Gallacher Capital Management LLC Has $504,000 Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Gallacher Capital Management LLC cut its stake in Ryanair Holdings plc (NASDAQ:RYAAY) by 6.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,778 shares of the transportation company’s stock after selling 265 shares during the period. Gallacher Capital Management LLC’s holdings in Ryanair were worth $504,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RYAAY. Assenagon Asset Management S.A. bought a new stake in Ryanair during the 4th quarter worth about $3,708,000. Sprucegrove Investment Management Ltd. lifted its position in Ryanair by 9.9% during the 4th quarter. Sprucegrove Investment Management Ltd. now owns 2,737,862 shares of the transportation company’s stock worth $365,121,000 after buying an additional 246,850 shares in the last quarter. Kornitzer Capital Management Inc. KS lifted its position in Ryanair by 49.9% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 37,486 shares of the transportation company’s stock worth $4,999,000 after buying an additional 12,486 shares in the last quarter. Lincoln National Corp bought a new stake in shares of Ryanair in the 3rd quarter valued at about $320,000. Finally, Mercer Global Advisors Inc. ADV raised its holdings in shares of Ryanair by 1,259.4% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 27,079 shares of the transportation company’s stock valued at $2,632,000 after purchasing an additional 25,087 shares during the period. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Price Performance

Shares of NASDAQ RYAAY traded up $0.51 during trading hours on Friday, hitting $140.30. 356,740 shares of the stock were exchanged, compared to its average volume of 355,349. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market cap of $31.99 billion, a PE ratio of 14.45, a price-to-earnings-growth ratio of 0.71 and a beta of 1.59. The company’s fifty day simple moving average is $141.49 and its two-hundred day simple moving average is $128.83. Ryanair Holdings plc has a 1-year low of $87.18 and a 1-year high of $150.73.

Wall Street Analyst Weigh In

Separately, Evercore ISI upped their target price on shares of Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a report on Thursday, April 4th. Two analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Ryanair currently has an average rating of “Moderate Buy” and an average target price of $158.50.

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.