Gradient Investments LLC Raises Stake in Ryanair Holdings PLC $RYAAY

Gradient Investments LLC boosted its stake in Ryanair Holdings PLC (NASDAQ:RYAAY) by 54.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,425 shares of the transportation company’s stock after purchasing an additional 7,566 shares during the quarter. Gradient Investments LLC’s holdings in Ryanair were worth $1,290,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in shares of Ryanair by 16.8% in the third quarter. GAMMA Investing LLC now owns 2,317 shares of the transportation company’s stock worth $140,000 after buying an additional 333 shares in the last quarter. Osaic Holdings Inc. increased its holdings in Ryanair by 77.5% during the 2nd quarter. Osaic Holdings Inc. now owns 7,290 shares of the transportation company’s stock worth $420,000 after acquiring an additional 3,182 shares during the period. Headlands Technologies LLC purchased a new stake in Ryanair in the 2nd quarter worth approximately $149,000. Captrust Financial Advisors boosted its holdings in Ryanair by 9.4% in the 2nd quarter. Captrust Financial Advisors now owns 10,210 shares of the transportation company’s stock valued at $589,000 after purchasing an additional 878 shares during the period. Finally, Two Sigma Securities LLC purchased a new position in shares of Ryanair during the 2nd quarter valued at $566,000. 43.66% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

RYAAY has been the topic of a number of recent analyst reports. Wall Street Zen downgraded Ryanair from a “buy” rating to a “hold” rating in a research report on Sunday, November 9th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ryanair in a report on Monday. Morgan Stanley reissued an “overweight” rating on shares of Ryanair in a report on Monday. Royal Bank Of Canada restated an “outperform” rating on shares of Ryanair in a research report on Tuesday, November 4th. Finally, Zacks Research lowered shares of Ryanair from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 22nd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $76.00.

Ryanair Trading Down 0.0%

RYAAY stock opened at $70.52 on Thursday. The company has a market capitalization of $37.07 billion, a PE ratio of 13.56, a price-to-earnings-growth ratio of 0.73 and a beta of 1.26. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.71 and a current ratio of 0.71. Ryanair Holdings PLC has a one year low of $38.52 and a one year high of $71.82. The company’s 50 day moving average price is $64.25 and its two-hundred day moving average price is $61.39.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Monday, November 3rd. The transportation company reported $3.76 EPS for the quarter, beating the consensus estimate of $3.62 by $0.14. The company had revenue of $6.41 billion for the quarter, compared to analyst estimates of $5.44 billion. Ryanair had a net margin of 16.29% and a return on equity of 31.32%. As a group, analysts predict that Ryanair Holdings PLC will post 3.09 earnings per share 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.