Ryanair Holdings plc (NASDAQ:RYAAY) Shares Sold by Holowesko Partners Ltd.

Holowesko Partners Ltd. lessened its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 52.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 270,500 shares of the transportation company’s stock after selling 297,999 shares during the period. Ryanair accounts for approximately 5.4% of Holowesko Partners Ltd.’s portfolio, making the stock its 9th biggest position. Holowesko Partners Ltd.’s holdings in Ryanair were worth $11,791,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC lifted its position in Ryanair by 35.3% in the third quarter. FMR LLC now owns 8,734,646 shares of the transportation company’s stock valued at $394,631,000 after buying an additional 2,279,679 shares during the last quarter. Janus Henderson Group PLC boosted its position in shares of Ryanair by 169.7% during the 3rd quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company’s stock worth $284,893,000 after purchasing an additional 3,967,436 shares during the period. Metropolis Capital Ltd raised its position in Ryanair by 14.7% in the fourth quarter. Metropolis Capital Ltd now owns 4,593,130 shares of the transportation company’s stock valued at $200,215,000 after purchasing an additional 587,023 shares during the period. Trinity Street Asset Management LLP raised its position in Ryanair by 6.0% in the fourth quarter. Trinity Street Asset Management LLP now owns 3,980,848 shares of the transportation company’s stock valued at $173,525,000 after purchasing an additional 225,098 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in Ryanair by 145.6% during the third quarter. JPMorgan Chase & Co. now owns 3,779,187 shares of the transportation company’s stock worth $170,744,000 after purchasing an additional 2,240,230 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. StockNews.com downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft upgraded Ryanair from a “hold” rating to a “buy” rating in a report on Thursday. Four investment analysts have rated the stock with a hold rating, three have issued a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, Ryanair currently has an average rating of “Moderate Buy” and an average price target of $151.00.

Ryanair Price Performance

Ryanair stock opened at $43.42 on Friday. The stock has a market cap of $23.16 billion, a P/E ratio of 13.31, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. The company has a fifty day simple moving average of $46.27 and a 200-day simple moving average of $51.19. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair Holdings plc has a 12-month low of $36.96 and a 12-month high of $60.29.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Equities analysts expect that Ryanair Holdings plc will post 3.09 EPS for the current fiscal year.

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.