Ryanair Holdings PLC $RYAAY Shares Acquired by U S Global Investors Inc.

U S Global Investors Inc. lifted its stake in shares of Ryanair Holdings PLC (NASDAQ:RYAAY) by 9.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 153,149 shares of the transportation company’s stock after acquiring an additional 13,396 shares during the quarter. Ryanair accounts for 0.8% of U S Global Investors Inc.’s portfolio, making the stock its 27th largest holding. U S Global Investors Inc.’s holdings in Ryanair were worth $8,425,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of RYAAY. Janus Henderson Group PLC raised its position in shares of Ryanair by 3.3% during the first quarter. Janus Henderson Group PLC now owns 5,752,264 shares of the transportation company’s stock worth $332,480,000 after purchasing an additional 185,110 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Ryanair by 0.4% during the second quarter. Wellington Management Group LLP now owns 4,007,671 shares of the transportation company’s stock valued at $259,497,000 after purchasing an additional 14,074 shares during the last quarter. Metropolis Capital Ltd boosted its position in shares of Ryanair by 10.8% in the 1st quarter. Metropolis Capital Ltd now owns 3,949,246 shares of the transportation company’s stock valued at $228,266,000 after purchasing an additional 385,444 shares during the period. Trinity Street Asset Management LLP boosted its position in shares of Ryanair by 3.2% in the 2nd quarter. Trinity Street Asset Management LLP now owns 3,567,449 shares of the transportation company’s stock valued at $230,992,000 after purchasing an additional 110,700 shares during the period. Finally, Sei Investments Co. boosted its position in shares of Ryanair by 34.3% in the 1st quarter. Sei Investments Co. now owns 2,172,317 shares of the transportation company’s stock valued at $125,560,000 after purchasing an additional 555,029 shares during the period. 43.65% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings lowered shares of Ryanair from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, September 4th. Barclays cut shares of Ryanair from an “overweight” rating to an “equal weight” rating in a research note on Friday, October 9th. Citigroup reiterated a “buy” rating on shares of Ryanair in a report on Wednesday, July 1st. Sanford C. Bernstein reiterated an “outperform” rating on shares of Ryanair in a research note on Tuesday, July 21st. Finally, Zacks Research raised shares of Ryanair from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 13th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $73.97.

Ryanair Trading Down 0.8%

NASDAQ:RYAAY opened at $53.67 on Friday. The firm has a 50 day moving average of $54.56 and a 200-day moving average of $58.07. Ryanair Holdings PLC has a 1 year low of $51.02 and a 1 year high of $74.24. The stock has a market capitalization of $27.80 billion, a P/E ratio of 12.44, a price-to-earnings-growth ratio of 4.43 and a beta of 1.19.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings data on Friday, July 17th. The transportation company reported $1.19 EPS for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.18). Ryanair had a return on equity of 21.23% and a net margin of 12.14%. The business had revenue of $5 billion during the quarter, compared to analyst estimates of $5.06 billion. As a group, analysts forecast that Ryanair Holdings PLC will post 3.76 EPS for the current fiscal year.

Ryanair Company Profile

Ryanair Holdings plc is an Ireland-based airline group and the parent company of Ryanair, one of Europe’s largest low-cost carriers. The group operates a primarily short-haul network focused on affordable air travel, offering scheduled passenger flights, seat reservations, priority boarding, and related travel services.

Ryanair’s airline operations include Ryanair DAC, Malta Air, Buzz, Lauda, and Ryanair UK. Together, these carriers serve destinations across Europe and selected markets in North Africa and the Middle East, connecting major cities and regional airports through a point-to-point route network.