abrdn plc lowered its stake in Ryanair Holdings plc (NASDAQ:RYAAY – Get Rating) by 4.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,959 shares of the transportation company’s stock after selling 570 shares during the quarter. abrdn plc’s holdings in Ryanair were worth $894,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in RYAAY. Allspring Global Investments Holdings LLC bought a new position in shares of Ryanair in the 4th quarter valued at about $30,000. ANTIPODES PARTNERS Ltd bought a new position in Ryanair during the fourth quarter worth about $32,000. Signaturefd LLC grew its holdings in Ryanair by 399.0% during the third quarter. Signaturefd LLC now owns 514 shares of the transportation company’s stock worth $30,000 after purchasing an additional 411 shares during the period. Belpointe Asset Management LLC bought a new position in Ryanair during the fourth quarter worth about $45,000. Finally, Rockefeller Capital Management L.P. grew its holdings in Ryanair by 34.2% during the third quarter. Rockefeller Capital Management L.P. now owns 691 shares of the transportation company’s stock worth $39,000 after purchasing an additional 176 shares during the period. Institutional investors and hedge funds own 42.82% of the company’s stock.
Wall Street Analysts Forecast Growth
RYAAY has been the subject of a number of research analyst reports. Raymond James lifted their price target on Ryanair from $113.00 to $115.00 and gave the stock a “strong-buy” rating in a report on Wednesday, February 1st. Stifel Nicolaus upgraded shares of Ryanair from a “sell” rating to a “buy” rating in a research report on Wednesday, April 19th. Barclays started coverage on shares of Ryanair in a research report on Tuesday, February 21st. They issued an “overweight” rating for the company. StockNews.com started coverage on shares of Ryanair in a research report on Thursday, May 18th. They set a “hold” rating for the company. Finally, TheStreet cut shares of Ryanair from a “b-” rating to a “c” rating in a research note on Monday, January 30th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $43.25.
Ryanair Trading Down 1.3 %
Ryanair Profile
Ryanair Holdings Plc engages in the provision of low fares airline-related services. It also offers ancillary, core air passenger, non-flight scheduled, and internet-related services. It also involved in in-flight sale of beverages, food, and merchandise. It operates through the following segments: Ryanair DAC, Malta Air, and Other Airlines.
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