Northwestern Mutual Wealth Management Co. Buys 2,789,240 Shares of Ryanair Holdings PLC $RYAAY

Northwestern Mutual Wealth Management Co. lifted its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 645,657.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,789,672 shares of the transportation company’s stock after acquiring an additional 2,789,240 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Ryanair were worth $201,386,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LVW Advisors LLC boosted its holdings in Ryanair by 2.6% in the 4th quarter. LVW Advisors LLC now owns 6,276 shares of the transportation company’s stock worth $453,000 after buying an additional 158 shares during the period. One Wealth Advisors LLC boosted its holdings in Ryanair by 3.1% in the 4th quarter. One Wealth Advisors LLC now owns 6,225 shares of the transportation company’s stock worth $449,000 after buying an additional 185 shares during the period. Pin Oak Investment Advisors Inc. boosted its holdings in Ryanair by 76.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock worth $29,000 after buying an additional 209 shares during the period. Benjamin Edwards Inc. boosted its holdings in Ryanair by 3.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 5,834 shares of the transportation company’s stock worth $336,000 after buying an additional 217 shares during the period. Finally, Rehmann Capital Advisory Group boosted its holdings in Ryanair by 3.9% in the 3rd quarter. Rehmann Capital Advisory Group now owns 6,623 shares of the transportation company’s stock worth $399,000 after buying an additional 247 shares during the period. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Stock Down 3.4%

Shares of NASDAQ:RYAAY opened at $53.36 on Friday. The firm has a fifty day moving average price of $59.22 and a two-hundred day moving average price of $64.67. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.67 and a quick ratio of 0.67. Ryanair Holdings PLC has a one year low of $49.92 and a one year high of $74.24. The company has a market cap of $27.79 billion, a price-to-earnings ratio of 10.71, a PEG ratio of 0.66 and a beta of 1.13.

Analysts Set New Price Targets

RYAAY has been the subject of several analyst reports. Wall Street Zen downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a report on Sunday, January 25th. Evercore raised shares of Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price target for the company in a report on Thursday, March 12th. Zacks Research downgraded shares of Ryanair from a “hold” rating to a “strong sell” rating in a report on Thursday, April 30th. Sanford C. Bernstein raised shares of Ryanair from a “market perform” rating to an “outperform” rating in a report on Monday, April 13th. Finally, Weiss Ratings downgraded shares of Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $75.67.

About Ryanair

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.