Natixis Advisors LLC lifted its stake in Ryanair Holdings PLC (NASDAQ:RYAAY – Free Report) by 7.1% in the 4th quarter, HoldingsChannel reports. The firm owned 926,291 shares of the transportation company’s stock after acquiring an additional 61,440 shares during the period. Natixis Advisors LLC’s holdings in Ryanair were worth $66,869,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. LVW Advisors LLC increased its stake in shares of Ryanair by 2.6% in the 4th quarter. LVW Advisors LLC now owns 6,276 shares of the transportation company’s stock worth $453,000 after purchasing an additional 158 shares in the last quarter. One Wealth Advisors LLC increased its stake in shares of Ryanair by 3.1% in the 4th quarter. One Wealth Advisors LLC now owns 6,225 shares of the transportation company’s stock worth $449,000 after purchasing an additional 185 shares in the last quarter. AdvisorShares Investments LLC increased its stake in shares of Ryanair by 1.1% in the 4th quarter. AdvisorShares Investments LLC now owns 18,145 shares of the transportation company’s stock worth $1,310,000 after purchasing an additional 201 shares in the last quarter. Pin Oak Investment Advisors Inc. increased its stake in shares of Ryanair by 76.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock worth $29,000 after purchasing an additional 209 shares in the last quarter. Finally, Benjamin Edwards Inc. increased its stake in shares of Ryanair by 3.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 5,834 shares of the transportation company’s stock worth $336,000 after purchasing an additional 217 shares in the last quarter. 43.66% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Ryanair news, insider Jason Paul Mcguinness sold 9,999 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $27.56, for a total value of $275,572.44. Following the completion of the sale, the insider owned 14,305 shares in the company, valued at approximately $394,245.80. This represents a 41.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Darrell Thomas Hughes sold 8,197 shares of the stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $213,203.97. Following the completion of the sale, the insider owned 37,362 shares of the company’s stock, valued at $971,785.62. The trade was a 17.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 111,607 shares of company stock worth $2,918,397 in the last three months.
Analysts Set New Price Targets
View Our Latest Stock Report on Ryanair
Ryanair Trading Down 1.1%
Shares of RYAAY stock opened at $58.72 on Wednesday. Ryanair Holdings PLC has a 52-week low of $53.14 and a 52-week high of $74.24. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.90 and a current ratio of 0.90. The firm has a market capitalization of $30.58 billion, a PE ratio of 12.47, a PEG ratio of 1.43 and a beta of 1.15. The stock has a fifty day simple moving average of $58.51 and a two-hundred day simple moving average of $64.34.
Ryanair (NASDAQ:RYAAY – Get Free Report) last issued its quarterly earnings results on Tuesday, May 19th. The transportation company reported ($0.86) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.95) by $0.09. Ryanair had a return on equity of 25.58% and a net margin of 13.95%.The business had revenue of $2.70 billion during the quarter, compared to analyst estimates of $3.08 billion. On average, analysts predict that Ryanair Holdings PLC will post 4.51 EPS for the current fiscal year.
About Ryanair
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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