Verition Fund Management LLC Makes New $226,000 Investment in Ryanair Holdings plc (NASDAQ:RYAAY)

Verition Fund Management LLC bought a new position in Ryanair Holdings plc (NASDAQ:RYAAY) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 4,995 shares of the transportation company’s stock, valued at approximately $226,000.

Other large investors have also added to or reduced their stakes in the company. Captrust Financial Advisors boosted its stake in shares of Ryanair by 167.0% during the 3rd quarter. Captrust Financial Advisors now owns 16,666 shares of the transportation company’s stock worth $753,000 after acquiring an additional 10,424 shares during the last quarter. PEAK6 Investments LLC boosted its stake in shares of Ryanair by 1,453.1% during the 3rd quarter. PEAK6 Investments LLC now owns 62,122 shares of the transportation company’s stock worth $2,807,000 after acquiring an additional 58,122 shares during the last quarter. Hyperion Capital Advisors LP boosted its stake in shares of Ryanair by 150.0% during the 3rd quarter. Hyperion Capital Advisors LP now owns 71,375 shares of the transportation company’s stock worth $3,225,000 after acquiring an additional 42,825 shares during the last quarter. Baldwin Investment Management LLC boosted its stake in shares of Ryanair by 150.0% during the 3rd quarter. Baldwin Investment Management LLC now owns 21,418 shares of the transportation company’s stock worth $968,000 after acquiring an additional 12,851 shares during the last quarter. Finally, FMR LLC boosted its stake in shares of Ryanair by 35.3% during the 3rd quarter. FMR LLC now owns 8,734,646 shares of the transportation company’s stock worth $394,631,000 after acquiring an additional 2,279,679 shares during the last quarter. Institutional investors own 43.66% of the company’s stock.

Ryanair Stock Performance

Shares of NASDAQ:RYAAY opened at $45.45 on Monday. The company has a market capitalization of $24.64 billion, a price-to-earnings ratio of 15.15, a PEG ratio of 2.62 and a beta of 1.51. Ryanair Holdings plc has a 12 month low of $36.96 and a 12 month high of $60.29. The firm’s 50-day moving average is $44.80 and its 200 day moving average is $85.52. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, November 4th. The transportation company reported $2.82 EPS for the quarter, missing the consensus estimate of $2.91 by ($0.09). The firm had revenue of $5.57 billion for the quarter, compared to the consensus estimate of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same quarter in the previous year, the company posted $2.88 earnings per share. Research analysts predict that Ryanair Holdings plc will post 2.97 EPS for the current year.

Analyst Ratings Changes

RYAAY has been the topic of a number of analyst reports. Sanford C. Bernstein lowered their target price on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. Barclays upgraded shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. StockNews.com upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. Finally, UBS Group upgraded shares of Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and four have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $154.67.

About Ryanair

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.