Sei Investments Co. Has $85.30 Million Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Sei Investments Co. trimmed its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 639,613 shares of the transportation company’s stock after selling 37,139 shares during the quarter. Sei Investments Co. owned approximately 0.28% of Ryanair worth $85,298,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bruce G. Allen Investments LLC bought a new stake in Ryanair in the 4th quarter valued at about $31,000. Advisors Preferred LLC bought a new position in shares of Ryanair in the 4th quarter worth $31,000. Tucker Asset Management LLC acquired a new stake in Ryanair in the 3rd quarter valued at $39,000. Principal Securities Inc. bought a new stake in Ryanair during the 4th quarter valued at $41,000. Finally, Cary Street Partners Investment Advisory LLC raised its holdings in Ryanair by 86.0% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 571 shares of the transportation company’s stock worth $56,000 after buying an additional 264 shares during the last quarter. 43.66% of the stock is owned by institutional investors and hedge funds.

Ryanair Trading Down 1.7 %

Shares of NASDAQ RYAAY traded down $2.06 during mid-day trading on Friday, hitting $121.57. The stock had a trading volume of 379,792 shares, compared to its average volume of 743,021. The firm has a market cap of $27.72 billion, a P/E ratio of 13.33, a price-to-earnings-growth ratio of 0.95 and a beta of 1.52. Ryanair Holdings plc has a 1 year low of $87.18 and a 1 year high of $150.73. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.91 and a current ratio of 0.91. The business has a 50 day moving average price of $133.47 and a two-hundred day moving average price of $133.16.

Analyst Ratings Changes

Several brokerages have recently commented on RYAAY. Deutsche Bank Aktiengesellschaft downgraded Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, May 24th. Evercore ISI raised their price objective on Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a research note on Thursday, April 4th. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $158.50.

Ryanair Profile

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.