Harbor Investment Advisory LLC boosted its holdings in Ryanair Holdings plc (NASDAQ:RYAAY – Get Rating) by 8.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,471 shares of the transportation company's stock after purchasing an additional 192 shares during the period. Harbor Investment Advisory LLC's holdings in Ryanair were worth $166,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RYAAY. Harding Loevner LP purchased a new position in Ryanair in the first quarter valued at about $48,000. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in Ryanair by 55.7% in the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,183 shares of the transportation company's stock valued at $100,000 after purchasing an additional 423 shares during the last quarter. Compagnie Lombard Odier SCmA bought a new position in Ryanair during the 1st quarter worth approximately $122,000. Zions Bancorporation N.A. lifted its holdings in Ryanair by 26.0% during the 1st quarter. Zions Bancorporation N.A. now owns 1,900 shares of the transportation company's stock worth $166,000 after buying an additional 392 shares during the last quarter. Finally, Point72 Europe London LLP bought a new position in Ryanair during the 4th quarter worth approximately $201,000. Hedge funds and other institutional investors own 43.70% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have commented on the company. UBS Group increased their target price on Ryanair from €19.20 ($19.59) to €21.00 ($21.43) in a report on Wednesday, August 10th. JPMorgan Chase & Co. raised their price target on Ryanair from €19.00 ($19.39) to €19.20 ($19.59) and gave the stock an "overweight" rating in a report on Tuesday, July 26th. Stifel Nicolaus downgraded Ryanair from a "hold" rating to a "sell" rating in a report on Wednesday, September 14th. Finally, Raymond James cut their price target on Ryanair from $125.00 to $112.00 and set a "strong-buy" rating on the stock in a report on Tuesday, July 5th. One analyst has rated the stock with a sell rating, three have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $49.78.

Ryanair Price Performance

Ryanair (NASDAQ:RYAAY – Get Rating) last posted its quarterly earnings results on Monday, July 25th. The transportation company reported $0.80 earnings per share for the quarter, topping analysts' consensus estimates of $0.69 by $0.11. The business had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.73 billion. Ryanair had a net margin of 3.13% and a return on equity of 1.85%. Analysts expect that Ryanair Holdings plc will post 5.43 EPS for the current year.

Ryanair Profile

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Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and other European countries. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services; in-flight sale of beverages, food, duty-free, and merchandise; and marketing of car hire and accommodation services, and travel insurance through its website and mobile app.

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