Boothe Investment Group Inc. purchased a new position in Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,193,163 shares of the aerospace company's stock, valued at approximately $8,489,000. Rolls-Royce Holdings plc accounts for approximately 3.7% of Boothe Investment Group Inc.'s investment portfolio, making the stock its 7th biggest holding.
A number of other institutional investors have also added to or reduced their stakes in the stock. GAMMA Investing LLC grew its position in shares of Rolls-Royce Holdings plc by 35.7% during the fourth quarter. GAMMA Investing LLC now owns 25,573 shares of the aerospace company's stock valued at $182,000 after purchasing an additional 6,727 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in Rolls-Royce Holdings plc by 152.1% during the 4th quarter. First Horizon Advisors Inc. now owns 6,471 shares of the aerospace company's stock valued at $46,000 after buying an additional 3,904 shares in the last quarter. Finally, Financial Avengers Inc. grew its holdings in Rolls-Royce Holdings plc by 13.2% during the 3rd quarter. Financial Avengers Inc. now owns 21,500 shares of the aerospace company's stock valued at $152,000 after buying an additional 2,500 shares in the last quarter. 0.07% of the stock is owned by hedge funds and other institutional investors.
Rolls-Royce Holdings plc Price Performance
Rolls-Royce Holdings plc stock traded down $0.05 during mid-day trading on Monday, reaching $7.68. 3,035,343 shares of the company's stock traded hands, compared to its average volume of 3,030,992. Rolls-Royce Holdings plc has a 12-month low of $4.49 and a 12-month high of $8.29. The stock has a 50 day moving average of $7.37 and a two-hundred day moving average of $7.07.
Wall Street Analysts Forecast Growth
Separately, Citigroup cut Rolls-Royce Holdings plc from a "buy" rating to a "neutral" rating in a report on Monday, January 6th.
View Our Latest Stock Analysis on Rolls-Royce Holdings plc
About Rolls-Royce Holdings plc
(
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.
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