Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Acquires 14 Shares of Company Stock

Key Points

• Insider buying: Helen McCabe acquired 14 Rolls-Royce shares at GBX 1,464 each, worth £204.96, following purchases in August and September.
• Stock performance: Shares fell GBX 33.80 to GBX 1,404.40 during Thursday trading, while the company reported quarterly EPS of GBX 22.17.
• Analyst outlook: Rolls-Royce holds a “Moderate Buy” consensus rating from analysts, with an average price target of GBX 1,690.33.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) insider Helen McCabe acquired 14 shares of the company's stock in a transaction that occurred on Wednesday, October 7th. The stock was acquired at an average cost of GBX 1,464 per share, for a total transaction of £204.96.

Helen McCabe also recently made the following trade(s):

• On Tuesday, September 8th, Helen McCabe purchased 13 shares of Rolls-Royce Holdings plc stock. The stock was bought at an average price of GBX 1,479 per share, with a total value of £192.27.
• On Friday, August 7th, Helen McCabe acquired 9 shares of Rolls-Royce Holdings plc stock. The stock was bought at an average cost of GBX 1,554 per share, for a total transaction of £139.86.

Rolls-Royce Holdings plc Price Performance

Shares of RR stock traded down GBX 33.80 during trading hours on Thursday, reaching GBX 1,404.40. 11,597,329 shares of the company traded hands. Rolls-Royce Holdings plc has a 12-month low of GBX 196.45 and a 12-month high of GBX 537.20. The company has a market cap of £120.45 billion, a P/E ratio of 51.19, a P/E/G ratio of 0.55 and a beta of 1.20. The firm has a 50-day moving average price of GBX 1,492.08 and a 200 day moving average price of GBX 1,357.64.

Rolls-Royce Holdings plc (LON:RR - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported GBX 22.17 earnings per share (EPS) for the quarter. Rolls-Royce Holdings plc had a net margin of 13.11% and a return on equity of 108.91%. Sell-side analysts predict that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have issued reports on the stock. Berenberg Bank boosted their price target on shares of Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the stock a "buy" rating in a research note on Tuesday, August 18th. Jefferies Financial Group reissued a "buy" rating and issued a GBX 1,870 price target on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Royal Bank Of Canada restated an "outperform" rating and issued a GBX 1,600 price target on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Citigroup upped their price objective on Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the stock a "neutral" rating in a research report on Monday, August 17th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 1,325 price objective on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, Rolls-Royce Holdings plc has an average rating of "Moderate Buy" and an average price target of GBX 1,690.33.

Rolls-Royce Holdings plc Company 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. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.

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.