Great Lakes Advisors LLC Purchases 1,485 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Great Lakes Advisors LLC grew its position in Ryanair Holdings plc (NASDAQ:RYAAY) by 3.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,530 shares of the transportation company’s stock after acquiring an additional 1,485 shares during the quarter. Great Lakes Advisors LLC’s holdings in Ryanair were worth $1,854,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of RYAAY. R Squared Ltd bought a new stake in shares of Ryanair in the 4th quarter worth approximately $42,000. EverSource Wealth Advisors LLC lifted its position in shares of Ryanair by 32.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company’s stock worth $42,000 after buying an additional 236 shares during the period. Pinnacle Bancorp Inc. lifted its position in shares of Ryanair by 150.0% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock worth $47,000 after buying an additional 645 shares during the period. TD Private Client Wealth LLC lifted its position in shares of Ryanair by 148.6% during the 3rd quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company’s stock worth $54,000 after buying an additional 709 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of Ryanair by 125.4% during the 4th quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company’s stock worth $88,000 after buying an additional 1,120 shares during the period. Institutional investors own 43.66% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Ryanair presently has a consensus rating of “Moderate Buy” and an average target price of $151.00.

Ryanair Trading Up 1.9 %

Shares of RYAAY opened at $47.30 on Friday. The stock has a fifty day moving average price of $45.65 and a two-hundred day moving average price of $55.76. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86. Ryanair Holdings plc has a 52-week low of $36.96 and a 52-week high of $60.29. The company has a market cap of $25.42 billion, a price-to-earnings ratio of 14.50, a PEG ratio of 2.01 and a beta of 1.46.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Analysts predict that Ryanair Holdings plc will post 3.09 EPS for the current fiscal year.

About Ryanair

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.