NGAM Advisors L.P. boosted its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 0.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,178 shares of the transportation company’s stock after buying an additional 155 shares during the period. NGAM Advisors L.P.’s holdings in Ryanair Holdings PLC were worth $3,247,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Reliance Trust Co. of Delaware raised its stake in shares of Ryanair Holdings PLC by 22.5% in the first quarter. Reliance Trust Co. of Delaware now owns 9,615 shares of the transportation company’s stock valued at $798,000 after buying an additional 1,764 shares during the last quarter. Huntington National Bank raised its stake in shares of Ryanair Holdings PLC by 4.3% in the first quarter. Huntington National Bank now owns 2,722 shares of the transportation company’s stock valued at $226,000 after buying an additional 111 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its stake in shares of 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 during the last quarter. Great West Life Assurance Co. Can bought a new stake in shares of Ryanair Holdings PLC during the first quarter valued at approximately $2,057,000. Finally, Marshall Wace LLP raised 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 last quarter. 38.63% of the stock is owned by hedge funds and other institutional investors.

Shares of Ryanair Holdings PLC (NASDAQ:RYAAY) opened at 115.84 on Thursday. The stock’s 50 day moving average is $112.39 and its 200-day moving average is $96.17. The stock has a market cap of $27.96 billion, a price-to-earnings ratio of 16.73 and a beta of 0.61. Ryanair Holdings PLC has a 12-month low of $67.56 and a 12-month high of $117.21.

Ryanair Holdings PLC (NASDAQ:RYAAY) last announced its quarterly earnings results on Monday, July 24th. The transportation company reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.30. Ryanair Holdings PLC had a return on equity of 34.02% and a net margin of 21.44%. The business had revenue of $2.10 billion during the quarter, compared to analysts’ expectations of $2.02 billion. Equities analysts anticipate that Ryanair Holdings PLC will post $7.58 EPS for the current fiscal year.

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

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Several brokerages recently commented on RYAAY. BidaskClub lowered shares of Ryanair Holdings PLC from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. HSBC Holdings plc raised shares of Ryanair Holdings PLC from a “hold” rating to a “buy” rating in a report on Tuesday, July 25th. Sanford C. Bernstein began coverage on shares of Ryanair Holdings PLC in a report on Monday, June 26th. They issued an “underperform” rating and a $83.00 price target for the company. Goldman Sachs Group, Inc. (The) raised shares of Ryanair Holdings PLC from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $67.56 to $109.00 in a report on Thursday, June 15th. Finally, ValuEngine raised shares of Ryanair Holdings PLC from a “hold” rating to a “buy” rating in a report on Tuesday, June 6th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eleven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $100.33.

About Ryanair Holdings PLC

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.

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

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