Transcendent Capital Group LLC Invests $29,000 in Ryanair Holdings plc (NASDAQ:RYAAY)

Transcendent Capital Group LLC purchased a new position in Ryanair Holdings plc (NASDAQ:RYAAY) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 200 shares of the transportation company’s stock, valued at approximately $29,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Advisors Preferred LLC bought a new position in shares of Ryanair during the 4th quarter valued at $31,000. GAMMA Investing LLC grew its holdings in shares of Ryanair by 44.9% during the 1st quarter. GAMMA Investing LLC now owns 242 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 75 shares during the last quarter. Principal Securities Inc. bought a new position in shares of Ryanair during the 4th quarter valued at $41,000. Advisors Asset Management Inc. bought a new position in shares of Ryanair during the 1st quarter valued at $50,000. Finally, Mather Group LLC. bought a new position in shares of Ryanair during the 1st quarter valued at $90,000. Institutional investors own 43.66% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on RYAAY. Hsbc Global Res raised shares of Ryanair to a “hold” rating in a report on Friday, July 12th. Evercore ISI increased their price target on shares of Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a research report on Thursday, April 4th. HSBC cut shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, July 12th. Deutsche Bank Aktiengesellschaft cut shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, May 24th. Finally, Barclays cut shares of Ryanair from an “overweight” rating to an “equal weight” rating in a research report on Friday, June 21st. Seven investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $158.50.

Ryanair Trading Down 2.7 %

Shares of NASDAQ:RYAAY traded down $2.73 on Monday, hitting $99.69. The company had a trading volume of 1,311,065 shares, compared to its average volume of 625,732. The firm’s 50-day simple moving average is $117.15 and its two-hundred day simple moving average is $130.37. Ryanair Holdings plc has a 1 year low of $87.18 and a 1 year high of $150.73. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $22.51 billion, a price-to-earnings ratio of 11.23, a P/E/G ratio of 1.17 and a beta of 1.55.

Ryanair (NASDAQ:RYAAY) last posted its earnings results on Monday, May 20th. The transportation company reported ($1.31) EPS for the quarter, topping the consensus estimate of ($1.32) by $0.01. Ryanair had a net margin of 12.07% and a return on equity of 20.43%. The firm had revenue of $2.36 billion during the quarter, compared to analysts’ expectations of $2.33 billion. Equities analysts anticipate that Ryanair Holdings plc will post 9.15 earnings per share for the current fiscal year.

Ryanair 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.