Rolls-Royce Holdings PLC $RYCEY Shares Sold by Hantz Financial Services Inc.

Key Points

• Hantz Financial Services Inc. reduced its stake in Rolls-Royce Holdings PLC by 86.5%, now holding 13,280 shares worth $177,000 after selling 84,906 shares in the second quarter.
• The company declared a $0.0596 dividend with a yield of 97.0%, which was paid on September 25th.
• Analysts provide a mixed outlook, with recent upgrades including a buy rating from Goldman Sachs and a consensus rating classified as a "Moderate Buy."

Hantz Financial Services Inc. cut its stake in shares of Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Free Report) by 86.5% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 13,280 shares of the aerospace company's stock after selling 84,906 shares during the period. Hantz Financial Services Inc.'s holdings in Rolls-Royce Holdings PLC were worth $177,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RYCEY. First Horizon Advisors Inc. lifted its position in Rolls-Royce Holdings PLC by 31.8% during the 1st quarter. First Horizon Advisors Inc. now owns 8,526 shares of the aerospace company's stock worth $84,000 after acquiring an additional 2,055 shares in the last quarter. L & S Advisors Inc acquired a new position in Rolls-Royce Holdings PLC during the 1st quarter worth approximately $2,427,000. Bowen Hanes & Co. Inc. acquired a new position in Rolls-Royce Holdings PLC during the 1st quarter worth approximately $27,782,000. GAMMA Investing LLC lifted its position in Rolls-Royce Holdings PLC by 17.4% during 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. Finally, Sterling Investment Advisors Ltd. acquired a new position in Rolls-Royce Holdings PLC during the 2nd quarter worth approximately $174,000. 0.07% of the stock is owned by institutional investors and hedge funds.

Rolls-Royce Holdings PLC Stock Up 0.6%

Shares of RYCEY opened at $15.55 on Monday. The business's 50 day moving average is $15.29 and its two-hundred day moving average is $13.41. Rolls-Royce Holdings PLC has a 52-week low of $6.70 and a 52-week high of $16.27.

Rolls-Royce Holdings PLC Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, September 25th. Stockholders of record on Tuesday, August 12th were issued a $0.0596 dividend. This represents a dividend yield of 97.0%. The ex-dividend date was Monday, August 11th.

Analyst Upgrades and Downgrades

RYCEY has been the topic of a number of recent analyst reports. Berenberg Bank raised Rolls-Royce Holdings PLC to a "hold" rating in a research report on Monday, October 20th. The Goldman Sachs Group initiated coverage on Rolls-Royce Holdings PLC in a research report on Friday, September 19th. They issued a "buy" rating on the stock. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy".

About Rolls-Royce Holdings PLC

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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