Shares of Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $8.80 and traded as high as $12.29. Rolls-Royce Holdings plc shares last traded at $12.26, with a volume of 4,091,760 shares trading hands.
Analysts Set New Price Targets
A number of equities analysts have issued reports on the stock. Kepler Capital Markets upgraded 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 note on Friday, February 28th.
Check Out Our Latest Stock Report on Rolls-Royce Holdings plc
Rolls-Royce Holdings plc Stock Up 1.3%
The stock's 50 day moving average is $10.39 and its 200-day moving average is $8.89.
Hedge Funds Weigh In On Rolls-Royce Holdings plc
Institutional investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. raised its stake in Rolls-Royce Holdings plc by 60.7% in 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 in the last quarter. First Horizon Advisors Inc. increased its stake in shares of Rolls-Royce Holdings plc by 152.1% during the fourth quarter. First Horizon Advisors Inc. now owns 6,471 shares of the aerospace company's stock valued at $46,000 after purchasing an additional 3,904 shares in the last quarter. SVB Wealth LLC bought a new position in shares of Rolls-Royce Holdings plc during the fourth quarter valued at approximately $144,000. Financial Avengers Inc. increased its stake in shares of Rolls-Royce Holdings plc by 32.6% during the fourth 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 in the last quarter. Finally, HighPoint Advisor Group LLC increased its stake in shares of Rolls-Royce Holdings plc by 17.0% during the fourth 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 in 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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