OLD National Bancorp IN decreased its position in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 0.8% during the second quarter, Holdings Channel reports. The fund owned 4,010 shares of the transportation company’s stock after selling 31 shares during the period. OLD National Bancorp IN’s holdings in Ryanair Holdings PLC were worth $432,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in RYAAY. Janus Capital Management LLC raised its position in shares of Ryanair Holdings PLC by 6.3% in the first quarter. Janus Capital Management LLC now owns 3,297,367 shares of the transportation company’s stock valued at $273,610,000 after buying an additional 195,986 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Ryanair Holdings PLC by 32.9% in the first quarter. JPMorgan Chase & Co. now owns 1,661,275 shares of the transportation company’s stock valued at $137,853,000 after buying an additional 411,479 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of Ryanair Holdings PLC by 2.6% in the first quarter. Ameriprise Financial Inc. now owns 1,376,756 shares of the transportation company’s stock valued at $114,245,000 after buying an additional 35,330 shares in the last quarter. BlackRock Inc. raised its position in shares of Ryanair Holdings PLC by 2,988.0% in the first quarter. BlackRock Inc. now owns 1,306,028 shares of the transportation company’s stock valued at $108,374,000 after buying an additional 1,263,734 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of Ryanair Holdings PLC by 18.9% in the first quarter. American Century Companies Inc. now owns 1,226,359 shares of the transportation company’s stock valued at $101,763,000 after buying an additional 194,570 shares in the last quarter. Institutional investors and hedge funds own 38.72% of the company’s stock.

Ryanair Holdings PLC (NASDAQ:RYAAY) opened at 115.57 on Wednesday. Ryanair Holdings PLC has a one year low of $67.08 and a one year high of $115.97.

Ryanair Holdings PLC declared that its Board of Directors has authorized a share buyback plan on Tuesday, May 30th that authorizes the company to repurchase outstanding shares. This repurchase authorization authorizes the transportation company to buy up to 2.3% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

COPYRIGHT VIOLATION WARNING: This piece was published by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another website, it was illegally copied and reposted in violation of international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.dailypolitical.com/2017/07/19/old-national-bancorp-in-has-432000-stake-in-ryanair-holdings-plc-nasdaqryaay.html.

RYAAY has been the topic of several research analyst reports. Sanford C. Bernstein initiated coverage on Ryanair Holdings PLC in a report on Monday, June 26th. They issued an “underperform” rating and a $83.00 price objective on the stock. Zacks Investment Research cut Ryanair Holdings PLC from a “hold” rating to a “sell” rating in a report on Tuesday, April 11th. Goldman Sachs Group, Inc. (The) upgraded Ryanair Holdings PLC from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $67.56 to $109.00 in a report on Thursday, June 15th. Citigroup Inc. cut Ryanair Holdings PLC from a “buy” rating to a “neutral” rating in a report on Wednesday, May 31st. Finally, ValuEngine cut Ryanair Holdings PLC from a “buy” rating to a “hold” rating in a report on Wednesday, May 24th. Two analysts have rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $100.33.

About Ryanair Holdings PLC

Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.

Want to see what other hedge funds are holding RYAAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ryanair Holdings PLC (NASDAQ:RYAAY).

Institutional Ownership by Quarter for Ryanair Holdings PLC (NASDAQ:RYAAY)

Receive News & Ratings for Ryanair Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryanair Holdings PLC and related companies with MarketBeat.com's FREE daily email newsletter.