Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $12.00 and last traded at $11.97, with a volume of 4215623 shares trading hands. The stock had previously closed at $11.61.
Analysts Set New Price Targets
RYCEY has been the subject of a number of research reports. Vertical Research raised shares of Rolls-Royce Holdings plc to a "strong-buy" rating in a research report on Friday, February 28th. Kepler Capital Markets raised Rolls-Royce Holdings plc from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 9th.
Check Out Our Latest Research Report on RYCEY
Rolls-Royce Holdings plc Trading Up 1.3%
The firm's fifty day moving average price is $10.35 and its 200-day moving average price is $8.85.
Hedge Funds Weigh In On Rolls-Royce Holdings plc
Several institutional investors and hedge funds have recently modified their holdings of RYCEY. Boothe Investment Group Inc. bought a new position in Rolls-Royce Holdings plc in the 4th quarter worth $8,489,000. GAMMA Investing LLC increased its stake in shares of Rolls-Royce Holdings plc by 1,025.7% in the first quarter. GAMMA Investing LLC now owns 287,865 shares of the aerospace company's stock valued at $29,344,000 after buying an additional 262,292 shares in the last quarter. SVB Wealth LLC acquired a new stake in Rolls-Royce Holdings plc in the 4th quarter valued at about $144,000. First Horizon Advisors Inc. lifted its holdings in Rolls-Royce Holdings plc by 152.1% during 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 in the last quarter. Finally, PNC Financial Services Group Inc. increased its position in Rolls-Royce Holdings plc by 60.7% in the fourth quarter. PNC Financial Services Group Inc. now owns 6,055 shares of the aerospace company's stock worth $43,000 after purchasing an additional 2,287 shares during the period. 0.07% of the stock is currently owned by hedge funds and other institutional investors.
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.
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