Ryanair Holdings plc (NASDAQ:RYAAY) Shares Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA increased its stake in Ryanair Holdings plc (NASDAQ:RYAAY) by 188.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 27,263,436 shares of the transportation company’s stock after acquiring an additional 17,810,361 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Ryanair were worth $1,231,762,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of RYAAY. Transcendent Capital Group LLC purchased a new position in shares of Ryanair in the 1st quarter valued at $29,000. Paradigm Asset Management Co. LLC raised its position in Ryanair by 87.5% in the third 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. GAMMA Investing LLC grew its stake 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 in the last quarter. Signaturefd LLC lifted its position in Ryanair by 153.1% during the 3rd 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. Finally, EverSource Wealth Advisors LLC raised its stake 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 valued at $41,000 after purchasing an additional 215 shares during the period. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Ryanair Trading Down 2.4 %

NASDAQ:RYAAY opened at $43.94 on Thursday. The firm has a market capitalization of $23.91 billion, a P/E ratio of 14.65, a P/E/G ratio of 2.60 and a beta of 1.54. The business has a 50 day simple moving average of $60.86 and a 200 day simple moving average of $95.56. 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 Holdings plc has a 12-month low of $36.96 and a 12-month high of $60.29.

Ryanair (NASDAQ:RYAAY) last posted its earnings results on Monday, November 4th. The transportation company reported $2.82 EPS for the quarter, missing the consensus estimate of $2.91 by ($0.09). The firm 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 last year, the company posted $2.88 EPS. Equities research analysts predict that Ryanair Holdings plc will post 2.97 EPS for the current year.

Analyst Ratings Changes

RYAAY has been the subject of a number of recent analyst reports. StockNews.com raised shares of Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, November 14th. UBS Group raised Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. The Goldman Sachs Group raised Ryanair to a “strong-buy” rating in a research report on Friday, August 9th. Finally, Citigroup upgraded shares of Ryanair to a “strong-buy” rating in a research note on Friday, August 2nd. Four equities 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $154.67.

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.