L & S Advisors Inc Acquires 40,691 Shares of Rolls-Royce Holdings PLC $RYCEY

Key Points

• L & S Advisors Inc. raised its stake in Rolls‑Royce by 16.4% in Q2, purchasing 40,691 shares to hold 288,058 shares worth about $3.85 million.
• Other institutional activity included Bowen Hanes & Co. building a new position of roughly $27.8 million and additional buys from GAMMA, Yousif, Sterling and Torray, while reported institutional ownership remains about 0.07%.
• Shares trade near $14.76 (50‑day MA $15.43, 200‑day MA $13.70) with a 12‑month range of $6.70–$16.27, and analysts' consensus is a "Moderate Buy" (1 Strong Buy, 1 Buy, 3 Hold).

L & S Advisors Inc raised its stake in Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Free Report) by 16.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 288,058 shares of the aerospace company's stock after purchasing an additional 40,691 shares during the period. L & S Advisors Inc's holdings in Rolls-Royce Holdings PLC were worth $3,854,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bowen Hanes & Co. Inc. purchased a new position in shares of Rolls-Royce Holdings PLC during the first quarter valued at approximately $27,782,000. GAMMA Investing LLC grew its stake in shares of Rolls-Royce Holdings PLC by 17.4% in the 2nd quarter. GAMMA Investing LLC now owns 34,443 shares of the aerospace company's stock worth $461,000 after acquiring an additional 5,099 shares in the last quarter. Sterling Investment Advisors Ltd. bought a new position in shares of Rolls-Royce Holdings PLC during the second quarter valued at about $174,000. Yousif Capital Management LLC grew its position in Rolls-Royce Holdings PLC by 7.8% in the 2nd quarter. Yousif Capital Management LLC now owns 107,032 shares of the aerospace company's stock worth $1,419,000 after purchasing an additional 7,705 shares in the last quarter. Finally, Torray Investment Partners LLC bought a new stake in Rolls-Royce Holdings PLC in the second quarter worth about $669,000. Institutional investors own 0.07% of the company's stock.

Rolls-Royce Holdings PLC Price Performance

Shares of OTCMKTS RYCEY opened at $14.76 on Friday. The business has a 50-day moving average of $15.43 and a 200-day moving average of $13.70. Rolls-Royce Holdings PLC has a 12 month low of $6.70 and a 12 month high of $16.27.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. Berenberg Bank raised shares of Rolls-Royce Holdings PLC to a "hold" rating in a report on Monday, October 20th. The Goldman Sachs Group started coverage on Rolls-Royce Holdings PLC in a research note on Friday, September 19th. They issued a "buy" rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, Rolls-Royce Holdings PLC has an average rating of "Moderate Buy".

Rolls-Royce Holdings PLC Profile

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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