Shares of Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $10.10 and traded as high as $13.48. Rolls-Royce Holdings PLC shares last traded at $13.41, with a volume of 2,723,256 shares changing hands.
Analysts Set New Price Targets
Separately, Kepler Capital Markets downgraded shares of Rolls-Royce Holdings PLC from a "strong-buy" rating to a "hold" rating in a report on Thursday, June 26th.
Check Out Our Latest Analysis on RYCEY
Rolls-Royce Holdings PLC Trading Down 1.4%
The business's 50 day moving average is $12.56 and its 200 day moving average is $10.30.
Institutional Trading of Rolls-Royce Holdings PLC
Hedge funds and other institutional investors have recently bought and sold shares of the business. First Horizon Advisors Inc. boosted its stake in shares of Rolls-Royce Holdings PLC by 31.8% during the first 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 during the period. Sterling Investment Advisors Ltd. bought a new stake in Rolls-Royce Holdings PLC during the 2nd quarter valued at about $174,000. Financial Avengers Inc. boosted 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 buying an additional 7,000 shares during the period. HighPoint Advisor Group LLC boosted 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 buying an additional 4,431 shares during the period. Finally, GAMMA Investing LLC grew its stake in Rolls-Royce Holdings PLC by 14.7% in the 1st quarter. GAMMA Investing LLC now owns 29,344 shares of the aerospace company's stock worth $288,000 after acquiring an additional 3,771 shares in the last quarter. Hedge funds and other institutional investors own 0.07% of the company's stock.
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.
Further Reading
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