Creative Planning raised its holdings in Ryanair Holdings plc (NASDAQ:RYAAY – Free Report) by 152.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,211 shares of the transportation company’s stock after purchasing an additional 8,579 shares during the quarter. Creative Planning’s holdings in Ryanair were worth $642,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Transcendent Capital Group LLC acquired a new stake in shares of Ryanair in the 1st quarter valued at approximately $29,000. EverSource Wealth Advisors LLC raised its stake in Ryanair by 256.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 215 shares during the period. Advisors Asset Management Inc. acquired a new position in shares of Ryanair in the first quarter valued at approximately $50,000. Ridgewood Investments LLC bought a new position in Ryanair during the second quarter worth about $50,000. Finally, GAMMA Investing LLC raised its holdings in Ryanair by 261.5% in the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 646 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.
Analyst Ratings Changes
A number of research analysts recently issued reports on the stock. Barclays upgraded shares of Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. Hsbc Global Res upgraded shares of Ryanair to a “hold” rating in a report on Friday, July 12th. The Goldman Sachs Group upgraded Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. Citigroup upgraded shares of Ryanair to a “strong-buy” rating in a research note on Friday, August 2nd. Finally, HSBC downgraded Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, July 12th. Six equities research analysts have rated the stock with a hold rating, two have given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $154.67.
Ryanair Stock Down 3.2 %
RYAAY stock opened at $44.06 on Tuesday. The company has a market capitalization of $24.10 billion, a price-to-earnings ratio of 14.38, a price-to-earnings-growth ratio of 2.60 and a beta of 1.54. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.93 and a current ratio of 0.93. The business’s 50 day moving average price is $76.64 and its two-hundred day moving average price is $103.19. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $60.29.
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.
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