PNC Financial Services Group Inc. Decreases Stake in Ryanair Holdings plc (NASDAQ:RYAAY)

PNC Financial Services Group Inc. lessened its holdings in Ryanair Holdings plc (NASDAQ:RYAAY) by 10.4% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,256 shares of the transportation company’s stock after selling 1,069 shares during the period. PNC Financial Services Group Inc.’s holdings in Ryanair were worth $403,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Massachusetts Financial Services Co. MA raised its stake in shares of Ryanair by 188.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 27,263,436 shares of the transportation company’s stock worth $1,231,762,000 after purchasing an additional 17,810,361 shares during the period. FMR LLC raised its position in Ryanair by 35.3% in the third quarter. FMR LLC now owns 8,734,646 shares of the transportation company’s stock worth $394,631,000 after acquiring an additional 2,279,679 shares during the period. Janus Henderson Group PLC boosted its stake in Ryanair by 169.7% in the third quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company’s stock valued at $284,893,000 after acquiring an additional 3,967,436 shares during the last quarter. Metropolis Capital Ltd grew its position in shares of Ryanair by 14.7% during the 4th quarter. Metropolis Capital Ltd now owns 4,593,130 shares of the transportation company’s stock valued at $200,215,000 after acquiring an additional 587,023 shares during the period. Finally, Trinity Street Asset Management LLP increased its stake in shares of Ryanair by 6.0% during the 4th quarter. Trinity Street Asset Management LLP now owns 3,980,848 shares of the transportation company’s stock worth $173,525,000 after purchasing an additional 225,098 shares during the last quarter. 43.66% of the stock is owned by institutional investors.

Ryanair Trading Down 0.8 %

NASDAQ RYAAY opened at $46.86 on Friday. The stock’s 50 day moving average is $45.89 and its 200 day moving average is $54.39. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $24.99 billion, a PE ratio of 14.37, a P/E/G ratio of 2.01 and a beta of 1.46. Ryanair Holdings plc has a twelve month low of $36.96 and a twelve month high of $60.29.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, topping 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%. Research analysts forecast that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Five analysts have rated the stock with a hold rating, two have issued a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat, Ryanair has a consensus rating of “Moderate Buy” and an average price target of $151.00.

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.