Pragma Gestao DE Patrimonio Ltd. Has $10.17 Million Stake in Ryanair Holdings plc (NASDAQ:RYAAY)

Pragma Gestao DE Patrimonio Ltd. grew its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 150.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 225,000 shares of the transportation company’s stock after buying an additional 135,000 shares during the quarter. Ryanair makes up about 5.3% of Pragma Gestao DE Patrimonio Ltd.’s investment portfolio, making the stock its 8th biggest position. Pragma Gestao DE Patrimonio Ltd.’s holdings in Ryanair were worth $10,166,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Transcendent Capital Group LLC bought a new stake in shares of Ryanair in the 1st quarter valued at about $29,000. GAMMA Investing LLC boosted its holdings in shares of Ryanair by 261.5% in the third quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock valued at $40,000 after buying an additional 646 shares during the period. Signaturefd LLC increased its position in shares of Ryanair by 153.1% during the third quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock worth $40,000 after acquiring an additional 539 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Ryanair by 256.0% during the first quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company’s stock worth $41,000 after acquiring an additional 215 shares during the period. Finally, Advisors Asset Management Inc. bought a new stake in Ryanair in the 1st quarter valued at $50,000. 43.66% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on RYAAY shares. The Goldman Sachs Group upgraded shares of Ryanair to a “strong-buy” rating in a report on Friday, August 9th. HSBC downgraded Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, July 12th. Sanford C. Bernstein reduced their price target on Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research report on Thursday, August 29th. Citigroup upgraded shares of Ryanair to a “strong-buy” rating in a report on Friday, August 2nd. Finally, Hsbc Global Res raised shares of Ryanair to a “hold” rating in a research report on Friday, July 12th. Five research 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $154.67.

Ryanair Stock Performance

Shares of NASDAQ:RYAAY opened at $45.68 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.81 and a debt-to-equity ratio of 0.22. Ryanair Holdings plc has a 12-month low of $36.96 and a 12-month high of $60.29. The company’s 50 day moving average price is $71.58 and its two-hundred day moving average price is $101.10. The firm has a market cap of $24.99 billion, a PE ratio of 15.23, a PEG ratio of 2.66 and a beta of 1.54.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, November 4th. The transportation company reported $2.82 EPS for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09). The company had revenue of $5.57 billion during the quarter, compared to the consensus estimate of $5.59 billion. Ryanair had a return on equity of 19.92% and a net margin of 11.38%. During the same quarter in the previous year, the business posted $2.88 EPS. Equities research analysts predict that Ryanair Holdings plc will post 2.96 earnings per share for the current 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.