70,681 Shares in Ryanair Holdings plc (NASDAQ:RYAAY) Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC acquired a new stake in Ryanair Holdings plc (NASDAQ:RYAAY) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 70,681 shares of the transportation company’s stock, valued at approximately $9,426,000.

Other institutional investors have also bought and sold shares of the company. Cornerstone Planning Group LLC increased its position in Ryanair by 1,523.5% during the third quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company’s stock worth $27,000 after purchasing an additional 259 shares during the last quarter. Bruce G. Allen Investments LLC acquired a new stake in shares of Ryanair during the 4th quarter worth approximately $31,000. Advisors Preferred LLC acquired a new stake in shares of Ryanair during the 4th quarter worth approximately $31,000. Tucker Asset Management LLC purchased a new stake in shares of Ryanair during the 3rd quarter valued at approximately $39,000. Finally, Cary Street Partners Investment Advisory LLC lifted its holdings in Ryanair by 86.0% in the third quarter. Cary Street Partners Investment Advisory LLC now owns 571 shares of the transportation company’s stock valued at $56,000 after acquiring an additional 264 shares during the last quarter. 43.66% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Evercore ISI lifted their price target on shares of Ryanair from $145.00 to $155.00 and gave the company an “in-line” rating in a research report on Thursday, April 4th. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Ryanair currently has a consensus rating of “Moderate Buy” and an average price target of $158.50.

Ryanair Stock Up 0.7 %

Shares of RYAAY opened at $141.34 on Tuesday. The company’s 50-day simple moving average is $141.53 and its 200-day simple moving average is $129.19. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.00 and a current ratio of 1.00. Ryanair Holdings plc has a 1 year low of $87.18 and a 1 year high of $150.73. The stock has a market capitalization of $32.23 billion, a PE ratio of 14.56, a P/E/G ratio of 0.71 and a beta of 1.59.

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.