Tudor Investment Corp ET AL Makes New $640,000 Investment in Ryanair Holdings PLC $RYAAY

by · The Markets Daily

Tudor Investment Corp ET AL bought a new position in shares of Ryanair Holdings PLC (NASDAQ:RYAAYFree Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,628 shares of the transportation company’s stock, valued at approximately $640,000.

A number of other institutional investors have also made changes to their positions in the business. Capital World Investors lifted its position in Ryanair by 9.3% during the 3rd quarter. Capital World Investors now owns 30,738,934 shares of the transportation company’s stock worth $1,851,043,000 after buying an additional 2,626,911 shares in the last quarter. Capital International Investors raised its stake in shares of Ryanair by 2.7% in the third quarter. Capital International Investors now owns 37,465,187 shares of the transportation company’s stock worth $2,250,932,000 after acquiring an additional 1,002,457 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Ryanair by 658.1% in the first quarter. Goldman Sachs Group Inc. now owns 992,245 shares of the transportation company’s stock worth $42,041,000 after acquiring an additional 861,361 shares during the last quarter. Voloridge Investment Management LLC lifted its position in shares of Ryanair by 315.0% during the third quarter. Voloridge Investment Management LLC now owns 655,021 shares of the transportation company’s stock worth $39,445,000 after purchasing an additional 497,174 shares in the last quarter. Finally, Baird Financial Group Inc. grew its stake in shares of Ryanair by 43.1% during the second quarter. Baird Financial Group Inc. now owns 1,423,685 shares of the transportation company’s stock valued at $82,104,000 after purchasing an additional 428,932 shares during the last quarter. 43.66% of the stock is owned by institutional investors.

Ryanair Trading Up 3.4%

RYAAY opened at $57.80 on Wednesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.67 and a quick ratio of 0.67. The company has a market cap of $30.24 billion, a price-to-earnings ratio of 11.61, a price-to-earnings-growth ratio of 0.53 and a beta of 1.22. The firm has a 50 day simple moving average of $65.01 and a 200 day simple moving average of $64.95. Ryanair Holdings PLC has a fifty-two week low of $38.52 and a fifty-two week high of $74.24.

Ryanair (NASDAQ:RYAAYGet Free Report) last announced its quarterly earnings data on Monday, January 26th. The transportation company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.08. Ryanair had a net margin of 15.04% and a return on equity of 29.76%. The firm had revenue of $3.77 billion for the quarter, compared to analysts’ expectations of $3.16 billion. On average, sell-side analysts anticipate that Ryanair Holdings PLC will post 3.09 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Wall Street Zen lowered shares of Ryanair from a “buy” rating to a “hold” rating in a report on Sunday, January 25th. Weiss Ratings upgraded Ryanair from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, March 20th. Sanford C. Bernstein reissued a “market perform” rating and issued a $71.00 target price on shares of Ryanair in a research note on Tuesday, January 27th. Morgan Stanley restated an “overweight” rating on shares of Ryanair in a research report on Tuesday, January 27th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Ryanair in a research note on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $75.67.

View Our Latest Report on RYAAY

Ryanair Company Profile

(Free Report)

Ryanair Holdings plc is an Irish low-cost airline group headquartered in Dublin, Ireland. Founded in 1984, the company grew into one of Europe’s largest budget carriers by offering point-to-point scheduled passenger services with an emphasis on low fares, high aircraft utilization and rapid turnaround times. Ryanair serves a broad network across Europe and nearby regions, focusing on both intra-European leisure travel and short-haul business routes.

The group primarily operates a single-type fleet based on the Boeing 737 family, supplemented by a mix of in-house and subsidiary airlines that help serve different markets and regulatory environments.

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