Ryanair Holdings plc (NASDAQ:RYAAY) Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA decreased its position in Ryanair Holdings plc (NASDAQ:RYAAY) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,045,772 shares of the transportation company’s stock after selling 22,478 shares during the quarter. Primecap Management Co. CA owned 0.19% of Ryanair worth $45,585,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in RYAAY. R Squared Ltd purchased a new position in Ryanair in the fourth quarter valued at approximately $42,000. EverSource Wealth Advisors LLC increased its stake in Ryanair by 32.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 236 shares during the last quarter. Pinnacle Bancorp Inc. increased its stake in Ryanair by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock valued at $47,000 after purchasing an additional 645 shares during the last quarter. TD Private Client Wealth LLC increased its stake in Ryanair by 148.6% in the third quarter. TD Private Client Wealth LLC now owns 1,186 shares of the transportation company’s stock valued at $54,000 after purchasing an additional 709 shares during the last quarter. Finally, GAMMA Investing LLC increased its stake in Ryanair by 125.4% in the fourth quarter. GAMMA Investing LLC now owns 2,013 shares of the transportation company’s stock valued at $88,000 after purchasing an additional 1,120 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Ryanair Stock Performance

Shares of RYAAY opened at $47.10 on Wednesday. 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 firm has a market cap of $25.12 billion, a PE ratio of 14.44, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. The company’s 50 day simple moving average is $45.79 and its 200-day simple moving average is $54.49. Ryanair Holdings plc has a 12-month low of $36.96 and a 12-month high of $60.29.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Five research analysts have rated the stock with a hold rating, two have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus 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.