Renaissance Group LLC trimmed its holdings in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 0.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 162,088 shares of the transportation company’s stock after selling 1,160 shares during the quarter. Renaissance Group LLC’s holdings in Ryanair were worth $16,888,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Capital International Investors lifted its holdings in shares of Ryanair by 0.3% during the 3rd quarter. Capital International Investors now owns 4,450,328 shares of the transportation company’s stock worth $469,154,000 after acquiring an additional 12,553 shares during the period. USA Financial Portformulas Corp bought a new position in shares of Ryanair during the 3rd quarter worth about $255,000. Capital Bank & Trust Co lifted its holdings in shares of Ryanair by 33.3% during the 3rd quarter. Capital Bank & Trust Co now owns 297,171 shares of the transportation company’s stock worth $31,328,000 after acquiring an additional 74,268 shares during the period. Voya Investment Management LLC bought a new position in shares of Ryanair during the 2nd quarter worth about $313,000. Finally, AXA bought a new position in shares of Ryanair during the 3rd quarter worth about $35,271,000. 40.49% of the stock is owned by institutional investors.

A number of equities analysts have recently commented on RYAAY shares. BidaskClub raised shares of Ryanair from a “hold” rating to a “buy” rating in a report on Tuesday, January 23rd. UBS Group raised shares of Ryanair from a “neutral” rating to a “buy” rating in a report on Thursday, January 11th. Citigroup started coverage on shares of Ryanair in a report on Monday, November 20th. They set a “buy” rating for the company. ValuEngine raised shares of Ryanair from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Finally, Zacks Investment Research raised shares of Ryanair from a “sell” rating to a “hold” rating in a report on Thursday, January 25th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $96.00.

Ryanair Holdings PLC (RYAAY) opened at $115.69 on Friday. Ryanair Holdings PLC has a 1-year low of $78.35 and a 1-year high of $127.35. The stock has a market cap of $27,208.82, a PE ratio of 16.54, a P/E/G ratio of 0.90 and a beta of 0.67. The company has a current ratio of 1.61, a quick ratio of 1.62 and a debt-to-equity ratio of 0.77.

Ryanair declared that its Board of Directors has initiated a stock repurchase plan on Monday, February 5th that permits the company to buyback shares. This buyback authorization permits the transportation company to purchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

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Ryanair Profile

Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.

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Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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