Boston Partners grew its holdings in Ryanair Holdings plc (NASDAQ:RYAAY – Free Report) by 3.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 559,231 shares of the transportation company’s stock after purchasing an additional 19,976 shares during the period. Boston Partners owned approximately 0.10% of Ryanair worth $24,378,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also modified their holdings of the business. Charles Schwab Investment Management Inc. acquired a new stake in shares of Ryanair in the third quarter valued at $4,067,000. Primecap Management Co. CA increased its stake in Ryanair by 148.5% during the third quarter. Primecap Management Co. CA now owns 1,068,250 shares of the transportation company’s stock worth $48,264,000 after purchasing an additional 638,350 shares during the period. Stifel Financial Corp lifted its position in shares of Ryanair by 146.8% during the third quarter. Stifel Financial Corp now owns 51,656 shares of the transportation company’s stock worth $2,334,000 after purchasing an additional 30,723 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Ryanair by 171.6% in the third quarter. Geode Capital Management LLC now owns 656,244 shares of the transportation company’s stock valued at $29,649,000 after purchasing an additional 414,595 shares during the period. Finally, Advisors Asset Management Inc. boosted its stake in shares of Ryanair by 182.1% in the third quarter. Advisors Asset Management Inc. now owns 2,217 shares of the transportation company’s stock valued at $100,000 after purchasing an additional 1,431 shares during the period. 43.66% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of Ryanair from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Five analysts have rated the stock with a hold rating, two have issued a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $151.00.
Ryanair Trading Down 0.8 %
NASDAQ RYAAY opened at $46.86 on Friday. Ryanair Holdings plc has a 52 week low of $36.96 and a 52 week high of $60.29. The firm has a 50 day moving average of $45.89 and a two-hundred day moving average of $54.39. The stock has a market capitalization of $24.99 billion, a PE ratio of 14.37, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21.
Ryanair (NASDAQ:RYAAY – Get Free Report) last released its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, beating 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%. As a group, research analysts expect that Ryanair Holdings plc will post 3.09 EPS for the current fiscal year.
About Ryanair
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.
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