Signature Estate & Investment Advisors LLC Has $221,000 Stock Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Signature Estate & Investment Advisors LLC boosted its stake in Ryanair Holdings plc (NASDAQ:RYAAY) by 149.4% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 4,898 shares of the transportation company’s stock after buying an additional 2,934 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Ryanair were worth $221,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of RYAAY. CIBC Asset Management Inc grew its holdings in Ryanair by 122.1% in the 3rd quarter. CIBC Asset Management Inc now owns 95,621 shares of the transportation company’s stock valued at $4,320,000 after buying an additional 52,566 shares in the last quarter. OneDigital Investment Advisors LLC grew its stake in shares of Ryanair by 155.7% in the third quarter. OneDigital Investment Advisors LLC now owns 7,105 shares of the transportation company’s stock valued at $321,000 after acquiring an additional 4,326 shares in the last quarter. Zions Bancorporation N.A. increased its position in Ryanair by 265.6% during the third quarter. Zions Bancorporation N.A. now owns 17,820 shares of the transportation company’s stock worth $805,000 after acquiring an additional 12,946 shares during the period. Oppenheimer Asset Management Inc. raised its stake in Ryanair by 702.3% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 45,323 shares of the transportation company’s stock worth $2,048,000 after purchasing an additional 39,674 shares in the last quarter. Finally, Paradigm Asset Management Co. LLC boosted its holdings in Ryanair by 87.5% in the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 350 shares during the period. 43.66% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on RYAAY. Sanford C. Bernstein cut their price target on Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Citigroup raised Ryanair to a “strong-buy” rating in a report on Friday, August 2nd. StockNews.com raised Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday. The Goldman Sachs Group upgraded shares of Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. Finally, UBS Group upgraded shares of Ryanair from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and four have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $154.67.

Ryanair Stock Performance

Shares of Ryanair stock opened at $44.87 on Friday. The company’s 50 day moving average price is $64.95 and its two-hundred day moving average price is $97.54. The firm has a market capitalization of $24.55 billion, a P/E ratio of 14.96, a P/E/G ratio of 2.59 and a beta of 1.54. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $60.29. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.81 and a quick ratio of 0.81.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09). The firm had revenue of $5.57 billion during the quarter, compared to analyst estimates of $5.59 billion. Ryanair had a return on equity of 19.92% and a net margin of 11.38%. During the same period in the previous year, the company earned $2.88 EPS. On average, equities analysts forecast that Ryanair Holdings plc will post 2.97 earnings per share 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.