Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Upgraded at Wells Fargo & Company

Key Points

• Wells Fargo upgraded Rolls‑Royce to a "strong‑buy" in a report released Tuesday, and the stock jumped about 5.3%, opening at $16.24 with a 52‑week range of $8.01–$18.98.
• Several institutional investors (ORG Partners, Rhumbline, PNC, AdvisorShares, Dorsey Wright) increased positions recently, yet the article notes just 0.07% institutional/hedge fund ownership, implying limited hedge fund exposure.
• Rolls‑Royce is a UK multinational that designs, manufactures and services turbine engines for civil and defense aerospace, with a significant business focus on aftermarket MRO services and long‑term service agreements.

Rolls-Royce Holdings PLC (OTCMKTS:RYCEY - Get Free Report) was upgraded by equities research analysts at Wells Fargo & Company to a "strong-buy" rating in a report released on Tuesday,Zacks.com reports.

Rolls-Royce Holdings PLC Stock Up 5.3%

RYCEY stock opened at $16.24 on Tuesday. The firm has a fifty day moving average price of $17.06 and a 200 day moving average price of $16.03. Rolls-Royce Holdings PLC has a fifty-two week low of $8.01 and a fifty-two week high of $18.98. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.20 and a quick ratio of 0.91.

Hedge Funds Weigh In On Rolls-Royce Holdings PLC

Institutional investors and hedge funds have recently made changes to their positions in the business. ORG Partners LLC raised its position in shares of Rolls-Royce Holdings PLC by 115.3% during the 3rd quarter. ORG Partners LLC now owns 1,970 shares of the aerospace company's stock valued at $32,000 after buying an additional 1,055 shares in the last quarter. Rhumbline Advisers raised its position in Rolls-Royce Holdings PLC by 1.5% during the second quarter. Rhumbline Advisers now owns 82,415 shares of the aerospace company's stock valued at $1,103,000 after purchasing an additional 1,205 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Rolls-Royce Holdings PLC by 30.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,095 shares of the aerospace company's stock worth $112,000 after purchasing an additional 1,658 shares during the period. AdvisorShares Investments LLC boosted its holdings in shares of Rolls-Royce Holdings PLC by 2.8% in the 4th quarter. AdvisorShares Investments LLC now owns 68,381 shares of the aerospace company's stock worth $1,075,000 after purchasing an additional 1,881 shares during the period. Finally, Dorsey Wright & Associates increased its position in shares of Rolls-Royce Holdings PLC by 2.2% during the 4th quarter. Dorsey Wright & Associates now owns 99,391 shares of the aerospace company's stock valued at $1,537,000 after purchasing an additional 2,117 shares during the last quarter. 0.07% of the stock is owned by hedge funds and other institutional investors.

Rolls-Royce Holdings PLC Company Profile

Rolls-Royce Holdings plc is a UK-based multinational engineering company that designs, manufactures and services power systems for the civil and defence aerospace, marine and energy markets. The company's core activities include the development and production of turbine engines for commercial and military aircraft, propulsion and power systems for naval vessels, and industrial gas turbines for power generation and distributed energy applications. A significant portion of its business is focused on aftermarket support, providing maintenance, repair and overhaul (MRO) services and long-term service agreements to customers worldwide.

In aerospace, Rolls‑Royce is best known for its high-thrust turbofan engines used on widebody and regional aircraft, supported by comprehensive service programs and digital monitoring solutions that optimize engine health and operational availability.

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