Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Cut to Hold at Kepler Capital Markets

Kepler Capital Markets lowered shares of Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Free Report) from a strong-buy rating to a hold rating in a report published on Thursday,Zacks.com reports.

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

Rolls-Royce Holdings PLC Trading Down 2.3%

Shares of RYCEY stock traded down $0.31 on Thursday, reaching $13.07. 2,532,104 shares of the stock were exchanged, compared to its average volume of 3,961,592. The firm has a 50 day moving average of $11.39 and a two-hundred day moving average of $9.50. Rolls-Royce Holdings PLC has a 1-year low of $5.40 and a 1-year high of $13.45.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. grew its stake in Rolls-Royce Holdings PLC by 60.7% during the fourth 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 period. First Horizon Advisors Inc. lifted its holdings in shares of Rolls-Royce Holdings PLC by 31.8% during the 1st quarter. First Horizon Advisors Inc. now owns 8,526 shares of the aerospace company's stock valued at $84,000 after acquiring an additional 2,055 shares in the last quarter. SVB Wealth LLC purchased a new stake in Rolls-Royce Holdings PLC during the 4th quarter worth $144,000. Financial Avengers Inc. boosted its position in 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 worth $203,000 after purchasing an additional 7,000 shares during the period. Finally, GAMMA Investing LLC increased its holdings in Rolls-Royce Holdings PLC by 14.7% in the 1st 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 in the last quarter. Hedge funds and other institutional investors own 0.07% of the company's stock.

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.