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 changing hands.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on RYCEY shares. Kepler Capital Markets upgraded Rolls-Royce Holdings plc from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, April 9th. Vertical Research raised Rolls-Royce Holdings plc to a "strong-buy" rating in a report on Friday, February 28th.
Read Our Latest Report on Rolls-Royce Holdings plc
Rolls-Royce Holdings plc Stock Performance
The company has a 50 day simple moving average of $10.35 and a 200 day simple moving average of $8.85.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in RYCEY. First Horizon Advisors Inc. boosted its holdings in 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 valued at $84,000 after purchasing an additional 2,055 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Rolls-Royce Holdings plc by 60.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,055 shares of the aerospace company's stock valued at $43,000 after buying an additional 2,287 shares during the period. GAMMA Investing LLC boosted its stake in shares of 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 valued at $288,000 after buying an additional 3,771 shares in the last quarter. HighPoint Advisor Group LLC grew its holdings in 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 worth $233,000 after acquiring an additional 4,431 shares during the period. Finally, Financial Avengers Inc. lifted its stake in shares of 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 valued at $203,000 after purchasing an additional 7,000 shares during the period. 0.07% of the stock is currently owned by institutional investors and hedge funds.
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
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 Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
