Kinney Asset Management LLC raised its holdings in Ryanair Holdings plc (NASDAQ:RYAAY – Free Report) by 142.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 455,380 shares of the transportation company’s stock after purchasing an additional 267,228 shares during the quarter. Ryanair accounts for 19.3% of Kinney Asset Management LLC’s holdings, making the stock its 3rd largest holding. Kinney Asset Management LLC owned 0.20% of Ryanair worth $20,574,000 as of its most recent SEC filing.
A number of other large investors also recently bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. boosted its position in Ryanair by 11.8% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 13,286 shares of the transportation company’s stock valued at $1,934,000 after buying an additional 1,403 shares during the period. BNP Paribas Financial Markets boosted its stake in Ryanair by 231.0% during the 1st quarter. BNP Paribas Financial Markets now owns 4,713 shares of the transportation company’s stock worth $686,000 after purchasing an additional 3,289 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Ryanair by 2.7% during the first quarter. Janney Montgomery Scott LLC now owns 8,876 shares of the transportation company’s stock worth $1,292,000 after buying an additional 232 shares during the last quarter. Callan Capital LLC acquired a new position in shares of Ryanair in the first quarter valued at approximately $200,000. Finally, Envestnet Portfolio Solutions Inc. raised its position in Ryanair by 5.5% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 5,904 shares of the transportation company’s stock worth $860,000 after buying an additional 307 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.
Ryanair Stock Up 2.9 %
RYAAY stock opened at $45.54 on Friday. The firm has a fifty day moving average price of $77.85 and a two-hundred day moving average price of $104.06. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.93 and a quick ratio of 0.93. Ryanair Holdings plc has a 1-year low of $36.93 and a 1-year high of $60.29. The firm has a market cap of $24.91 billion, a price-to-earnings ratio of 14.86, a PEG ratio of 2.60 and a beta of 1.54.
Analyst Upgrades and Downgrades
Read Our Latest Stock Report on Ryanair
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.
Further Reading
- Five stocks we like better than Ryanair
- ESG Stocks, What Investors Should Know
- From PACs to Portfolios: Billionaire Bets and Investor Reactions
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- AppLovin Stock Quadruples: What’s Behind the Bullish Sentiment?
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Battle of the Retailers: Who Comes Out on Top?
Want to see what other hedge funds are holding RYAAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ryanair Holdings plc (NASDAQ:RYAAY – Free Report).
Receive News & Ratings for Ryanair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryanair and related companies with MarketBeat.com's FREE daily email newsletter.