Free Trial

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Sets New 52-Week High - Here's Why

Rolls-Royce Holdings PLC logo with Aerospace background

Shares of Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $13.70 and last traded at $13.68, with a volume of 1270199 shares trading hands. The stock had previously closed at $13.50.

Analyst Ratings Changes

Separately, Kepler Capital Markets lowered shares of Rolls-Royce Holdings PLC from a "strong-buy" rating to a "hold" rating in a research note on Thursday, June 26th.

Check Out Our Latest Report on Rolls-Royce Holdings PLC

Rolls-Royce Holdings PLC Price Performance

The business has a fifty day moving average of $12.15 and a 200-day moving average of $9.97.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. raised its stake in shares of 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 valued at $43,000 after purchasing an additional 2,287 shares in the last quarter. HighPoint Advisor Group LLC increased its stake in 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 buying an additional 4,431 shares during the period. Financial Avengers Inc. raised its position 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 worth $203,000 after buying an additional 7,000 shares in the last quarter. GAMMA Investing LLC lifted its stake in shares of Rolls-Royce Holdings PLC by 1,025.7% in the 1st quarter. GAMMA Investing LLC now owns 287,865 shares of the aerospace company's stock worth $29,344,000 after acquiring an additional 262,292 shares during the period. Finally, First Horizon Advisors Inc. lifted its stake in shares of Rolls-Royce Holdings PLC by 31.8% in the 1st quarter. First Horizon Advisors Inc. now owns 8,526 shares of the aerospace company's stock worth $84,000 after acquiring an additional 2,055 shares during the period. Institutional investors own 0.07% of the company's stock.

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.

Read More

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.

Should You Invest $1,000 in Rolls-Royce Holdings PLC Right Now?

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 Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Pelosi Makes Big Bet on Broadcom—Here’s Why It Matters
This Strategy Beat the S&P—And Most Investors Ignore It
NVDA Greenlight: China Sales Spark 50% Rally Potential

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines