FNY Investment Advisers LLC Has $2.53 Million Position in Ryanair Holdings plc (RYAAY)

FNY Investment Advisers LLC raised its holdings in Ryanair Holdings plc (NASDAQ:RYAAY) by 141.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,762 shares of the transportation company’s stock after purchasing an additional 19,762 shares during the period. Ryanair accounts for about 0.9% of FNY Investment Advisers LLC’s holdings, making the stock its 20th biggest position. FNY Investment Advisers LLC’s holdings in Ryanair were worth $2,530,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of RYAAY. JPMorgan Chase & Co. increased its stake in shares of Ryanair by 17.3% in the third quarter. JPMorgan Chase & Co. now owns 1,983,410 shares of the transportation company’s stock worth $190,487,000 after purchasing an additional 293,233 shares in the last quarter. Alliancebernstein L.P. boosted its position in shares of Ryanair by 33.9% in the third quarter. Alliancebernstein L.P. now owns 8,400 shares of the transportation company’s stock valued at $807,000 after acquiring an additional 2,127 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Ryanair by 281.8% in the third quarter. Bank of New York Mellon Corp now owns 135,340 shares of the transportation company’s stock valued at $12,998,000 after acquiring an additional 99,891 shares during the period. PNC Financial Services Group Inc. boosted its position in shares of Ryanair by 95.5% in the third quarter. PNC Financial Services Group Inc. now owns 5,358 shares of the transportation company’s stock valued at $515,000 after acquiring an additional 2,617 shares during the period. Finally, BlackRock Inc. boosted its position in shares of Ryanair by 0.7% in the third quarter. BlackRock Inc. now owns 913,158 shares of the transportation company’s stock valued at $87,699,000 after acquiring an additional 6,301 shares during the period. Hedge funds and other institutional investors own 43.83% of the company’s stock.

A number of equities analysts have recently commented on the stock. BidaskClub upgraded shares of Ryanair from a “sell” rating to a “hold” rating in a research report on Tuesday, April 16th. ValuEngine upgraded shares of Ryanair from a “strong sell” rating to a “sell” rating in a research report on Monday, April 1st. Cantor Fitzgerald upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Wednesday, February 6th. Raymond James upgraded shares of Ryanair from a “market perform” rating to an “outperform” rating and set a $85.00 price objective for the company in a research report on Wednesday, January 30th. They noted that the move was a valuation call. Finally, Morgan Stanley lowered shares of Ryanair from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, January 22nd. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $78.00.

Shares of Ryanair stock opened at $72.19 on Friday. Ryanair Holdings plc has a 1 year low of $65.61 and a 1 year high of $121.45. The company has a market cap of $17.78 billion, a price-to-earnings ratio of 10.24 and a beta of 0.73. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.91 and a quick ratio of 0.91.

Ryanair (NASDAQ:RYAAY) last announced its earnings results on Monday, February 4th. The transportation company reported ($0.10) earnings per share (EPS) for the quarter, missing the 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 company had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.80 billion. Equities research analysts predict that Ryanair Holdings plc will post 5.3 earnings per share for the current fiscal year.

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Ryanair Company Profile

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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