Boothe Investment Group Inc. acquired a new stake in Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,193,163 shares of the aerospace company's stock, valued at approximately $8,489,000. Rolls-Royce Holdings plc makes up approximately 3.7% of Boothe Investment Group Inc.'s portfolio, making the stock its 7th biggest position.
A number of other large investors have also added to or reduced their stakes in the company. First Horizon Advisors Inc. raised its holdings in Rolls-Royce Holdings plc by 152.1% in the fourth quarter. First Horizon Advisors Inc. now owns 6,471 shares of the aerospace company's stock worth $46,000 after purchasing an additional 3,904 shares in the last quarter. GAMMA Investing LLC raised its holdings in Rolls-Royce Holdings plc by 35.7% in the fourth quarter. GAMMA Investing LLC now owns 25,573 shares of the aerospace company's stock worth $182,000 after purchasing an additional 6,727 shares in the last quarter. Finally, Financial Avengers Inc. raised its holdings in Rolls-Royce Holdings plc by 13.2% in the third quarter. Financial Avengers Inc. now owns 21,500 shares of the aerospace company's stock worth $152,000 after purchasing an additional 2,500 shares in the last quarter. 0.07% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Separately, Citigroup downgraded shares of Rolls-Royce Holdings plc from a "buy" rating to a "neutral" rating in a report on Monday, January 6th.
View Our Latest Analysis on RYCEY
Rolls-Royce Holdings plc Price Performance
Shares of RYCEY stock traded up $1.15 during trading hours on Thursday, reaching $9.17. 6,691,577 shares of the company's stock were exchanged, compared to its average volume of 3,152,484. Rolls-Royce Holdings plc has a 1 year low of $4.59 and a 1 year high of $9.47. The stock's fifty day moving average price is $7.40 and its two-hundred day moving average price is $7.10.
About Rolls-Royce Holdings plc
(
Free Report)
Rolls-Royce Holdings plc develops and delivers complex power and propulsion solutions for air, sea, and land in the United Kingdom and internationally. The company operates through four segments: Civil Aerospace, Defence, Power Systems, and New Markets. The Civil Aerospace segment develops, manufactures, markets, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well as provides aftermarket services.
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