Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Lowered to "Hold" Rating by Kepler Capital Markets

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report) was downgraded by equities research analysts at Kepler Capital Markets from a "strong-buy" rating to a "hold" rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

Separately, Vertical Research upgraded shares of Rolls-Royce Holdings PLC to a "strong-buy" rating in a report on Friday, February 28th.

Rolls-Royce Holdings PLC Stock Up 1.7%

RYCEY opened at $13.26 on Thursday. The stock has a 50-day moving average price of $11.31 and a 200-day moving average price of $9.43. Rolls-Royce Holdings PLC has a 1 year low of $5.40 and a 1 year high of $13.29.

Institutional Investors Weigh In On Rolls-Royce Holdings PLC

Institutional investors have recently modified their holdings of the business. PNC Financial Services Group Inc. raised 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. raised its holdings in shares of Rolls-Royce Holdings PLC by 31.8% during the first quarter. First Horizon Advisors Inc. now owns 8,526 shares of the aerospace company's stock valued at $84,000 after purchasing an additional 2,055 shares during the last quarter. SVB Wealth LLC bought a new position in Rolls-Royce Holdings PLC during the fourth quarter valued at approximately $144,000. Financial Avengers Inc. boosted its holdings 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 worth $203,000 after purchasing an additional 7,000 shares during the last quarter. Finally, HighPoint Advisor Group LLC grew its position in Rolls-Royce Holdings PLC by 17.0% in the 4th quarter. HighPoint Advisor Group LLC now owns 30,464 shares of the aerospace company's stock worth $233,000 after purchasing an additional 4,431 shares during the period. 0.07% of the stock is owned by hedge funds and other institutional investors.

About Rolls-Royce Holdings PLC

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.

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.