Ryanair Holdings plc (NASDAQ:RYAAY) Shares Bought by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA raised its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 3.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 28,091,455 shares of the transportation company’s stock after buying an additional 828,019 shares during the quarter. Massachusetts Financial Services Co. MA owned about 0.05% of Ryanair worth $1,224,507,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Janus Henderson Group PLC grew its holdings in Ryanair by 169.7% during the third quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company’s stock worth $284,893,000 after acquiring an additional 3,967,436 shares during the period. Metropolis Capital Ltd boosted its position in Ryanair by 14.7% in the 4th quarter. Metropolis Capital Ltd now owns 4,593,130 shares of the transportation company’s stock worth $200,215,000 after purchasing an additional 587,023 shares in the last quarter. Trinity Street Asset Management LLP grew its stake in shares of Ryanair by 6.0% during the 4th quarter. Trinity Street Asset Management LLP now owns 3,980,848 shares of the transportation company’s stock worth $173,525,000 after purchasing an additional 225,098 shares during the period. JPMorgan Chase & Co. increased 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 valued at $170,744,000 after purchasing an additional 2,240,230 shares in the last quarter. Finally, Wellington Management Group LLP lifted its stake in shares of Ryanair by 21.8% in the 4th quarter. Wellington Management Group LLP now owns 3,257,174 shares of the transportation company’s stock valued at $141,980,000 after purchasing an additional 583,699 shares during the period. 43.66% of the stock is owned by hedge funds and other institutional investors.

Ryanair Price Performance

Ryanair stock opened at $42.67 on Wednesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. The company’s fifty day moving average price is $46.26 and its 200 day moving average price is $49.86. The stock has a market capitalization of $22.76 billion, a P/E ratio of 13.08, a P/E/G ratio of 2.01 and a beta of 1.46. Ryanair Holdings plc has a 1 year low of $36.96 and a 1 year high of $60.29.

Ryanair (NASDAQ:RYAAY) last announced its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) 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%. As a group, equities research analysts anticipate that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently commented on RYAAY. StockNews.com lowered shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Deutsche Bank Aktiengesellschaft upgraded Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, March 27th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, Ryanair has a consensus rating of “Moderate Buy” and an average price target of $151.00.

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.