Capital International Investors Buys 2,464,742 Shares of Ryanair Holdings PLC $RYAAY

Capital International Investors lifted its holdings in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 6.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 39,929,929 shares of the transportation company’s stock after acquiring an additional 2,464,742 shares during the period. Capital International Investors owned approximately 0.08% of Ryanair worth $2,884,834,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. LVW Advisors LLC lifted its holdings in shares of Ryanair by 2.6% during the 4th quarter. LVW Advisors LLC now owns 6,276 shares of the transportation company’s stock worth $453,000 after acquiring an additional 158 shares during the period. One Wealth Advisors LLC lifted its holdings in shares of Ryanair by 3.1% during the 4th quarter. One Wealth Advisors LLC now owns 6,225 shares of the transportation company’s stock worth $449,000 after acquiring an additional 185 shares during the period. AdvisorShares Investments LLC lifted its holdings in shares of Ryanair by 1.1% during the 4th quarter. AdvisorShares Investments LLC now owns 18,145 shares of the transportation company’s stock worth $1,310,000 after acquiring an additional 201 shares during the period. Pin Oak Investment Advisors Inc. lifted its holdings in shares of Ryanair by 76.0% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock worth $29,000 after acquiring an additional 209 shares during the period. Finally, Benjamin Edwards Inc. lifted its holdings in shares of Ryanair by 3.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 5,834 shares of the transportation company’s stock worth $336,000 after acquiring an additional 217 shares during the period. 43.66% of the stock is owned by institutional investors.

Insider Buying and Selling at Ryanair

In related news, insider Juliusz Grzegorz Komorek sold 14,053 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total transaction of $365,518.53. Following the transaction, the insider owned 46,264 shares in the company, valued at $1,203,326.64. This trade represents a 23.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Eddie Joseph Wilson sold 21,080 shares of the firm’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total transaction of $548,290.80. Following the transaction, the chief executive officer owned 132,526 shares in the company, valued at $3,447,001.26. This represents a 13.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 111,607 shares of company stock valued at $2,918,397.

Ryanair Stock Performance

Shares of NASDAQ RYAAY opened at $56.98 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.01. The firm’s 50-day moving average price is $58.34 and its two-hundred day moving average price is $64.15. Ryanair Holdings PLC has a 52-week low of $53.14 and a 52-week high of $74.24. The stock has a market capitalization of $29.67 billion, a P/E ratio of 12.10, a P/E/G ratio of 1.38 and a beta of 1.15.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings results on Tuesday, May 19th. The transportation company reported ($0.86) EPS for the quarter, beating the consensus estimate of ($0.95) by $0.09. Ryanair had a net margin of 13.95% and a return on equity of 25.58%. The company had revenue of $2.70 billion for the quarter, compared to analyst estimates of $3.08 billion. As a group, sell-side analysts forecast that Ryanair Holdings PLC will post 4.51 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently commented on RYAAY shares. Zacks Research downgraded shares of Ryanair from a “hold” rating to a “strong sell” rating in a report on Thursday, April 30th. Evercore raised shares of Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price objective for the company in a report on Thursday, March 12th. Erste Group Bank downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Weiss Ratings downgraded shares of Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Finally, Sanford C. Bernstein raised shares of Ryanair from a “market perform” rating to an “outperform” rating in a report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $75.67.

Ryanair Company Profile

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.