Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report)'s share price hit a new 52-week high on Tuesday . The stock traded as high as $12.48 and last traded at $12.43, with a volume of 1088694 shares changing hands. The stock had previously closed at $12.18.
Wall Street Analysts Forecast Growth
RYCEY has been the subject of several research reports. Vertical Research raised Rolls-Royce Holdings PLC to a "strong-buy" rating in a research note on Friday, February 28th. Kepler Capital Markets upgraded shares of Rolls-Royce Holdings PLC from a "hold" rating to a "strong-buy" rating in a report on Wednesday, April 9th.
Get Our Latest Stock Report on RYCEY
Rolls-Royce Holdings PLC Stock Up 1.7%
The firm's 50-day moving average price is $11.24 and its two-hundred day moving average price is $9.39.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. boosted its position in Rolls-Royce Holdings PLC by 60.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,055 shares of the aerospace company's stock worth $43,000 after acquiring an additional 2,287 shares during the period. First Horizon Advisors Inc. increased its stake 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 valued at $46,000 after buying an additional 3,904 shares during the period. SVB Wealth LLC purchased a new stake in Rolls-Royce Holdings PLC in the 4th quarter worth approximately $144,000. Financial Avengers Inc. boosted its stake in shares of Rolls-Royce Holdings PLC by 32.6% during the 4th quarter. Financial Avengers Inc. now owns 28,500 shares of the aerospace company's stock valued at $203,000 after buying an additional 7,000 shares during the period. Finally, HighPoint Advisor Group LLC grew its holdings in shares of Rolls-Royce Holdings PLC by 17.0% during the 4th quarter. HighPoint Advisor Group LLC now owns 30,464 shares of the aerospace company's stock valued at $233,000 after acquiring an additional 4,431 shares in the last quarter. Hedge funds and other institutional investors own 0.07% of the company's stock.
About Rolls-Royce Holdings PLC
(
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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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