Janus Henderson Group PLC Trims Stock Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Janus Henderson Group PLC lowered its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 19.2% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 2,271,148 shares of the transportation company’s stock after selling 539,237 shares during the quarter. Janus Henderson Group PLC owned about 1.00% of Ryanair worth $330,666,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake in shares of Ryanair by 44.9% in the first quarter. GAMMA Investing LLC now owns 242 shares of the transportation company’s stock worth $35,000 after acquiring an additional 75 shares during the period. Benjamin F. Edwards & Company Inc. grew its position in Ryanair by 25.8% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 912 shares of the transportation company’s stock worth $133,000 after purchasing an additional 187 shares during the period. Transcendent Capital Group LLC purchased a new position in shares of Ryanair during the 1st quarter valued at about $29,000. Verdence Capital Advisors LLC lifted its holdings in shares of Ryanair by 2.5% in the 1st quarter. Verdence Capital Advisors LLC now owns 8,795 shares of the transportation company’s stock valued at $1,280,000 after buying an additional 211 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of Ryanair by 47.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 700 shares of the transportation company’s stock worth $93,000 after buying an additional 224 shares during the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Analyst Ratings Changes

RYAAY has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft cut Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, May 24th. UBS Group lowered shares of Ryanair from a “buy” rating to a “neutral” rating in a report on Thursday, June 20th. Barclays downgraded shares of Ryanair from an “overweight” rating to an “equal weight” rating in a report on Friday, June 21st. Evercore ISI lifted their price objective on shares of Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a report on Thursday, April 4th. Finally, HSBC lowered shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, July 12th. Seven investment analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $158.50.

Ryanair Price Performance

Shares of NASDAQ RYAAY traded up $2.14 during trading on Tuesday, hitting $101.83. The company had a trading volume of 741,498 shares, compared to its average volume of 626,530. Ryanair Holdings plc has a fifty-two week low of $87.18 and a fifty-two week high of $150.73. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.32. The stock has a fifty day simple moving average of $116.69 and a two-hundred day simple moving average of $130.19. The firm has a market capitalization of $22.99 billion, a price-to-earnings ratio of 10.93, a price-to-earnings-growth ratio of 1.17 and a beta of 1.55.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings data on Monday, May 20th. The transportation company reported ($1.31) EPS for the quarter, topping the consensus estimate of ($1.32) by $0.01. Ryanair had a return on equity of 20.43% and a net margin of 12.07%. The company had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.33 billion. On average, research analysts expect that Ryanair Holdings plc will post 9.15 earnings per share for the current year.

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.