Hartford Investment Management Co. acquired a new position in Ryanair Holdings plc (NASDAQ:RYAAY) during the 1st quarter, HoldingsChannel reports. The firm acquired 3,400 shares of the transportation company’s stock, valued at approximately $255,000.

Several other hedge funds also recently modified their holdings of the company. Harris Associates L P lifted its holdings in Ryanair by 38.6% during the 4th quarter. Harris Associates L P now owns 14,358,251 shares of the transportation company’s stock worth $1,024,318,000 after buying an additional 4,002,188 shares in the last quarter. Baillie Gifford & Co. lifted its holdings in Ryanair by 15.7% during the 4th quarter. Baillie Gifford & Co. now owns 6,792,319 shares of the transportation company’s stock worth $484,564,000 after buying an additional 920,644 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in Ryanair by 27.5% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,458,575 shares of the transportation company’s stock worth $246,734,000 after buying an additional 745,493 shares in the last quarter. Metropolis Capital Ltd acquired a new stake in Ryanair during the 4th quarter worth approximately $28,476,000. Finally, JPMorgan Chase & Co. lifted its holdings in Ryanair by 17.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,983,410 shares of the transportation company’s stock worth $190,487,000 after buying an additional 293,233 shares in the last quarter. Hedge funds and other institutional investors own 43.88% of the company’s stock.

Shares of NASDAQ:RYAAY opened at $75.01 on Tuesday. Ryanair Holdings plc has a 52 week low of $65.61 and a 52 week high of $121.45. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $17.78 billion, a price-to-earnings ratio of 10.64 and a beta of 0.73.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, February 4th. The transportation company reported ($0.10) EPS for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.35). Ryanair had a net margin of 14.65% and a return on equity of 25.18%. The firm had revenue of $1.80 billion during the quarter, compared to analysts’ expectations of $1.80 billion. On average, research analysts forecast that Ryanair Holdings plc will post 5.3 earnings per share for the current year.

A number of equities research analysts have issued reports on RYAAY shares. HSBC upgraded shares of Ryanair from a “reduce” rating to a “buy” rating in a report on Tuesday, January 22nd. Zacks Investment Research upgraded shares of Ryanair from a “hold” rating to a “buy” rating and set a $76.00 target price on the stock in a report on Monday, January 21st. Societe Generale raised shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Tuesday, February 19th. Cantor Fitzgerald raised shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Wednesday, February 6th. Finally, Morgan Stanley downgraded shares of Ryanair from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, January 22nd. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $78.00.

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About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.

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Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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