Zions Bancorporation N.A. Purchases 11,317 Shares of Ryanair Holdings plc (NASDAQ:RYAAY)

Zions Bancorporation N.A. increased its position in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 63.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 29,137 shares of the transportation company’s stock after acquiring an additional 11,317 shares during the period. Zions Bancorporation N.A.’s holdings in Ryanair were worth $1,270,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fox Run Management L.L.C. bought a new stake in shares of Ryanair during the fourth quarter worth about $922,000. Sei Investments Co. boosted its position in Ryanair by 2.4% during the 4th quarter. Sei Investments Co. now owns 1,495,511 shares of the transportation company’s stock worth $65,189,000 after buying an additional 34,426 shares during the period. Quantbot Technologies LP bought a new stake in Ryanair during the 4th quarter worth approximately $462,000. Virtu Financial LLC increased its position in Ryanair by 65.8% in the 4th quarter. Virtu Financial LLC now owns 10,083 shares of the transportation company’s stock valued at $439,000 after acquiring an additional 4,003 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Ryanair by 1.7% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 411,634 shares of the transportation company’s stock valued at $17,943,000 after acquiring an additional 6,894 shares during the last quarter. Institutional investors and hedge funds own 43.66% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $151.00.

Ryanair Price Performance

Shares of NASDAQ RYAAY opened at $45.52 on Wednesday. The company has a market capitalization of $24.28 billion, a PE ratio of 13.95, a P/E/G ratio of 2.01 and a beta of 1.46. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair Holdings plc has a twelve month low of $36.96 and a twelve month high of $60.29. The firm has a fifty day simple moving average of $46.10 and a 200 day simple moving average of $52.20.

Ryanair (NASDAQ:RYAAY) last posted its quarterly earnings data on Monday, February 3rd. The transportation company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.20. Ryanair had a return on equity of 21.46% and a net margin of 12.14%. On average, sell-side analysts forecast that Ryanair Holdings plc will post 3.09 EPS for the current year.

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.