Crossmark Global Holdings Inc. Boosts Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Crossmark Global Holdings Inc. increased its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 381.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 32,037 shares of the transportation company’s stock after purchasing an additional 25,379 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Ryanair were worth $1,448,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RYAAY. Capital International Investors grew its position in Ryanair by 34.9% during the 1st quarter. Capital International Investors now owns 14,422,006 shares of the transportation company’s stock worth $2,099,700,000 after purchasing an additional 3,734,770 shares during the last quarter. Capital World Investors boosted its stake in shares of Ryanair by 30.0% during the first quarter. Capital World Investors now owns 12,085,927 shares of the transportation company’s stock worth $1,759,590,000 after buying an additional 2,791,513 shares during the period. Massachusetts Financial Services Co. MA grew its holdings in shares of Ryanair by 2.0% during the second quarter. Massachusetts Financial Services Co. MA now owns 9,453,075 shares of the transportation company’s stock worth $1,100,716,000 after buying an additional 183,584 shares during the last quarter. Metropolis Capital Ltd grew its holdings in shares of Ryanair by 177.4% during the third quarter. Metropolis Capital Ltd now owns 4,006,107 shares of the transportation company’s stock worth $180,996,000 after buying an additional 2,562,066 shares during the last quarter. Finally, Trinity Street Asset Management LLP increased its position in Ryanair by 154.4% in the 3rd quarter. Trinity Street Asset Management LLP now owns 3,755,750 shares of the transportation company’s stock valued at $169,685,000 after acquiring an additional 2,279,250 shares during the period. 43.66% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on RYAAY shares. Barclays upgraded Ryanair from an “equal weight” rating to an “overweight” rating in a research note on Friday, October 25th. The Goldman Sachs Group raised shares of Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. UBS Group upgraded shares of Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday. Citigroup raised shares of Ryanair to a “strong-buy” rating in a report on Friday, August 2nd. Finally, StockNews.com raised shares of Ryanair from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and four have given a strong buy rating to the stock. Based on data from MarketBeat, Ryanair has an average rating of “Buy” and a consensus price target of $154.67.

Ryanair Stock Performance

NASDAQ:RYAAY opened at $44.58 on Thursday. The firm’s fifty day simple moving average is $68.96 and its 200-day simple moving average is $99.22. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.22. The stock has a market cap of $24.39 billion, a PE ratio of 14.86, a price-to-earnings-growth ratio of 2.62 and a beta of 1.54. Ryanair Holdings plc has a fifty-two week low of $36.96 and a fifty-two week high of $60.29.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09). The company had revenue of $5.57 billion during the quarter, compared to analysts’ expectations of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same period last year, the business posted $2.88 earnings per share. Analysts expect that Ryanair Holdings plc will post 2.97 earnings per share 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.