Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.35 and traded as high as $10.43. Rolls-Royce Holdings plc shares last traded at $10.42, with a volume of 2,555,258 shares changing hands.
Analysts Set New Price Targets
Several equities analysts have commented on RYCEY shares. Vertical Research raised Rolls-Royce Holdings plc to a "strong-buy" rating in a report on Friday, February 28th. Kepler Capital Markets raised Rolls-Royce Holdings plc from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 9th.
Read Our Latest Report on Rolls-Royce Holdings plc
Rolls-Royce Holdings plc Price Performance
The stock's 50 day moving average is $10.01 and its two-hundred day moving average is $8.41.
Rolls-Royce Holdings plc Announces Dividend
The business also recently disclosed a dividend, which will be paid on Monday, June 23rd. Stockholders of record on Tuesday, April 22nd will be paid a $0.0761 dividend. The ex-dividend date is Tuesday, April 22nd.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. 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 last quarter. First Horizon Advisors Inc. grew its position in Rolls-Royce Holdings plc by 152.1% during the 4th quarter. First Horizon Advisors Inc. now owns 6,471 shares of the aerospace company's stock worth $46,000 after acquiring an additional 3,904 shares during the last quarter. SVB Wealth LLC acquired a new stake in Rolls-Royce Holdings plc during the 4th quarter valued at $144,000. Financial Avengers Inc. raised its position in 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 valued at $203,000 after purchasing an additional 7,000 shares during the last quarter. Finally, HighPoint Advisor Group LLC raised 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 valued at $233,000 after purchasing an additional 4,431 shares during the last quarter. 0.07% of the stock is owned by institutional investors.
About Rolls-Royce Holdings plc
(
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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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