GAMMA Investing LLC increased its stake in Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Free Report) by 1,025.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 287,865 shares of the aerospace company's stock after acquiring an additional 262,292 shares during the period. GAMMA Investing LLC's holdings in Rolls-Royce Holdings plc were worth $29,344,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the stock. Boothe Investment Group Inc. acquired a new stake in Rolls-Royce Holdings plc during the fourth quarter valued at approximately $8,489,000. SVB Wealth LLC bought a new position in shares of Rolls-Royce Holdings plc in the fourth quarter valued at $144,000. Henry James International Management Inc. lifted its position in shares of Rolls-Royce Holdings plc by 1.6% during the 4th quarter. Henry James International Management Inc. now owns 978,600 shares of the aerospace company's stock valued at $6,962,000 after acquiring an additional 15,436 shares during the last quarter. Financial Avengers Inc. lifted its position in shares of Rolls-Royce Holdings plc by 32.6% during the 4th quarter. Financial Avengers Inc. now owns 28,500 shares of the aerospace company's stock valued at $203,000 after acquiring an additional 7,000 shares during the last quarter. Finally, HighPoint Advisor Group LLC boosted its stake in shares of Rolls-Royce Holdings plc by 17.0% during the 4th quarter. HighPoint Advisor Group LLC now owns 30,464 shares of the aerospace company's stock worth $233,000 after acquiring an additional 4,431 shares in the last quarter. Institutional investors and hedge funds own 0.07% of the company's stock.
Wall Street Analyst Weigh In
RYCEY has been the topic of a number of recent analyst reports. Kepler Capital Markets raised Rolls-Royce Holdings plc from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 9th. Vertical Research raised shares of Rolls-Royce Holdings plc to a "strong-buy" rating in a research note on Friday, February 28th.
Read Our Latest Analysis on Rolls-Royce Holdings plc
Rolls-Royce Holdings plc Price Performance
OTCMKTS:RYCEY traded up $0.15 during trading hours on Friday, hitting $12.14. 3,954,610 shares of the stock traded hands, compared to its average volume of 4,053,531. The firm has a 50 day moving average price of $10.35 and a 200 day moving average price of $8.85. Rolls-Royce Holdings plc has a fifty-two week low of $5.40 and a fifty-two week high of $12.31.
Rolls-Royce Holdings plc Company Profile
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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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