Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $11.00 and last traded at $11.00, with a volume of 1881203 shares trading hands. The stock had previously closed at $10.97.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on RYCEY shares. Vertical Research raised Rolls-Royce Holdings plc to a "strong-buy" rating in a report on Friday, February 28th. Kepler Capital Markets raised Rolls-Royce Holdings plc from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 9th.
Get Our Latest Stock Analysis on Rolls-Royce Holdings plc
Rolls-Royce Holdings plc Trading Up 1.0%
The company has a fifty day moving average price of $10.09 and a 200 day moving average price of $8.57.
Rolls-Royce Holdings plc Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Monday, June 23rd. Stockholders of record on Tuesday, April 22nd will be issued a dividend of $0.0761 per share. The ex-dividend date is Tuesday, April 22nd.
Institutional Trading of Rolls-Royce Holdings plc
Hedge funds have recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its position in Rolls-Royce Holdings plc by 60.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,055 shares of the aerospace company's stock worth $43,000 after buying an additional 2,287 shares during the last quarter. First Horizon Advisors Inc. lifted its position in Rolls-Royce Holdings plc by 152.1% in the 4th quarter. First Horizon Advisors Inc. now owns 6,471 shares of the aerospace company's stock worth $46,000 after buying an additional 3,904 shares during the last quarter. SVB Wealth LLC bought a new stake in Rolls-Royce Holdings plc in the fourth quarter valued at approximately $144,000. Financial Avengers Inc. lifted its position in Rolls-Royce Holdings plc by 32.6% in the fourth quarter. Financial Avengers Inc. now owns 28,500 shares of the aerospace company's stock valued at $203,000 after purchasing an additional 7,000 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in Rolls-Royce Holdings plc by 14.7% in the first quarter. GAMMA Investing LLC now owns 29,344 shares of the aerospace company's stock valued at $288,000 after purchasing an additional 3,771 shares during the last quarter. Institutional investors own 0.07% of the company's stock.
Rolls-Royce Holdings plc Company Profile
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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.
Further Reading
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