Evergreen Capital Management LLC Has $2.23 Million Stock Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Evergreen Capital Management LLC trimmed its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 0.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 51,170 shares of the transportation company’s stock after selling 452 shares during the period. Evergreen Capital Management LLC’s holdings in Ryanair were worth $2,231,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of RYAAY. EverSource Wealth Advisors LLC grew its stake in shares of Ryanair by 32.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company’s stock valued at $42,000 after buying an additional 236 shares in the last quarter. Wilmington Savings Fund Society FSB grew its position in Ryanair by 8.3% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 3,369 shares of the transportation company’s stock worth $147,000 after acquiring an additional 259 shares in the last quarter. Schechter Investment Advisors LLC increased its stake in shares of Ryanair by 2.3% during the 4th quarter. Schechter Investment Advisors LLC now owns 11,584 shares of the transportation company’s stock worth $505,000 after purchasing an additional 261 shares during the last quarter. Pacer Advisors Inc. raised its holdings in shares of Ryanair by 14.1% during the 4th quarter. Pacer Advisors Inc. now owns 2,168 shares of the transportation company’s stock valued at $95,000 after purchasing an additional 268 shares in the last quarter. Finally, Gallacher Capital Management LLC lifted its stake in shares of Ryanair by 3.5% in the 4th quarter. Gallacher Capital Management LLC now owns 10,822 shares of the transportation company’s stock valued at $472,000 after purchasing an additional 364 shares during the last quarter. 43.66% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on RYAAY. Deutsche Bank Aktiengesellschaft upgraded Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, March 27th. StockNews.com lowered Ryanair from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, Ryanair currently has a consensus rating of “Buy” and an average price target of $147.00.

Ryanair Stock Up 1.1 %

RYAAY stock opened at $45.68 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86. The company has a 50-day moving average of $45.23 and a two-hundred day moving average of $44.84. The stock has a market capitalization of $24.30 billion, a price-to-earnings ratio of 14.00, a price-to-earnings-growth ratio of 2.01 and a beta of 1.41. Ryanair Holdings plc has a 52-week low of $36.96 and a 52-week high of $57.48.

Ryanair (NASDAQ:RYAAY) last announced its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share 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%. As a group, equities research analysts anticipate that Ryanair Holdings plc will post 3.09 EPS for the current year.

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.