Pathstone Holdings LLC Has $1.76 Million Stock Position in Ryanair Holdings plc (NASDAQ:RYAAY)

Pathstone Holdings LLC grew its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 36.5% during the 3rd quarter, Holdings Channel reports. The firm owned 38,861 shares of the transportation company’s stock after buying an additional 10,397 shares during the period. Pathstone Holdings LLC’s holdings in Ryanair were worth $1,756,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Gallacher Capital Management LLC increased its position in shares of Ryanair by 4.1% during the 2nd quarter. Gallacher Capital Management LLC now owns 3,796 shares of the transportation company’s stock worth $442,000 after purchasing an additional 150 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in shares of Ryanair by 0.8% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 25,237 shares of the transportation company’s stock worth $2,939,000 after acquiring an additional 212 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings 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 worth $41,000 after acquiring an additional 215 shares during the last quarter. Advisors Asset Management Inc. acquired a new position in shares of Ryanair during the 1st quarter worth approximately $50,000. Finally, Paradigm Asset Management Co. LLC increased its holdings in shares of Ryanair by 87.5% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 750 shares of the transportation company’s stock worth $34,000 after acquiring an additional 350 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on RYAAY. Barclays raised Ryanair from an “equal weight” rating to an “overweight” rating in a report on Friday, October 25th. StockNews.com raised Ryanair from a “hold” rating to a “buy” rating in a report on Thursday, November 14th. UBS Group raised Ryanair from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th. The Goldman Sachs Group raised Ryanair to a “strong-buy” rating in a report on Friday, August 9th. Finally, Citigroup raised Ryanair to a “strong-buy” rating in a report on Friday, August 2nd. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and four have given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $154.67.

Ryanair Stock Performance

Shares of NASDAQ RYAAY opened at $43.86 on Thursday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.81 and a quick ratio of 0.81. The stock’s fifty day moving average price is $54.36 and its two-hundred day moving average price is $92.45. Ryanair Holdings plc has a one year low of $36.96 and a one year high of $60.29. The firm has a market cap of $23.87 billion, a price-to-earnings ratio of 14.62, a P/E/G ratio of 2.52 and a beta of 1.54.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Monday, November 4th. The transportation company reported $2.82 earnings per share for the quarter, missing analysts’ consensus estimates of $2.91 by ($0.09). The company had revenue of $5.57 billion for the quarter, compared to the consensus estimate of $5.59 billion. Ryanair had a net margin of 11.38% and a return on equity of 19.92%. During the same quarter in the previous year, the company posted $2.88 earnings per share. On average, equities analysts forecast that Ryanair Holdings plc will post 2.97 EPS for the current year.

Ryanair 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.