Shares of Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $7.81 and traded as high as $9.98. Rolls-Royce Holdings plc shares last traded at $9.82, with a volume of 1,957,327 shares.
Wall Street Analyst Weigh In
A number of analysts have commented on the company. Vertical Research upgraded Rolls-Royce Holdings plc to a "strong-buy" rating in a research report on Friday, February 28th. Citigroup lowered shares of Rolls-Royce Holdings plc from a "buy" rating to a "neutral" rating in a research report on Monday, January 6th.
Get Our Latest Report on RYCEY
Rolls-Royce Holdings plc Trading Up 1.2 %
The stock's 50 day moving average price is $9.11 and its 200 day moving average price is $7.86.
Rolls-Royce Holdings plc Dividend Announcement
The business also recently declared a dividend, which will be paid on Monday, June 23rd. Investors of record on Tuesday, April 22nd will be given a dividend of $0.0761 per share. The ex-dividend date is Tuesday, April 22nd.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. increased its stake in Rolls-Royce Holdings plc by 60.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,055 shares of the aerospace company's stock worth $43,000 after acquiring an additional 2,287 shares during the last quarter. Financial Avengers Inc. increased its position 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 worth $152,000 after purchasing an additional 2,500 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in Rolls-Royce Holdings plc by 152.1% in the fourth 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 during the period. HighPoint Advisor Group LLC lifted its position 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 valued at $233,000 after buying an additional 4,431 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in 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 worth $182,000 after buying an additional 6,727 shares during the period. 0.07% of the stock is owned by hedge funds and other 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.
Further Reading
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