Capital International Inc. CA Has $98.25 Million Position in Ryanair Holdings PLC $RYAAY

Capital International Inc. CA reduced its holdings in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 7.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,360,934 shares of the transportation company’s stock after selling 106,094 shares during the period. Capital International Inc. CA’s holdings in Ryanair were worth $98,246,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Capital International Investors grew its holdings in Ryanair by 6.6% during the 4th quarter. Capital International Investors now owns 39,929,929 shares of the transportation company’s stock worth $2,884,834,000 after acquiring an additional 2,464,742 shares during the period. Capital World Investors grew its holdings in Ryanair by 9.3% during the 3rd quarter. Capital World Investors now owns 30,738,934 shares of the transportation company’s stock worth $1,851,043,000 after acquiring an additional 2,626,911 shares during the period. JPMorgan Chase & Co. grew its holdings in Ryanair by 13.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,176,538 shares of the transportation company’s stock worth $191,291,000 after acquiring an additional 376,145 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Ryanair by 645,657.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,789,672 shares of the transportation company’s stock worth $201,386,000 after acquiring an additional 2,789,240 shares during the period. Finally, Norges Bank acquired a new stake in Ryanair during the 4th quarter worth about $91,970,000. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Ryanair

In related news, CEO Andreas Gruber sold 13,467 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total value of $350,276.67. Following the transaction, the chief executive officer owned 20,858 shares of the company’s stock, valued at approximately $542,516.58. This trade represents a 39.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CMO Dara Brady sold 8,973 shares of the firm’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $26.01, for a total transaction of $233,387.73. Following the completion of the transaction, the chief marketing officer directly owned 17,550 shares in the company, valued at approximately $456,475.50. The trade was a 33.83% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 111,607 shares of company stock worth $2,918,397.

Analysts Set New Price Targets

A number of analysts have weighed in on RYAAY shares. Evercore upgraded Ryanair from an “in-line” rating to an “outperform” rating and set a $80.00 price target for the company in a report on Thursday, March 12th. Weiss Ratings downgraded Ryanair from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 6th. Erste Group Bank downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, February 18th. Zacks Research cut shares of Ryanair from a “hold” rating to a “strong sell” rating in a research report on Thursday, April 30th. Finally, Sanford C. Bernstein raised shares of Ryanair from a “market perform” rating to an “outperform” rating in a research report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Ryanair has an average rating of “Moderate Buy” and an average target price of $75.67.

Ryanair Price Performance

RYAAY stock opened at $56.98 on Friday. The stock has a market capitalization of $29.67 billion, a PE ratio of 12.10, a price-to-earnings-growth ratio of 1.38 and a beta of 1.15. The company’s 50-day moving average is $58.34 and its 200-day moving average is $64.15. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.90 and a quick ratio of 0.90. Ryanair Holdings PLC has a 1 year low of $53.14 and a 1 year high of $74.24.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Tuesday, May 19th. The transportation company reported ($0.86) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.95) by $0.09. The company had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $3.08 billion. Ryanair had a net margin of 13.95% and a return on equity of 25.58%. Equities research analysts expect that Ryanair Holdings PLC will post 4.51 EPS for the current fiscal year.

About Ryanair

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.