Tower Research Capital LLC TRC Has $193000 Position in Ryanair Holdings plc

Tower Research Capital LLC TRC lowered its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 44.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,008 shares of the transportation company’s stock after selling 1,637 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Ryanair were worth $193,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of RYAAY. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of Ryanair by 1,804.1% during the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 12,643 shares of the transportation company’s stock valued at $1,444,000 after acquiring an additional 11,979 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in shares of Ryanair by 30.5% during the 2nd quarter. Great West Life Assurance Co. Can now owns 166,461 shares of the transportation company’s stock valued at $19,008,000 after acquiring an additional 38,913 shares during the last quarter. Mitchell Capital Management Co. increased its stake in shares of Ryanair by 38.6% during the 2nd quarter. Mitchell Capital Management Co. now owns 4,996 shares of the transportation company’s stock valued at $571,000 after acquiring an additional 1,392 shares during the last quarter. Raymond James & Associates increased its stake in shares of Ryanair by 5.8% during the 2nd quarter. Raymond James & Associates now owns 65,088 shares of the transportation company’s stock valued at $7,435,000 after acquiring an additional 3,561 shares during the last quarter. Finally, First Republic Investment Management Inc. increased its stake in shares of Ryanair by 16.4% during the 2nd quarter. First Republic Investment Management Inc. now owns 12,111 shares of the transportation company’s stock valued at $1,384,000 after acquiring an additional 1,705 shares during the last quarter. 43.58% of the stock is owned by institutional investors.

Shares of NASDAQ:RYAAY traded down $0.92 during midday trading on Friday, reaching $72.23. The company had a trading volume of 865,443 shares, compared to its average volume of 561,138. The firm has a market capitalization of $16.86 billion, a price-to-earnings ratio of 10.25 and a beta of 0.89. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.62. Ryanair Holdings plc has a 1-year low of $67.56 and a 1-year high of $127.61.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings data on Monday, October 22nd. The transportation company reported $4.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.62 by ($0.20). Ryanair had a return on equity of 27.63% and a net margin of 17.13%. The business had revenue of $3.21 billion during the quarter, compared to analysts’ expectations of $3.22 billion. Equities analysts predict that Ryanair Holdings plc will post 5.7 earnings per share for the current year.

A number of analysts have recently issued reports on RYAAY shares. ValuEngine upgraded Ryanair from a “sell” rating to a “hold” rating in a report on Monday, September 17th. BidaskClub upgraded Ryanair from a “strong sell” rating to a “sell” rating in a report on Saturday, September 29th. TheStreet cut Ryanair from a “b-” rating to a “c+” rating in a report on Thursday, November 15th. Macquarie started coverage on Ryanair in a report on Tuesday, November 27th. They set an “underperform” rating for the company. Finally, Zacks Investment Research upgraded Ryanair from a “strong sell” rating to a “buy” rating and set a $83.00 target price for the company in a report on Tuesday, December 11th. Three research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $83.00.

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Ryanair Profile

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.

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Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

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