Atria Investments Inc Decreases Stock Holdings in Ryanair Holdings PLC $RYAAY

Atria Investments Inc lowered its holdings in Ryanair Holdings PLC (NASDAQ:RYAAY) by 22.7% during the 2nd quarter, Holdings Channel reports. The firm owned 9,110 shares of the transportation company’s stock after selling 2,682 shares during the period. Atria Investments Inc’s holdings in Ryanair were worth $525,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of RYAAY. Bank of New York Mellon Corp raised its stake in shares of Ryanair by 19.9% during the 1st quarter. Bank of New York Mellon Corp now owns 97,405 shares of the transportation company’s stock worth $4,127,000 after purchasing an additional 16,177 shares during the period. Envestnet Asset Management Inc. raised its position in Ryanair by 19.9% in the first quarter. Envestnet Asset Management Inc. now owns 526,540 shares of the transportation company’s stock worth $22,310,000 after acquiring an additional 87,532 shares during the period. CWM LLC raised its position in Ryanair by 39.8% in the first quarter. CWM LLC now owns 1,191 shares of the transportation company’s stock worth $50,000 after acquiring an additional 339 shares during the period. Bleakley Financial Group LLC boosted its stake in Ryanair by 15.3% in the first quarter. Bleakley Financial Group LLC now owns 26,600 shares of the transportation company’s stock valued at $1,127,000 after acquiring an additional 3,539 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA grew its position in shares of Ryanair by 4.4% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 29,324,514 shares of the transportation company’s stock valued at $1,242,480,000 after acquiring an additional 1,233,059 shares during the period. Institutional investors own 43.66% of the company’s stock.

Ryanair Stock Performance

Shares of NASDAQ RYAAY opened at $63.81 on Monday. The stock has a market cap of $33.69 billion, a PE ratio of 14.98, a price-to-earnings-growth ratio of 0.66 and a beta of 1.39. Ryanair Holdings PLC has a 1 year low of $38.52 and a 1 year high of $67.18. The firm has a fifty day moving average price of $60.31 and a 200-day moving average price of $58.58. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.66 and a quick ratio of 0.66.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Monday, November 3rd. The transportation company reported $3.76 earnings per share for the quarter, topping the consensus estimate of $3.62 by $0.14. Ryanair had a net margin of 14.42% and a return on equity of 27.91%. The company had revenue of $6.32 billion during the quarter, compared to the consensus estimate of $5.44 billion. Equities analysts anticipate that Ryanair Holdings PLC will post 3.09 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on RYAAY shares. Citigroup reaffirmed a “buy” rating on shares of Ryanair in a report on Thursday, October 23rd. Sanford C. Bernstein lowered Ryanair from an “outperform” rating to a “market perform” rating in a research note on Tuesday, November 4th. Zacks Research downgraded Ryanair from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 22nd. Wall Street Zen lowered Ryanair from a “buy” rating to a “hold” rating in a report on Sunday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Ryanair in a research report on Wednesday, October 8th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $76.00.

Ryanair 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.