Scout Investments Inc. Decreases Stake in Ryanair Holdings plc (NASDAQ:RYAAY)

Scout Investments Inc. reduced its stake in Ryanair Holdings plc (NASDAQ:RYAAY) by 2.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 288,178 shares of the transportation company’s stock after selling 8,271 shares during the period. Scout Investments Inc. owned about 0.13% of Ryanair worth $19,129,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in RYAAY. Atria Investments LLC grew its position in shares of Ryanair by 368,237.8% in the 2nd quarter. Atria Investments LLC now owns 11,591,591 shares of the transportation company’s stock worth $11,592,000 after buying an additional 11,588,444 shares during the last quarter. Baillie Gifford & Co. grew its position in shares of Ryanair by 9.0% in the 2nd quarter. Baillie Gifford & Co. now owns 7,198,559 shares of the transportation company’s stock worth $461,715,000 after buying an additional 594,607 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of Ryanair by 25.4% in the 2nd quarter. Janus Henderson Group PLC now owns 2,979,797 shares of the transportation company’s stock worth $191,124,000 after buying an additional 603,738 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec grew its position in shares of Ryanair by 33.2% in the 2nd quarter. Caisse DE Depot ET Placement DU Quebec now owns 2,288,450 shares of the transportation company’s stock worth $146,781,000 after buying an additional 569,880 shares during the last quarter. Finally, Metropolis Capital Ltd grew its position in shares of Ryanair by 19.6% in the 3rd quarter. Metropolis Capital Ltd now owns 1,310,115 shares of the transportation company’s stock worth $86,965,000 after buying an additional 214,419 shares during the last quarter. 49.04% of the stock is currently owned by institutional investors and hedge funds.

RYAAY has been the topic of several research reports. Credit Suisse Group lowered Ryanair from a “neutral” rating to an “underperform” rating in a research report on Tuesday, July 23rd. ValuEngine upgraded Ryanair from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. JPMorgan Chase & Co. lowered Ryanair from a “neutral” rating to an “underweight” rating in a research report on Monday, July 29th. Raymond James dropped their price target on Ryanair from $80.00 to $77.00 and set an “outperform” rating on the stock in a research report on Thursday, July 11th. Finally, Societe Generale lowered Ryanair from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Six investment analysts have rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $75.33.

Ryanair stock traded up $3.51 during mid-day trading on Wednesday, hitting $69.52. The company had a trading volume of 3,658 shares, compared to its average volume of 695,240. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.79. The stock’s 50 day moving average price is $61.56 and its two-hundred day moving average price is $66.81. Ryanair Holdings plc has a 12 month low of $55.75 and a 12 month high of $89.03. The company has a market capitalization of $14.86 billion, a PE ratio of 13.50 and a beta of 0.82.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings results on Monday, July 29th. The transportation company reported $1.20 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.14 by $0.06. Ryanair had a return on equity of 18.39% and a net margin of 10.47%. The firm had revenue of $2.60 billion during the quarter, compared to analysts’ expectations of $2.60 billion. Equities research analysts anticipate that Ryanair Holdings plc will post 4.08 EPS for the current year.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.

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Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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