Ryanair Holdings PLC $RYAAY Shares Acquired by Bessemer Group Inc.

Bessemer Group Inc. increased its position in Ryanair Holdings PLC (NASDAQ:RYAAYFree Report) by 18.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 141,899 shares of the transportation company’s stock after acquiring an additional 22,419 shares during the period. Bessemer Group Inc.’s holdings in Ryanair were worth $10,245,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Oppenheimer Asset Management Inc. raised its position in shares of Ryanair by 33.4% during the third quarter. Oppenheimer Asset Management Inc. now owns 163,875 shares of the transportation company’s stock worth $9,869,000 after acquiring an additional 41,065 shares during the last quarter. JCIC Asset Management Inc. bought a new position in shares of Ryanair during the third quarter worth about $4,160,000. Capula Management Ltd bought a new position in shares of Ryanair during the third quarter worth about $1,235,000. Assetmark Inc. raised its position in shares of Ryanair by 151.0% during the fourth quarter. Assetmark Inc. now owns 355,617 shares of the transportation company’s stock worth $25,672,000 after acquiring an additional 213,948 shares during the last quarter. Finally, US Bancorp DE raised its position in shares of Ryanair by 10,134.5% during the third quarter. US Bancorp DE now owns 35,002 shares of the transportation company’s stock worth $2,108,000 after acquiring an additional 34,660 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Stock Performance

Shares of Ryanair stock opened at $53.36 on Monday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.67 and a current ratio of 0.67. Ryanair Holdings PLC has a 52 week low of $49.92 and a 52 week high of $74.24. The stock has a 50 day moving average price of $59.22 and a two-hundred day moving average price of $64.69. The stock has a market capitalization of $27.79 billion, a PE ratio of 10.71, a price-to-earnings-growth ratio of 0.66 and a beta of 1.13.

Analyst Ratings Changes

Several research firms recently commented on RYAAY. Erste Group Bank cut Ryanair from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Sanford C. Bernstein raised Ryanair from a “market perform” rating to an “outperform” rating in a research note on Monday, April 13th. Weiss Ratings cut Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Wall Street Zen cut Ryanair from a “buy” rating to a “hold” rating in a research note on Sunday, January 25th. Finally, Evercore raised Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 target price for the company in a research note on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $75.67.

View Our Latest Stock Analysis on Ryanair

About Ryanair

(Free Report)

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.

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Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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