Ryanair Holdings plc (NASDAQ:RYAAY) Shares Acquired by Simplicity Solutions LLC

Simplicity Solutions LLC lifted its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 4.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,213 shares of the transportation company’s stock after acquiring an additional 373 shares during the quarter. Simplicity Solutions LLC’s holdings in Ryanair were worth $1,095,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Cornerstone Planning Group LLC increased its position in shares of Ryanair by 1,523.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 259 shares during the last quarter. Bruce G. Allen Investments LLC purchased a new position in Ryanair in the fourth quarter valued at $31,000. Advisors Preferred LLC acquired a new stake in Ryanair in the fourth quarter valued at $31,000. Tucker Asset Management LLC purchased a new stake in Ryanair during the 3rd quarter worth about $39,000. Finally, Cary Street Partners Investment Advisory LLC boosted its position in shares of Ryanair by 86.0% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 571 shares of the transportation company’s stock worth $56,000 after acquiring an additional 264 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Raymond James boosted their target price on Ryanair from $140.00 to $162.00 and gave the stock a “strong-buy” rating in a research note on Monday, December 18th. StockNews.com downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Friday, January 5th. Finally, Evercore ISI increased their target price on shares of Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a research report on Thursday, April 4th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $158.50.

Ryanair Price Performance

Ryanair stock opened at $138.11 on Tuesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.00 and a quick ratio of 1.00. The business has a 50 day simple moving average of $141.70 and a 200-day simple moving average of $124.56. Ryanair Holdings plc has a 12 month low of $87.18 and a 12 month high of $150.73. The stock has a market capitalization of $31.49 billion, a PE ratio of 14.22, a price-to-earnings-growth ratio of 0.71 and a beta of 1.59.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, January 29th. The transportation company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.28). Ryanair had a return on equity of 29.39% and a net margin of 15.64%. The firm had revenue of $2.91 billion for the quarter, compared to analysts’ expectations of $2.96 billion. Equities analysts predict that Ryanair Holdings plc will post 9.27 earnings per share for the current year.

Ryanair Company Profile

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.