Ryanair Holdings PLC $RYAAY Position Lowered by Capital Group Private Client Services Inc.

Capital Group Private Client Services Inc. decreased its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 5.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 254,058 shares of the transportation company’s stock after selling 13,657 shares during the period. Capital Group Private Client Services Inc.’s holdings in Ryanair were worth $18,340,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. CIBC Private Wealth Group LLC lifted its position in shares of Ryanair by 280.6% during the third quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock worth $28,000 after purchasing an additional 348 shares during the last quarter. Pin Oak Investment Advisors Inc. lifted its holdings in Ryanair by 76.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock worth $29,000 after acquiring an additional 209 shares during the last quarter. UMB Bank n.a. lifted its holdings in Ryanair by 1,057.4% in the third quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock worth $33,000 after acquiring an additional 497 shares during the last quarter. Larson Financial Group LLC lifted its holdings in Ryanair by 64.9% in the fourth quarter. Larson Financial Group LLC now owns 653 shares of the transportation company’s stock worth $47,000 after acquiring an additional 257 shares during the last quarter. Finally, Wexford Capital LP bought a new position in Ryanair in the third quarter worth about $55,000. Institutional investors own 43.66% of the company’s stock.

Insider Buying and Selling

In related news, insider David Patrick Dpo O’brien sold 8,080 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total transaction of $210,160.80. Following the transaction, the insider owned 73,183 shares in the company, valued at $1,903,489.83. This trade represents a 9.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CMO Dara Brady sold 8,973 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total transaction of $233,387.73. Following the transaction, the chief marketing officer owned 17,550 shares in the company, valued at $456,475.50. This represents a 33.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 111,607 shares of company stock valued at $2,918,397 in the last ninety days.

Ryanair Price Performance

Shares of NASDAQ:RYAAY opened at $56.98 on Friday. The firm’s 50 day moving average is $58.34 and its two-hundred day moving average is $64.15. Ryanair Holdings PLC has a 52 week low of $53.14 and a 52 week high of $74.24. The firm has a market capitalization of $29.67 billion, a P/E ratio of 12.10, a PEG ratio of 1.38 and a beta of 1.15. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.01.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings results on Tuesday, May 19th. The transportation company reported ($0.86) EPS for the quarter, beating the consensus estimate of ($0.95) by $0.09. Ryanair had a net margin of 13.95% and a return on equity of 25.58%. The company had revenue of $2.70 billion for the quarter, compared to analyst estimates of $3.08 billion. Analysts anticipate that Ryanair Holdings PLC will post 4.51 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have issued reports on RYAAY shares. Zacks Research cut shares of Ryanair from a “hold” rating to a “strong sell” rating in a report on Thursday, April 30th. Sanford C. Bernstein raised shares of Ryanair from a “market perform” rating to an “outperform” rating in a report on Monday, April 13th. Erste Group Bank cut shares of Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Royal Bank Of Canada reissued an “outperform” rating on shares of Ryanair in a report on Tuesday, May 19th. Finally, Citigroup reissued a “buy” rating on shares of Ryanair in a report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $75.67.

About Ryanair

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.