OneDigital Investment Advisors LLC Purchases 4,326 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

OneDigital Investment Advisors LLC increased its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 155.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,105 shares of the transportation company’s stock after purchasing an additional 4,326 shares during the period. OneDigital Investment Advisors LLC’s holdings in Ryanair were worth $321,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Transcendent Capital Group LLC bought a new stake in shares of Ryanair during the first quarter worth about $29,000. Paradigm Asset Management Co. LLC lifted its stake in shares of Ryanair by 87.5% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock valued at $34,000 after buying an additional 350 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Ryanair by 261.5% in the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock valued at $40,000 after purchasing an additional 646 shares during the period. Signaturefd LLC increased its stake in Ryanair by 153.1% in the third quarter. Signaturefd LLC now owns 891 shares of the transportation company’s stock valued at $40,000 after acquiring an additional 539 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Ryanair by 256.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company’s stock worth $41,000 after purchasing an additional 215 shares during the period. 43.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. StockNews.com upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, November 14th. The Goldman Sachs Group upgraded shares of Ryanair to a “strong-buy” rating in a report on Friday, August 9th. Barclays raised shares of Ryanair from an “equal weight” rating to an “overweight” rating in a research report on Friday, October 25th. Citigroup raised Ryanair to a “strong-buy” rating in a research note on Friday, August 2nd. Finally, Sanford C. Bernstein dropped their price objective on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and four have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $154.67.

Ryanair Price Performance

RYAAY stock opened at $42.88 on Friday. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $60.29. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $23.33 billion, a PE ratio of 14.29, a P/E/G ratio of 2.60 and a beta of 1.54. The firm has a 50-day moving average of $59.58 and a two-hundred day moving average of $95.19.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.91 by ($0.09). The firm had revenue of $5.57 billion for the quarter, compared to the consensus estimate of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same period in the prior year, the business earned $2.88 earnings per share. On average, analysts forecast that Ryanair Holdings plc will post 2.97 earnings per share for the current 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.