Ryanair Holdings PLC $RYAAY Shares Sold by Arrowpoint Investment Partners Singapore Pte. Ltd.

Arrowpoint Investment Partners Singapore Pte. Ltd. lessened its holdings in Ryanair Holdings PLC (NASDAQ:RYAAY) by 79.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 5,387 shares of the transportation company’s stock after selling 21,225 shares during the period. Arrowpoint Investment Partners Singapore Pte. Ltd.’s holdings in Ryanair were worth $389,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of RYAAY. CIBC Private Wealth Group LLC increased its holdings in Ryanair by 280.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 472 shares of the transportation company’s stock worth $28,000 after buying an additional 348 shares during the period. Pin Oak Investment Advisors Inc. increased its holdings in Ryanair by 76.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 484 shares of the transportation company’s stock worth $29,000 after buying an additional 209 shares during the period. UMB Bank n.a. increased its holdings in Ryanair by 1,057.4% in the 3rd quarter. UMB Bank n.a. now owns 544 shares of the transportation company’s stock worth $33,000 after buying an additional 497 shares during the period. Larson Financial Group LLC increased its holdings in Ryanair by 64.9% in the 4th quarter. Larson Financial Group LLC now owns 653 shares of the transportation company’s stock worth $47,000 after buying an additional 257 shares during the period. Finally, Wexford Capital LP acquired a new position in Ryanair in the 3rd quarter worth approximately $55,000. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Trading Down 0.3%

Shares of NASDAQ:RYAAY opened at $56.97 on Friday. Ryanair Holdings PLC has a 1 year low of $53.14 and a 1 year high of $74.24. The firm has a market capitalization of $29.67 billion, a price-to-earnings ratio of 12.10, a price-to-earnings-growth ratio of 1.38 and a beta of 1.15. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.90 and a quick ratio of 0.90. The business’s 50 day moving average price is $58.43 and its 200-day moving average price is $64.20.

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

Analyst Ratings Changes

RYAAY has been the topic of a number of analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a research note on Tuesday, May 19th. Erste Group Bank cut shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Sanford C. Bernstein raised shares of Ryanair from a “market perform” rating to an “outperform” rating in a research note on Monday, April 13th. Weiss Ratings cut shares of Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Finally, Zacks Research cut shares of Ryanair from a “hold” rating to a “strong sell” rating in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Ryanair presently has an average rating of “Moderate Buy” and an average price target of $75.67.

Insider Buying and Selling

In other Ryanair news, insider Jason Paul Mcguinness sold 12,562 shares of the firm’s stock in a transaction on Tuesday, May 19th. The stock was sold at an average price of $26.01, for a total value of $326,737.62. Following the transaction, the insider owned 24,304 shares in the company, valued at approximately $632,147.04. This trade represents a 34.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CMO Dara Brady sold 8,973 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total value of $233,387.73. Following the completion of the transaction, the chief marketing officer owned 17,550 shares in the company, valued at $456,475.50. The trade was a 33.83% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 111,607 shares of company stock worth $2,918,397 in the last ninety days.

Ryanair 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.