Truist Financial Corp Has $669,000 Holdings in Ryanair Holdings plc (NASDAQ:RYAAY)

Truist Financial Corp increased its position in shares of Ryanair Holdings plc (NASDAQ:RYAAYGet Rating) by 1.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,458 shares of the transportation company’s stock after acquiring an additional 189 shares during the quarter. Truist Financial Corp’s holdings in Ryanair were worth $669,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Massachusetts Financial Services Co. MA raised its holdings in shares of Ryanair by 11.2% during the second quarter. Massachusetts Financial Services Co. MA now owns 10,007,784 shares of the transportation company’s stock valued at $673,025,000 after acquiring an additional 1,009,514 shares during the period. Baillie Gifford & Co. grew its position in Ryanair by 4.5% during the second quarter. Baillie Gifford & Co. now owns 9,685,552 shares of the transportation company’s stock valued at $651,353,000 after purchasing an additional 417,273 shares in the last quarter. Lazard Asset Management LLC grew its position in Ryanair by 4.4% during the second quarter. Lazard Asset Management LLC now owns 6,042,557 shares of the transportation company’s stock valued at $406,360,000 after purchasing an additional 254,644 shares in the last quarter. Wellington Management Group LLP grew its position in Ryanair by 13.5% during the first quarter. Wellington Management Group LLP now owns 2,071,104 shares of the transportation company’s stock valued at $180,436,000 after purchasing an additional 246,276 shares in the last quarter. Finally, Royal Bank of Canada grew its position in Ryanair by 27.5% during the first quarter. Royal Bank of Canada now owns 2,038,087 shares of the transportation company’s stock valued at $177,557,000 after purchasing an additional 439,740 shares in the last quarter. Institutional investors and hedge funds own 42.82% of the company’s stock.

Ryanair Price Performance

NASDAQ RYAAY opened at $93.66 on Friday. Ryanair Holdings plc has a fifty-two week low of $55.90 and a fifty-two week high of $125.75. The stock’s 50-day moving average is $79.83 and its two-hundred day moving average is $72.65. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a market cap of $21.33 billion, a P/E ratio of 19.97 and a beta of 1.43.

Ryanair (NASDAQ:RYAAYGet Rating) last posted its earnings results on Monday, November 7th. The transportation company reported $5.32 earnings per share for the quarter, missing the consensus estimate of $5.43 by ($0.11). Ryanair had a net margin of 10.85% and a return on equity of 16.66%. The company had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $4.02 billion. On average, analysts anticipate that Ryanair Holdings plc will post 5.63 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently commented on RYAAY. StockNews.com raised shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Tuesday, November 15th. Liberum Capital downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Wednesday, October 12th. TheStreet raised shares of Ryanair from a “c” rating to a “b-” rating in a research report on Tuesday, December 20th. Morgan Stanley started coverage on shares of Ryanair in a research report on Tuesday, January 10th. They issued an “overweight” rating for the company. Finally, JPMorgan Chase & Co. raised their price target on shares of Ryanair from €18.20 ($19.78) to €21.00 ($22.83) and gave the company an “overweight” rating in a report on Thursday, December 15th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Ryanair presently has a consensus rating of “Moderate Buy” and a consensus price target of $43.79.

About Ryanair

(Get Rating)

Ryanair Holdings Plc engages in the provision of low fares airline-related services. It provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food, and merchandise.

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Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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