Natixis Advisors LLC Grows Stock Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Natixis Advisors LLC boosted its position in Ryanair Holdings plc (NASDAQ:RYAAY) by 149.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 980,122 shares of the transportation company’s stock after buying an additional 587,092 shares during the quarter. Natixis Advisors LLC owned approximately 0.18% of Ryanair worth $42,724,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in RYAAY. Massachusetts Financial Services Co. MA grew its position in shares of Ryanair by 188.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 27,263,436 shares of the transportation company’s stock valued at $1,231,762,000 after purchasing an additional 17,810,361 shares in the last quarter. Janus Henderson Group PLC grew its position in shares of Ryanair by 169.7% in the third quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company’s stock valued at $284,893,000 after purchasing an additional 3,967,436 shares in the last quarter. FMR LLC grew its position in shares of Ryanair by 35.3% in the third quarter. FMR LLC now owns 8,734,646 shares of the transportation company’s stock valued at $394,631,000 after purchasing an additional 2,279,679 shares in the last quarter. JPMorgan Chase & Co. grew its position in Ryanair by 145.6% during the third quarter. JPMorgan Chase & Co. now owns 3,779,187 shares of the transportation company’s stock worth $170,744,000 after buying an additional 2,240,230 shares in the last quarter. Finally, Franklin Resources Inc. grew its position in Ryanair by 142.2% during the third quarter. Franklin Resources Inc. now owns 1,839,384 shares of the transportation company’s stock worth $81,282,000 after buying an additional 1,079,920 shares in the last quarter. 43.66% of the stock is currently owned by hedge funds and other institutional investors.

Ryanair Price Performance

RYAAY opened at $47.30 on Monday. The stock has a 50-day moving average price of $45.65 and a 200-day moving average price of $55.38. Ryanair Holdings plc has a 12-month low of $36.96 and a 12-month high of $60.29. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $25.42 billion, a P/E ratio of 14.50, a PEG ratio of 2.01 and a beta of 1.46.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. Equities analysts predict that Ryanair Holdings plc will post 3.09 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, StockNews.com cut Ryanair from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. Five equities research analysts have rated the stock with a hold rating, two have given a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Ryanair has a consensus rating of “Moderate Buy” and an average target price of $151.00.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.