Ryanair Holdings plc (NASDAQ:RYAAY) Shares Acquired by Baldwin Investment Management LLC

Baldwin Investment Management LLC boosted its holdings in Ryanair Holdings plc (NASDAQ:RYAAY) by 150.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 21,418 shares of the transportation company’s stock after acquiring an additional 12,851 shares during the period. Baldwin Investment Management LLC’s holdings in Ryanair were worth $968,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Massachusetts Financial Services Co. MA grew its position in shares of Ryanair by 188.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 27,263,436 shares of the transportation company’s stock valued at $1,231,762,000 after purchasing an additional 17,810,361 shares during the period. Baillie Gifford & Co. raised its holdings in Ryanair by 175.7% in the third quarter. Baillie Gifford & Co. now owns 23,548,902 shares of the transportation company’s stock valued at $1,063,939,000 after buying an additional 15,008,023 shares during the period. FMR LLC lifted its position in Ryanair by 35.3% during the third quarter. FMR LLC now owns 8,734,646 shares of the transportation company’s stock valued at $394,631,000 after buying an additional 2,279,679 shares in the last quarter. Metropolis Capital Ltd grew its stake in Ryanair by 177.4% during the third quarter. Metropolis Capital Ltd now owns 4,006,107 shares of the transportation company’s stock worth $180,996,000 after buying an additional 2,562,066 shares during the period. Finally, Trinity Street Asset Management LLP increased its position in shares of Ryanair by 154.4% in the third quarter. Trinity Street Asset Management LLP now owns 3,755,750 shares of the transportation company’s stock worth $169,685,000 after acquiring an additional 2,279,250 shares in the last quarter. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Ryanair Trading Down 1.1 %

NASDAQ:RYAAY opened at $43.32 on Wednesday. The stock has a market cap of $23.57 billion, a price-to-earnings ratio of 14.44, a PEG ratio of 2.52 and a beta of 1.54. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81. Ryanair Holdings plc has a 1 year low of $36.96 and a 1 year high of $60.29. The business has a fifty day moving average of $55.69 and a 200-day moving average of $92.80.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing the consensus estimate of $2.91 by ($0.09). Ryanair had a net margin of 11.38% and a return on equity of 19.92%. The firm had revenue of $5.57 billion during the quarter, compared to analyst estimates of $5.59 billion. During the same quarter last year, the company earned $2.88 EPS. Equities analysts predict that Ryanair Holdings plc will post 2.97 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently commented on RYAAY. Sanford C. Bernstein dropped their target price on Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a report on Thursday, August 29th. StockNews.com upgraded Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. The Goldman Sachs Group upgraded shares of Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. Finally, UBS Group raised shares of Ryanair from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and four have given a strong buy rating to the company. According to data from MarketBeat, Ryanair currently 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.