Creative Planning Grows Stake in Ryanair Holdings plc (NASDAQ:RYAAY)

Creative Planning boosted its position in Ryanair Holdings plc (NASDAQ:RYAAY) by 152.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 14,211 shares of the transportation company’s stock after purchasing an additional 8,579 shares during the period. Creative Planning’s holdings in Ryanair were worth $642,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the company. Transcendent Capital Group LLC purchased a new position in shares of Ryanair in the first quarter worth approximately $29,000. EverSource Wealth Advisors LLC boosted its stake 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. bought a new stake in shares of Ryanair during the 1st quarter valued at $50,000. Ridgewood Investments LLC purchased a new stake in shares of Ryanair in the 2nd quarter worth $50,000. Finally, GAMMA Investing LLC raised its holdings in Ryanair by 261.5% in the 3rd quarter. GAMMA Investing LLC now owns 893 shares of the transportation company’s stock worth $40,000 after purchasing an additional 646 shares during the period. 43.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on RYAAY shares. Hsbc Global Res raised Ryanair to a “hold” rating in a report on Friday, July 12th. HSBC cut shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, July 12th. Sanford C. Bernstein reduced their price objective on shares of Ryanair from $149.00 to $147.00 and set an “outperform” rating for the company in a research note on Thursday, August 29th. The Goldman Sachs Group upgraded shares of Ryanair to a “strong-buy” rating in a research note on Friday, August 9th. Finally, Citigroup upgraded Ryanair to a “strong-buy” rating in a research note on Friday, August 2nd. Six equities research analysts have rated the stock with a hold rating, two have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, Ryanair presently has a consensus rating of “Moderate Buy” and a consensus target price of $154.67.

Ryanair Stock Down 3.2 %

Shares of RYAAY stock opened at $44.06 on Tuesday. The company’s fifty day simple moving average is $76.64 and its two-hundred day simple moving average is $103.19. Ryanair Holdings plc has a 52 week low of $36.96 and a 52 week high of $60.29. The stock has a market cap of $24.10 billion, a P/E ratio of 14.38, a PEG ratio of 2.60 and a beta of 1.54. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.32.

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.