Ryanair Holdings plc (NASDAQ:RYAAY) Holdings Boosted by Baldwin Investment Management LLC

Baldwin Investment Management LLC raised its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 150.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 21,418 shares of the transportation company’s stock after acquiring an additional 12,851 shares during the period. Baldwin Investment Management LLC’s holdings in Ryanair were worth $968,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Massachusetts Financial Services Co. MA raised its position in Ryanair by 188.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 27,263,436 shares of the transportation company’s stock valued at $1,231,762,000 after buying an additional 17,810,361 shares during the period. Baillie Gifford & Co. increased its holdings in shares of Ryanair by 175.7% in the 3rd quarter. Baillie Gifford & Co. now owns 23,548,902 shares of the transportation company’s stock valued at $1,063,939,000 after purchasing an additional 15,008,023 shares during the period. FMR LLC lifted its position in shares of 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 purchasing an additional 2,279,679 shares in the last quarter. Metropolis Capital Ltd boosted 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 purchasing an additional 2,562,066 shares during the period. Finally, Trinity Street Asset Management LLP grew its position in Ryanair by 154.4% during the third quarter. Trinity Street Asset Management LLP now owns 3,755,750 shares of the transportation company’s stock valued at $169,685,000 after purchasing an additional 2,279,250 shares in the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on RYAAY. StockNews.com raised shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, November 14th. Sanford C. Bernstein dropped their price target on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating on the stock in a research note on Thursday, August 29th. The Goldman Sachs Group raised shares of Ryanair to a “strong-buy” rating in a research note 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. Finally, UBS Group raised Ryanair from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th. Four equities research analysts have rated the stock with a hold rating, three have given a buy rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $154.67.

Ryanair Price Performance

NASDAQ RYAAY opened at $43.32 on Wednesday. The stock has a market capitalization of $23.57 billion, a PE ratio of 14.44, a P/E/G ratio of 2.52 and a beta of 1.54. The stock has a 50-day simple moving average of $55.69 and a 200 day simple moving average of $92.80. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.81 and a current ratio of 0.81. Ryanair Holdings plc has a twelve month low of $36.96 and a twelve month high of $60.29.

Ryanair (NASDAQ:RYAAY) last announced 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). Ryanair had a return on equity of 19.92% and a net margin of 11.38%. The company had revenue of $5.57 billion for the quarter, compared to the consensus estimate of $5.59 billion. During the same period last year, the firm posted $2.88 EPS. Research analysts anticipate that Ryanair Holdings plc will post 2.97 EPS for the current year.

Ryanair 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.