Shares of Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report) reached 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. The stock had previously closed at $12.18.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on RYCEY shares. Vertical Research upgraded shares of Rolls-Royce Holdings PLC to a "strong-buy" rating in a report on Friday, February 28th. Kepler Capital Markets upgraded Rolls-Royce Holdings PLC from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 9th.
Get Our Latest Analysis on RYCEY
Rolls-Royce Holdings PLC Stock Performance
The business's 50 day moving average is $11.06 and its two-hundred day moving average is $9.30.
Institutional Trading of Rolls-Royce Holdings PLC
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Boothe Investment Group Inc. purchased a new stake in shares of Rolls-Royce Holdings PLC during the 4th quarter worth approximately $8,489,000. GAMMA Investing LLC raised its stake in Rolls-Royce Holdings PLC by 1,025.7% during the first quarter. GAMMA Investing LLC now owns 287,865 shares of the aerospace company's stock valued at $29,344,000 after purchasing an additional 262,292 shares in the last quarter. SVB Wealth LLC purchased a new stake in Rolls-Royce Holdings PLC during the fourth quarter valued at $144,000. First Horizon Advisors Inc. lifted its position in Rolls-Royce Holdings PLC by 152.1% during the fourth quarter. First Horizon Advisors Inc. now owns 6,471 shares of the aerospace company's stock valued at $46,000 after purchasing an additional 3,904 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of 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 in the last quarter. 0.07% of the stock is currently owned by institutional investors.
About Rolls-Royce Holdings PLC
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Rolls-Royce Holdings PLC, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rolls-Royce Holdings PLC wasn't on the list.
While Rolls-Royce Holdings PLC currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
