Henry James International Management Inc. Acquires 97,466 Shares of Rolls-Royce Holdings PLC $RYCEY

Key Points

• Henry James International Management increased its Rolls-Royce Holdings stake by 17.2% in the third quarter, purchasing 97,466 additional shares for a total of 662,815 shares valued at approximately $12.87 million.
• Several other institutional investors also raised their positions, although institutional investors and hedge funds collectively own just 0.07% of the company’s stock.
• RYCEY shares recently traded at $17.83, below their 50-day moving average of $19.90 but above the 12-month low of $13.25; the company operates in civil aerospace, defense, and other industrial power systems.

Henry James International Management Inc. grew its holdings in Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Free Report) by 17.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 662,815 shares of the aerospace company's stock after acquiring an additional 97,466 shares during the quarter. Rolls-Royce Holdings PLC accounts for 3.9% of Henry James International Management Inc.'s portfolio, making the stock its 6th largest holding. Henry James International Management Inc.'s holdings in Rolls-Royce Holdings PLC were worth $12,870,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. raised its stake in Rolls-Royce Holdings PLC by 65.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 11,736 shares of the aerospace company's stock valued at $181,000 after purchasing an additional 4,641 shares during the last quarter. Fulton Bank N.A. grew its holdings in shares of Rolls-Royce Holdings PLC by 28.3% during the 2nd quarter. Fulton Bank N.A. now owns 15,668 shares of the aerospace company's stock worth $300,000 after purchasing an additional 3,454 shares in the last quarter. Ascentis Independent Advisors acquired a new stake in shares of Rolls-Royce Holdings PLC during the 1st quarter worth approximately $350,000. GAMMA Investing LLC increased its position in shares of Rolls-Royce Holdings PLC by 14.5% during the second quarter. GAMMA Investing LLC now owns 46,688 shares of the aerospace company's stock valued at $899,000 after purchasing an additional 5,916 shares during the period. Finally, Financial Avengers Inc. increased its position in shares of Rolls-Royce Holdings PLC by 18.9% during the fourth quarter. Financial Avengers Inc. now owns 78,925 shares of the aerospace company's stock valued at $1,241,000 after purchasing an additional 12,525 shares during the period. Institutional investors and hedge funds own 0.07% of the company's stock.

Rolls-Royce Holdings PLC Price Performance

Shares of OTCMKTS RYCEY traded down $0.10 during trading hours on Wednesday, reaching $17.83. The stock had a trading volume of 536,072 shares, compared to its average volume of 3,198,494. The business's fifty day moving average is $19.90 and its two-hundred day moving average is $18.34. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.93 and a current ratio of 1.24. Rolls-Royce Holdings PLC has a twelve month low of $13.25 and a twelve month high of $21.27.

Rolls-Royce Holdings PLC Profile

Rolls-Royce Holdings plc is a United Kingdom-based industrial technology company that designs, manufactures and services power systems for civil aerospace, defense and other industrial applications. The company is separate from the automobile manufacturer that bears the Rolls-Royce name.

In its civil aerospace business, Rolls-Royce produces large commercial aircraft engines and provides long-term maintenance, repair and overhaul services. Its defense business supplies engines and power systems for military aircraft, naval vessels and land-based applications.

Want to see what other hedge funds are holding RYCEY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.