Advisors Asset Management Inc. Has $100,000 Stock Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Advisors Asset Management Inc. raised its holdings in Ryanair Holdings plc (NASDAQ:RYAAY) by 182.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,217 shares of the transportation company’s stock after acquiring an additional 1,431 shares during the period. Advisors Asset Management Inc.’s holdings in Ryanair were worth $100,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Baillie Gifford & Co. increased its holdings in Ryanair by 175.7% in the 3rd quarter. Baillie Gifford & Co. now owns 23,548,902 shares of the transportation company’s stock worth $1,063,939,000 after purchasing an additional 15,008,023 shares in the last quarter. Metropolis Capital Ltd increased its stake in shares of Ryanair by 177.4% in the third quarter. Metropolis Capital Ltd now owns 4,006,107 shares of the transportation company’s stock valued at $180,996,000 after buying an additional 2,562,066 shares during the period. Trinity Street Asset Management LLP raised its holdings in Ryanair by 154.4% in the 3rd quarter. Trinity Street Asset Management LLP now owns 3,755,750 shares of the transportation company’s stock valued at $169,685,000 after buying an additional 2,279,250 shares during the last quarter. Artemis Investment Management LLP boosted its position in Ryanair by 179.1% during the 3rd quarter. Artemis Investment Management LLP now owns 1,594,774 shares of the transportation company’s stock worth $72,052,000 after buying an additional 1,023,297 shares during the period. Finally, Mackenzie Financial Corp grew its holdings in Ryanair by 826.7% during the 2nd quarter. Mackenzie Financial Corp now owns 621,773 shares of the transportation company’s stock worth $72,399,000 after acquiring an additional 554,680 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. The Goldman Sachs Group raised shares of Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. UBS Group upgraded Ryanair from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th. Citigroup upgraded Ryanair to a “strong-buy” rating in a research report on Friday, August 2nd. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. Finally, StockNews.com upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, November 14th. Four 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 company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $154.67.

Ryanair Stock Performance

NASDAQ RYAAY opened at $44.04 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22. The company has a fifty day simple moving average of $51.54 and a 200 day simple moving average of $91.53. Ryanair Holdings plc has a 12-month low of $36.96 and a 12-month high of $60.29. The company has a market cap of $23.96 billion, a P/E ratio of 14.68, a PEG ratio of 2.53 and a beta of 1.54.

Ryanair (NASDAQ:RYAAY) last posted its 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). Ryanair had a return on equity of 19.92% and a net margin of 11.38%. The business had revenue of $5.57 billion for the quarter, compared to the consensus estimate of $5.59 billion. During the same period in the previous year, the firm earned $2.88 earnings per share. Sell-side analysts predict that Ryanair Holdings plc will post 2.97 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.