Thornburg Investment Management Inc. Lowers Stake in Ryanair Holdings plc (RYAAY)

Thornburg Investment Management Inc. reduced its position in Ryanair Holdings plc (NASDAQ:RYAAY) by 0.8% during the first quarter, Holdings Channel reports. The firm owned 1,210,215 shares of the transportation company’s stock after selling 9,250 shares during the period. Thornburg Investment Management Inc.’s holdings in Ryanair Holdings plc were worth $100,424,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. World Asset Management Inc raised its stake in shares of Ryanair Holdings plc by 6.6% in the third quarter. World Asset Management Inc now owns 17,045 shares of the transportation company’s stock worth $1,279,000 after buying an additional 1,050 shares in the last quarter. Todd Asset Management LLC raised its stake in shares of Ryanair Holdings plc by 12.7% in the third quarter. Todd Asset Management LLC now owns 331,598 shares of the transportation company’s stock worth $24,880,000 after buying an additional 37,461 shares in the last quarter. Whitebox Advisors LLC acquired a new stake in shares of Ryanair Holdings plc during the third quarter worth $8,457,000. Timber Hill LLC raised its stake in shares of Ryanair Holdings plc by 1.7% in the third quarter. Timber Hill LLC now owns 6,048 shares of the transportation company’s stock worth $454,000 after buying an additional 100 shares in the last quarter. Finally, BlackRock Fund Advisors raised its stake in shares of Ryanair Holdings plc by 1.5% in the third quarter. BlackRock Fund Advisors now owns 661,722 shares of the transportation company’s stock worth $49,649,000 after buying an additional 9,560 shares in the last quarter. 42.80% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Ryanair Holdings plc (NASDAQ:RYAAY)

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) traded up 1.00% during midday trading on Friday, hitting $100.62. The stock had a trading volume of 198,664 shares. Ryanair Holdings plc has a 52-week low of $66.09 and a 52-week high of $101.48. The company’s 50 day moving average is $91.81 and its 200 day moving average is $84.89. The company has a market cap of $24.83 billion, a PE ratio of 17.98 and a beta of 0.72.

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A number of brokerages have recently weighed in on RYAAY. Zacks Investment Research upgraded Ryanair Holdings plc from a “sell” rating to a “buy” rating and set a $109.00 price objective on the stock in a research report on Saturday, May 6th. Kepler Capital Markets lowered Ryanair Holdings plc from a “buy” rating to a “hold” rating in a research report on Friday, February 10th. Deutsche Bank AG upgraded Ryanair Holdings plc from a “hold” rating to a “buy” rating in a research report on Monday, February 13th. Finally, Canaccord Genuity began coverage on Ryanair Holdings plc in a research report on Thursday, January 26th. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company’s stock. Ryanair Holdings plc presently has an average rating of “Buy” and an average target price of $99.50.

Ryanair Holdings plc Company Profile

Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.

12 Month Chart for NASDAQ:RYAAY

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