PNC Financial Services Group Inc. Sells 1,069 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

PNC Financial Services Group Inc. lessened its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 10.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,256 shares of the transportation company’s stock after selling 1,069 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Ryanair were worth $403,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Wilmington Savings Fund Society FSB lifted its position in Ryanair by 8.3% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,369 shares of the transportation company’s stock worth $147,000 after buying an additional 259 shares in the last quarter. Schechter Investment Advisors LLC raised its stake in shares of Ryanair by 2.3% in the fourth quarter. Schechter Investment Advisors LLC now owns 11,584 shares of the transportation company’s stock worth $505,000 after acquiring an additional 261 shares during the last quarter. Pacer Advisors Inc. lifted its position in shares of Ryanair by 14.1% during the fourth quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company’s stock worth $95,000 after purchasing an additional 268 shares in the last quarter. Virtu Financial LLC grew its stake in shares of Ryanair by 9.1% during the third quarter. Virtu Financial LLC now owns 6,080 shares of the transportation company’s stock valued at $275,000 after purchasing an additional 509 shares during the last quarter. Finally, Bleakley Financial Group LLC increased its holdings in shares of Ryanair by 2.6% in the fourth quarter. Bleakley Financial Group LLC now owns 23,061 shares of the transportation company’s stock valued at $1,005,000 after purchasing an additional 585 shares in the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Analysts Set New Price Targets

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

Ryanair Stock Performance

Shares of Ryanair stock opened at $46.86 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The company has a market cap of $24.99 billion, a PE ratio of 14.37, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. The company has a 50 day moving average of $45.89 and a 200-day moving average of $54.39. 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 quarterly 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 forecast that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

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.