Vestmark Advisory Solutions Inc. Has $622,000 Stake in Ryanair Holdings PLC $RYAAY

Vestmark Advisory Solutions Inc. lowered its position in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 47.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,782 shares of the transportation company’s stock after selling 9,916 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Ryanair were worth $622,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of RYAAY. Price T Rowe Associates Inc. MD acquired a new stake in shares of Ryanair during the first quarter valued at about $118,071,000. Goldman Sachs Group Inc. raised its holdings in Ryanair by 658.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 992,245 shares of the transportation company’s stock valued at $42,041,000 after buying an additional 861,361 shares during the last quarter. Ovata Capital Management Ltd acquired a new stake in Ryanair during the 2nd quarter worth approximately $24,705,000. Cambiar Investors LLC bought a new stake in Ryanair during the 1st quarter worth approximately $11,785,000. Finally, Royal Bank of Canada grew its holdings in Ryanair by 7.3% during the 1st quarter. Royal Bank of Canada now owns 3,909,138 shares of the transportation company’s stock worth $165,630,000 after acquiring an additional 266,343 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on RYAAY shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a report on Tuesday, November 4th. The Goldman Sachs Group lowered Ryanair from a “buy” rating to a “neutral” rating in a research report on Monday, September 8th. Zacks Research lowered Ryanair from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 22nd. Raymond James Financial reissued a “strong-buy” rating and issued a $76.00 price target (up previously from $70.00) on shares of Ryanair in a research note on Wednesday, July 23rd. Finally, Morgan Stanley began coverage on Ryanair in a research note on Wednesday, October 15th. They issued an “overweight” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Ryanair has a consensus rating of “Moderate Buy” and a consensus price target of $76.00.

Ryanair Stock Performance

Shares of Ryanair stock opened at $64.66 on Wednesday. The business has a 50-day moving average price of $60.40 and a two-hundred day moving average price of $58.84. Ryanair Holdings PLC has a 1-year low of $38.52 and a 1-year high of $67.18. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.02. The company has a market cap of $34.14 billion, a P/E ratio of 15.18, a PEG ratio of 0.66 and a beta of 1.39.

Ryanair (NASDAQ:RYAAY) last announced its earnings results on Monday, November 3rd. The transportation company reported $3.76 EPS for the quarter, beating the consensus estimate of $3.62 by $0.14. Ryanair had a return on equity of 27.91% and a net margin of 14.42%.The company had revenue of $6.32 billion for the quarter, compared to analyst estimates of $5.44 billion. As a group, analysts anticipate that Ryanair Holdings PLC will post 3.09 EPS for the current year.

Ryanair Company 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.