Shares of Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $13.49 and last traded at $13.49, with a volume of 270423 shares. The stock had previously closed at $13.18.
Analyst Upgrades and Downgrades
Separately, Kepler Capital Markets cut shares of Rolls-Royce Holdings PLC from a "strong-buy" rating to a "hold" rating in a research note on Thursday, June 26th.
View Our Latest Stock Analysis on RYCEY
Rolls-Royce Holdings PLC Stock Up 1.1%
The stock's fifty day moving average price is $11.64 and its two-hundred day moving average price is $9.66.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the stock. First Horizon Advisors Inc. increased its position in 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 purchasing an additional 2,055 shares during the period. PNC Financial Services Group Inc. increased 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 valued at $43,000 after purchasing an additional 2,287 shares during the period. GAMMA Investing LLC grew its position in shares of 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 worth $288,000 after buying an additional 3,771 shares during the period. HighPoint Advisor Group LLC grew its position in shares of 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 buying an additional 4,431 shares during the period. Finally, Financial Avengers Inc. grew its position in shares of Rolls-Royce Holdings PLC by 32.6% in the 4th quarter. Financial Avengers Inc. now owns 28,500 shares of the aerospace company's stock worth $203,000 after buying an additional 7,000 shares during the period. 0.07% of the stock is owned by hedge funds and other 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.
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