Ryanair Holdings plc (NASDAQ:RYAAY) Shares Bought by Zions Bancorporation N.A.

Zions Bancorporation N.A. raised its holdings in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 265.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,820 shares of the transportation company’s stock after acquiring an additional 12,946 shares during the period. Zions Bancorporation N.A.’s holdings in Ryanair were worth $805,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Transcendent Capital Group LLC purchased a new position in shares of Ryanair during the 1st quarter valued at approximately $29,000. EverSource Wealth Advisors LLC boosted its position in shares of Ryanair by 256.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 299 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 215 shares during the last quarter. Advisors Asset Management Inc. acquired a new position in Ryanair in the first quarter valued at about $50,000. Ridgewood Investments LLC acquired a new stake in shares of Ryanair during the second quarter worth about $50,000. Finally, Paradigm Asset Management Co. LLC lifted its position in shares of Ryanair by 87.5% during the third quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock worth $34,000 after purchasing an additional 350 shares in the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. UBS Group upgraded shares of Ryanair from a “hold” rating to a “strong-buy” rating in a research note on Monday. StockNews.com raised Ryanair from a “hold” rating to a “buy” rating in a report on Thursday. Citigroup raised Ryanair to a “strong-buy” rating in a report on Friday, August 2nd. The Goldman Sachs Group raised Ryanair to a “strong-buy” rating in a report on Friday, August 9th. Finally, Barclays raised Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $154.67.

Ryanair Trading Up 1.1 %

Ryanair stock opened at $45.08 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.22. The stock has a market cap of $24.66 billion, a PE ratio of 15.03, a P/E/G ratio of 2.57 and a beta of 1.54. The stock has a 50-day moving average price of $67.66 and a 200 day moving average price of $98.84. Ryanair Holdings plc has a 52 week low of $36.96 and a 52 week high of $60.29.

Ryanair (NASDAQ:RYAAY) last released its quarterly earnings data on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing the consensus estimate of $2.91 by ($0.09). The firm had revenue of $5.57 billion during the quarter, compared to analyst estimates of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same period in the prior year, the firm earned $2.88 earnings per share. Equities research analysts predict that Ryanair Holdings plc will post 2.97 earnings per share for the current fiscal year.

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.