Diversified Trust Co Raises Stake in Ryanair Holdings plc (NASDAQ:RYAAY)

Diversified Trust Co boosted its stake in Ryanair Holdings plc (NASDAQ:RYAAY) by 1.5% during the 1st quarter, HoldingsChannel.com reports. The fund owned 23,578 shares of the transportation company’s stock after purchasing an additional 356 shares during the period. Diversified Trust Co’s holdings in Ryanair were worth $3,433,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bruce G. Allen Investments LLC bought a new stake in Ryanair in the 4th quarter valued at about $31,000. Advisors Preferred LLC bought a new position in Ryanair in the 4th quarter worth approximately $31,000. GAMMA Investing LLC boosted its holdings in Ryanair by 44.9% in the 1st quarter. GAMMA Investing LLC now owns 242 shares of the transportation company’s stock worth $35,000 after buying an additional 75 shares during the period. Principal Securities Inc. purchased a new position in Ryanair in the 4th quarter valued at approximately $41,000. Finally, Tucker Asset Management LLC purchased a new stake in shares of Ryanair during the third quarter worth $39,000. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Ryanair Stock Down 2.1 %

Shares of NASDAQ RYAAY opened at $114.02 on Tuesday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.33. The business has a 50-day moving average of $125.86 and a 200-day moving average of $132.81. The firm has a market capitalization of $25.94 billion, a price-to-earnings ratio of 12.50, a PEG ratio of 1.06 and a beta of 1.55. Ryanair Holdings plc has a 12 month low of $87.18 and a 12 month high of $150.73.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, May 20th. The transportation company reported ($1.31) EPS for the quarter, topping analysts’ consensus estimates of ($1.32) by $0.01. The firm had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.33 billion. Ryanair had a net margin of 14.30% and a return on equity of 25.61%. Sell-side analysts expect that Ryanair Holdings plc will post 11 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on RYAAY shares. Barclays lowered Ryanair from an “overweight” rating to an “equal weight” rating in a research note on Friday, June 21st. Evercore ISI raised their price objective on shares of Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a research report on Thursday, April 4th. UBS Group cut shares of Ryanair from a “buy” rating to a “neutral” rating in a research note on Thursday, June 20th. Finally, Deutsche Bank Aktiengesellschaft cut shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, May 24th. Five analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $158.50.

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.