Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 82.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,950 shares of the transportation company’s stock after buying an additional 4,950 shares during the period. Clal Insurance Enterprises Holdings Ltd’s holdings in Ryanair Holdings PLC were worth $1,178,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Meiji Yasuda Asset Management Co Ltd. raised its stake in Ryanair Holdings PLC by 2.1% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 15,750 shares of the transportation company’s stock valued at $1,307,000 after buying an additional 320 shares in the last quarter. Great West Life Assurance Co. Can purchased a new stake in shares of Ryanair Holdings PLC during the first quarter valued at approximately $2,057,000. Marshall Wace LLP increased its stake in shares of Ryanair Holdings PLC by 271.3% in the first quarter. Marshall Wace LLP now owns 37,737 shares of the transportation company’s stock valued at $3,132,000 after buying an additional 27,573 shares during the period. Janus Capital Management LLC increased its stake in shares of Ryanair Holdings PLC by 6.3% in the first quarter. Janus Capital Management LLC now owns 3,297,367 shares of the transportation company’s stock valued at $273,610,000 after buying an additional 195,986 shares during the period. Finally, Atria Investments LLC purchased a new stake in shares of Ryanair Holdings PLC during the second quarter valued at approximately $255,000. 40.13% of the stock is owned by institutional investors and hedge funds.

Ryanair Holdings PLC (RYAAY) opened at 114.88 on Friday. Ryanair Holdings PLC has a 1-year low of $67.56 and a 1-year high of $122.68. The firm has a 50-day moving average of $115.05 and a 200 day moving average of $99.93. The firm has a market cap of $27.73 billion, a price-to-earnings ratio of 16.73 and a beta of 0.61.

Ryanair Holdings PLC (NASDAQ:RYAAY) last released its quarterly earnings data on Monday, July 24th. The transportation company reported $1.78 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.30. Ryanair Holdings PLC had a net margin of 21.44% and a return on equity of 34.02%. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.02 billion. Analysts expect that Ryanair Holdings PLC will post $7.58 earnings per share for the current fiscal year.

Ryanair Holdings PLC declared that its Board of Directors has authorized a share buyback plan on Tuesday, May 30th that authorizes the company to repurchase outstanding shares. This repurchase authorization authorizes the transportation company to buy up to 2.3% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its stock is undervalued.

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Several brokerages recently commented on RYAAY. ValuEngine upgraded shares of Ryanair Holdings PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, June 6th. Sanford C. Bernstein began coverage on shares of Ryanair Holdings PLC in a research report on Monday, June 26th. They issued an “underperform” rating and a $83.00 price target for the company. UBS AG downgraded shares of Ryanair Holdings PLC from a “buy” rating to a “neutral” rating in a research report on Friday, June 2nd. Citigroup Inc. downgraded shares of Ryanair Holdings PLC from a “buy” rating to a “neutral” rating in a research report on Wednesday, May 31st. Finally, BidaskClub downgraded shares of Ryanair Holdings PLC from a “buy” rating to a “hold” rating in a research report on Friday, August 25th. Two analysts have rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the company’s stock. Ryanair Holdings PLC has a consensus rating of “Buy” and an average price target of $100.33.

Ryanair Holdings PLC Company Profile

Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.

Institutional Ownership by Quarter for Ryanair Holdings PLC (NASDAQ:RYAAY)

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