Wright Investors Service Inc. raised its stake in Ryanair Holdings PLC (NASDAQ:RYAAY) by 1.1% during the second quarter, Holdings Channel reports. The institutional investor owned 11,087 shares of the transportation company’s stock after buying an additional 126 shares during the period. Wright Investors Service Inc.’s holdings in Ryanair Holdings PLC were worth $1,193,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. Opera Trading Capital acquired a new position in Ryanair Holdings PLC during the second quarter valued at $4,334,000. Aperio Group LLC boosted its position in Ryanair Holdings PLC by 1.1% in the second quarter. Aperio Group LLC now owns 49,090 shares of the transportation company’s stock valued at $5,283,000 after buying an additional 543 shares in the last quarter. Oregon Public Employees Retirement Fund acquired a new position in Ryanair Holdings PLC during the second quarter valued at $108,000. Creative Planning boosted its position in Ryanair Holdings PLC by 2.4% in the second quarter. Creative Planning now owns 5,696 shares of the transportation company’s stock valued at $613,000 after buying an additional 134 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in Ryanair Holdings PLC by 2.7% in the second quarter. Bank of Montreal Can now owns 48,411 shares of the transportation company’s stock valued at $5,209,000 after buying an additional 1,266 shares in the last quarter. 38.72% of the stock is owned by institutional investors and hedge funds.

Ryanair Holdings PLC (NASDAQ RYAAY) traded down 0.40% during trading on Friday, reaching $112.47. The company’s stock had a trading volume of 372,564 shares. Ryanair Holdings PLC has a 52-week low of $67.22 and a 52-week high of $115.97. The firm has a market cap of $27.40 billion, a PE ratio of 18.73 and a beta of 0.60.

Ryanair Holdings PLC announced that its board has authorized a share repurchase plan on Tuesday, May 30th that allows the company to repurchase shares. This repurchase authorization allows the transportation company to purchase up to 2.3% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

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Several equities analysts recently weighed in on the company. Sanford C. Bernstein assumed coverage on Ryanair Holdings PLC in a research report on Monday, June 26th. They set an “underperform” rating and a $83.00 price objective for the company. Goldman Sachs Group, Inc. (The) raised Ryanair Holdings PLC from a “neutral” rating to a “buy” rating and upped their price target for the company from $67.56 to $109.00 in a report on Thursday, June 15th. ValuEngine raised Ryanair Holdings PLC from a “hold” rating to a “buy” rating in a report on Tuesday, June 6th. UBS AG cut Ryanair Holdings PLC from a “buy” rating to a “neutral” rating in a report on Friday, June 2nd. Finally, Citigroup Inc. cut Ryanair Holdings PLC from a “buy” rating to a “neutral” rating in a report on Wednesday, May 31st. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price 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.

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

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