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Mcintyre Freedman & Flynn Investment Advisers Inc. Buys New Stake in Rolls-Royce Holdings PLC $RYCEY

Rolls-Royce Holdings PLC logo with Aerospace background
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Key Points

  • Mcintyre Freedman & Flynn bought a new Q3 position of 104,325 Rolls‑Royce shares (~$1.69M); several other firms (including AdvisorShares with a ~$1.08M new stake) also added positions while institutional ownership remains about 0.07%.
  • Royal Bank of Canada initiated coverage with an "outperform" rating, and the consensus on the stock is a "Moderate Buy" (2 Buy, 2 Hold).
  • Shares opened at $16.35 and were down 5.7%, trading in a 12‑month range of $8.01–$18.98; the company has a debt-to-equity of 1.17 and a current ratio of 1.25.
  • Interested in Rolls-Royce Holdings PLC? Here are five stocks we like better.

Mcintyre Freedman & Flynn Investment Advisers Inc. purchased a new position in Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 104,325 shares of the aerospace company's stock, valued at approximately $1,690,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. ORG Partners LLC boosted its holdings in Rolls-Royce Holdings PLC by 115.3% during the third quarter. ORG Partners LLC now owns 1,970 shares of the aerospace company's stock valued at $32,000 after purchasing an additional 1,055 shares in the last quarter. Salomon & Ludwin LLC raised its holdings in shares of Rolls-Royce Holdings PLC by 2,646.8% in the 3rd quarter. Salomon & Ludwin LLC now owns 3,049 shares of the aerospace company's stock worth $48,000 after buying an additional 2,938 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Rolls-Royce Holdings PLC by 8.8% during the 3rd quarter. GAMMA Investing LLC now owns 37,471 shares of the aerospace company's stock worth $607,000 after buying an additional 3,028 shares during the period. HighPoint Advisor Group LLC lifted its position in shares of Rolls-Royce Holdings PLC by 7.1% during the 3rd quarter. HighPoint Advisor Group LLC now owns 38,808 shares of the aerospace company's stock worth $629,000 after buying an additional 2,583 shares during the period. Finally, AdvisorShares Investments LLC acquired a new stake in Rolls-Royce Holdings PLC in the 3rd quarter valued at $1,077,000. Institutional investors own 0.07% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada initiated coverage on Rolls-Royce Holdings PLC in a research report on Tuesday, November 18th. They issued an "outperform" rating on the stock. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Rolls-Royce Holdings PLC presently has a consensus rating of "Moderate Buy".

Check Out Our Latest Report on Rolls-Royce Holdings PLC

Rolls-Royce Holdings PLC Stock Down 5.7%

OTCMKTS:RYCEY opened at $16.35 on Friday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.94 and a current ratio of 1.25. Rolls-Royce Holdings PLC has a 12 month low of $8.01 and a 12 month high of $18.98. The company's 50-day moving average price is $17.45 and its two-hundred day moving average price is $15.92.

Rolls-Royce Holdings PLC Company Profile

(Free Report)

Rolls-Royce Holdings plc is a UK-based multinational engineering company that designs, manufactures and services power systems for the civil and defence aerospace, marine and energy markets. The company's core activities include the development and production of turbine engines for commercial and military aircraft, propulsion and power systems for naval vessels, and industrial gas turbines for power generation and distributed energy applications. A significant portion of its business is focused on aftermarket support, providing maintenance, repair and overhaul (MRO) services and long-term service agreements to customers worldwide.

In aerospace, Rolls‑Royce is best known for its high-thrust turbofan engines used on widebody and regional aircraft, supported by comprehensive service programs and digital monitoring solutions that optimize engine health and operational availability.

Further Reading

Institutional Ownership by Quarter for Rolls-Royce Holdings PLC (OTCMKTS:RYCEY)

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