Mather Group LLC. Makes New $90,000 Investment in Ryanair Holdings plc (NASDAQ:RYAAY)

Mather Group LLC. purchased a new position in Ryanair Holdings plc (NASDAQ:RYAAY) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 673 shares of the transportation company’s stock, valued at approximately $90,000.

Other large investors have also modified their holdings of the company. Brave Warrior Advisors LLC acquired a new position in Ryanair in the fourth quarter valued at approximately $870,000. Assenagon Asset Management S.A. purchased a new position in Ryanair during the 4th quarter worth $3,708,000. Sprucegrove Investment Management Ltd. increased its stake in Ryanair by 9.9% in the fourth quarter. Sprucegrove Investment Management Ltd. now owns 2,737,862 shares of the transportation company’s stock valued at $365,121,000 after purchasing an additional 246,850 shares during the period. Kornitzer Capital Management Inc. KS raised its holdings in shares of Ryanair by 49.9% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 37,486 shares of the transportation company’s stock valued at $4,999,000 after buying an additional 12,486 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of Ryanair during the fourth quarter worth about $913,000. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Barclays downgraded Ryanair from an “overweight” rating to an “equal weight” rating in a research note on Friday. Evercore ISI upped their price target on Ryanair from $145.00 to $155.00 and gave the stock an “in-line” rating in a research note on Thursday, April 4th. Deutsche Bank Aktiengesellschaft lowered shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, May 24th. Finally, UBS Group downgraded shares of Ryanair from a “buy” rating to a “neutral” rating in a research report on Thursday. Five investment analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $158.50.

Ryanair Price Performance

Ryanair stock opened at $114.24 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.91 and a current ratio of 0.91. Ryanair Holdings plc has a one year low of $87.18 and a one year high of $150.73. The company has a market cap of $25.99 billion, a P/E ratio of 12.53, a price-to-earnings-growth ratio of 0.89 and a beta of 1.52. The business has a fifty day moving average of $127.91 and a two-hundred day moving average of $133.08.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Monday, May 20th. The transportation company reported ($1.31) EPS for the quarter, topping analysts’ consensus estimates of ($1.32) by $0.01. Ryanair had a net margin of 14.30% and a return on equity of 25.59%. The firm had revenue of $2.36 billion for the quarter, compared to the consensus estimate of $2.33 billion. As a group, analysts predict that Ryanair Holdings plc will post 11.26 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.