ryanair Holdings plc (NASDAQ:RYAAY) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 72,100 shares of the transportation company’s stock, valued at approximately $3,143,000.

Several other institutional investors also recently modified their holdings of the stock. Capital International Investors increased its holdings in shares of Ryanair by 6.1% in the fourth quarter. Capital International Investors now owns 38,800,258 shares of the transportation company’s stock valued at $1,691,536,000 after buying an additional 2,231,153 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in shares of Ryanair by 3.0% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 28,091,455 shares of the transportation company’s stock worth $1,224,507,000 after buying an additional 828,019 shares during the period. Brave Warrior Advisors LLC grew its holdings in shares of Ryanair by 9.8% during the fourth quarter. Brave Warrior Advisors LLC now owns 5,604,258 shares of the transportation company’s stock valued at $244,290,000 after buying an additional 500,239 shares in the last quarter. Metropolis Capital Ltd grew its holdings in shares of Ryanair by 14.7% during the fourth quarter. Metropolis Capital Ltd now owns 4,593,130 shares of the transportation company’s stock valued at $200,215,000 after buying an additional 587,023 shares in the last quarter. Finally, FIL Ltd raised its position in Ryanair by 5.8% during the fourth quarter. FIL Ltd now owns 3,804,773 shares of the transportation company’s stock valued at $165,850,000 after buying an additional 209,424 shares during the period. Institutional investors own 43.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on RYAAY shares. StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, March 27th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $147.00.

Ryanair Price Performance

Shares of NASDAQ:RYAAY opened at $54.09 on Wednesday. The firm has a market cap of $28.77 billion, a price-to-earnings ratio of 16.58, a P/E/G ratio of 2.01 and a beta of 1.37. Ryanair Holdings plc has a 1 year low of $36.96 and a 1 year high of $54.97. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The business has a fifty day simple moving average of $46.34 and a 200 day simple moving average of $45.58.

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.