Legal & General Group Plc increased its stake in Ryanair Holdings PLC (NASDAQ:RYAAY) by 5.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 71,814 shares of the transportation company’s stock after acquiring an additional 3,500 shares during the period. Legal & General Group Plc’s holdings in Ryanair were worth $7,570,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RYAAY. Janus Henderson Group PLC bought a new position in Ryanair during the 2nd quarter valued at approximately $366,606,000. FMR LLC raised its position in Ryanair by 3.0% during the 2nd quarter. FMR LLC now owns 14,021,784 shares of the transportation company’s stock valued at $1,508,884,000 after purchasing an additional 414,790 shares during the last quarter. Marshall Wace LLP raised its position in Ryanair by 378.1% during the 2nd quarter. Marshall Wace LLP now owns 180,408 shares of the transportation company’s stock valued at $19,484,000 after purchasing an additional 142,671 shares during the last quarter. Manning & Napier Advisors LLC raised its position in Ryanair by 26.7% during the 3rd quarter. Manning & Napier Advisors LLC now owns 609,344 shares of the transportation company’s stock valued at $64,236,000 after purchasing an additional 128,331 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in Ryanair by 5.6% during the 2nd quarter. Renaissance Technologies LLC now owns 2,398,074 shares of the transportation company’s stock valued at $258,057,000 after purchasing an additional 126,255 shares during the last quarter. 40.32% of the stock is owned by institutional investors.

A number of research analysts have commented on the company. Zacks Investment Research raised Ryanair from a “sell” rating to a “hold” rating in a research report on Wednesday, November 29th. Citigroup assumed coverage on Ryanair in a research report on Monday, November 20th. They set a “buy” rating for the company. BidaskClub lowered Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday. lowered Ryanair from a “buy” rating to a “reduce” rating in a research report on Thursday, September 14th. Finally, Kepler Capital Markets lowered Ryanair from a “hold” rating to a “reduce” rating in a research report on Thursday, September 21st. Four analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $96.00.

Ryanair Holdings PLC (NASDAQ RYAAY) opened at $112.44 on Friday. Ryanair Holdings PLC has a 52-week low of $78.35 and a 52-week high of $127.35. The stock has a market capitalization of $22,560.00, a P/E ratio of 16.93, a PEG ratio of 0.76 and a beta of 0.58. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.62 and a quick ratio of 1.62.

ILLEGAL ACTIVITY WARNING: “Legal & General Group Plc Buys 3,500 Shares of Ryanair Holdings PLC (RYAAY)” was originally posted by Daily Political and is the property of of Daily Political. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & international trademark and copyright law. The legal version of this article can be read at https://www.dailypolitical.com/2017/12/15/legal-general-group-plc-buys-3500-shares-of-ryanair-holdings-plc-ryaay.html.

Ryanair Company Profile

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.

Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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