Zions Bancorporation N.A. Buys 11,317 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Zions Bancorporation N.A. raised its stake in Ryanair Holdings plc (NASDAQ:RYAAY) by 63.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 29,137 shares of the transportation company’s stock after purchasing an additional 11,317 shares during the period. Zions Bancorporation N.A.’s holdings in Ryanair were worth $1,270,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of RYAAY. Fox Run Management L.L.C. bought a new position in shares of Ryanair during the fourth quarter worth approximately $922,000. Sei Investments Co. increased its position in Ryanair by 2.4% during the 4th quarter. Sei Investments Co. now owns 1,495,511 shares of the transportation company’s stock worth $65,189,000 after buying an additional 34,426 shares during the period. Quantbot Technologies LP bought a new position in Ryanair during the 4th quarter worth $462,000. Virtu Financial LLC lifted its holdings in shares of Ryanair by 65.8% during the fourth quarter. Virtu Financial LLC now owns 10,083 shares of the transportation company’s stock worth $439,000 after buying an additional 4,003 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Ryanair by 1.7% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 411,634 shares of the transportation company’s stock valued at $17,943,000 after acquiring an additional 6,894 shares during the period. 43.66% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Five equities research analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat.com, Ryanair currently has an average rating of “Moderate Buy” and a consensus price target of $151.00.

Ryanair Price Performance

RYAAY stock opened at $45.52 on Wednesday. The company’s 50-day moving average price is $46.10 and its two-hundred day moving average price is $52.20. The firm has a market cap of $24.28 billion, a P/E ratio of 13.95, a P/E/G ratio of 2.01 and a beta of 1.46. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair Holdings plc has a 12 month low of $36.96 and a 12 month high of $60.29.

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

Ryanair 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.