Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-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.
Analyst Ratings Changes
A number of research analysts have commented on RYCEY shares. Kepler Capital Markets raised shares of Rolls-Royce Holdings plc from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 9th. Vertical Research raised shares of Rolls-Royce Holdings plc to a "strong-buy" rating in a research report on Friday, February 28th.
Get Our Latest Report on RYCEY
Rolls-Royce Holdings plc Price Performance
The business's 50-day moving average price is $10.03 and its 200-day moving average price is $8.45.
Rolls-Royce Holdings plc Dividend Announcement
The company also recently declared a dividend, which will be paid on Monday, June 23rd. Shareholders of record on Tuesday, April 22nd will be issued a $0.0761 dividend. The ex-dividend date is Tuesday, April 22nd.
Hedge Funds Weigh In On Rolls-Royce Holdings plc
Several institutional investors and hedge funds have recently bought and sold shares of the company. Bowen Hanes & Co. Inc. purchased a new position in Rolls-Royce Holdings plc in the first quarter worth $27,782,000. L & S Advisors Inc purchased a new position in Rolls-Royce Holdings plc in the first quarter worth $2,427,000. First Horizon Advisors Inc. grew its holdings in Rolls-Royce Holdings plc by 31.8% in the first quarter. First Horizon Advisors Inc. now owns 8,526 shares of the aerospace company's stock worth $84,000 after purchasing an additional 2,055 shares during the last quarter. GAMMA Investing LLC grew its holdings in Rolls-Royce Holdings plc by 14.7% in the first quarter. GAMMA Investing LLC now owns 29,344 shares of the aerospace company's stock worth $288,000 after purchasing an additional 3,771 shares during the last quarter. Finally, Financial Avengers Inc. grew 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. 0.07% of the stock is owned by hedge funds and other 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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