Ryanair Holdings (RYAAY) Holdings Increased by State of Wisconsin Investment Board

State of Wisconsin Investment Board grew its holdings in shares of Ryanair Holdings (NASDAQ:RYAAY) by 337.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 131,871 shares of the transportation company’s stock after acquiring an additional 101,718 shares during the period. State of Wisconsin Investment Board owned 0.06% of Ryanair worth $16,200,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of RYAAY. Shine Investment Advisory Services Inc. grew its stake in shares of Ryanair by 1,715.1% in the 4th quarter. Shine Investment Advisory Services Inc. now owns 962 shares of the transportation company’s stock valued at $100,000 after buying an additional 909 shares during the period. Cornerstone Advisors Inc. grew its stake in shares of Ryanair by 1,350.7% in the 4th quarter. Cornerstone Advisors Inc. now owns 1,088 shares of the transportation company’s stock valued at $113,000 after buying an additional 1,013 shares during the period. US Bancorp DE grew its stake in shares of Ryanair by 168.2% in the 4th quarter. US Bancorp DE now owns 1,172 shares of the transportation company’s stock valued at $122,000 after buying an additional 735 shares during the period. Assetmark Inc. grew its stake in shares of Ryanair by 64.0% in the 4th quarter. Assetmark Inc. now owns 1,322 shares of the transportation company’s stock valued at $138,000 after buying an additional 516 shares during the period. Finally, Tower Research Capital LLC TRC acquired a new stake in shares of Ryanair in the 4th quarter valued at about $148,000. Hedge funds and other institutional investors own 43.01% of the company’s stock.

Shares of NASDAQ RYAAY opened at $111.92 on Friday. Ryanair Holdings has a fifty-two week low of $100.34 and a fifty-two week high of $127.61. The stock has a market capitalization of $25.76 billion, a P/E ratio of 15.94, a price-to-earnings-growth ratio of 1.86 and a beta of 0.66. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.77.

Ryanair declared that its board has approved a stock buyback program on Monday, February 5th that permits the company to buyback outstanding shares. This buyback authorization permits the transportation company to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

Several brokerages have recently commented on RYAAY. Zacks Investment Research downgraded Ryanair from a “buy” rating to a “sell” rating in a research note on Friday, April 20th. BidaskClub upgraded Ryanair from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, February 21st. Finally, ValuEngine upgraded Ryanair from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $110.00.

Ryanair Profile

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, continental Europe, Morocco, and Israel. It also offers various ancillary services, such as non-flight scheduled services and Internet-related services; and markets accommodation services and travel insurance through its Website, as well as engages in the in-flight sale of beverages, food, and merchandise.

Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

Receive News & Ratings for Ryanair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryanair and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply