Signature Estate & Investment Advisors LLC Acquires 797 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Signature Estate & Investment Advisors LLC increased its holdings in Ryanair Holdings plc (NASDAQ:RYAAY) by 16.3% during the fourth quarter, Holdings Channel reports. The firm owned 5,695 shares of the transportation company’s stock after acquiring an additional 797 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Ryanair were worth $248,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. purchased a new position in shares of Ryanair during the third quarter valued at about $4,067,000. Stifel Financial Corp grew its holdings in Ryanair by 146.8% during the 3rd quarter. Stifel Financial Corp now owns 51,656 shares of the transportation company’s stock valued at $2,334,000 after buying an additional 30,723 shares in the last quarter. Geode Capital Management LLC grew its holdings in Ryanair by 171.6% during the 3rd quarter. Geode Capital Management LLC now owns 656,244 shares of the transportation company’s stock valued at $29,649,000 after buying an additional 414,595 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Ryanair by 182.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,217 shares of the transportation company’s stock worth $100,000 after acquiring an additional 1,431 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Ryanair by 145.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,779,187 shares of the transportation company’s stock worth $170,744,000 after acquiring an additional 2,240,230 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on RYAAY. StockNews.com cut shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Ryanair presently has a consensus rating of “Moderate Buy” and an average target price of $151.00.

Ryanair Stock Performance

NASDAQ:RYAAY opened at $45.25 on Friday. The firm has a market capitalization of $24.13 billion, a PE ratio of 13.87, a PEG ratio of 2.01 and a beta of 1.46. The stock’s fifty day moving average is $46.24 and its 200 day moving average is $52.10. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $60.29. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86.

Ryanair (NASDAQ:RYAAY) last announced its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. On average, sell-side analysts anticipate that Ryanair Holdings plc will post 3.09 earnings per share for the current year.

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.