Shares of 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 $7.64 and traded as high as $10.66. Rolls-Royce Holdings plc shares last traded at $10.63, with a volume of 1,956,581 shares traded.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on RYCEY shares. Vertical Research upgraded Rolls-Royce Holdings plc to a "strong-buy" rating in a research report on Friday, February 28th. Citigroup lowered Rolls-Royce Holdings plc from a "buy" rating to a "neutral" rating in a report on Monday, January 6th.
Check Out Our Latest Stock Report on RYCEY
Rolls-Royce Holdings plc Stock Down 2.4 %
The stock's fifty day moving average price is $8.87 and its 200 day moving average price is $7.75.
Rolls-Royce Holdings plc Announces Dividend
The company also recently declared a dividend, which will be paid on Monday, June 23rd. Shareholders of record on Tuesday, April 22nd will be given a dividend of $0.0761 per share. The ex-dividend date is Tuesday, April 22nd.
Hedge Funds Weigh In On Rolls-Royce Holdings plc
Hedge funds and other institutional investors have recently modified their holdings of the company. Financial Avengers Inc. raised its holdings in shares of Rolls-Royce Holdings plc by 32.6% during 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 in the last quarter. HighPoint Advisor Group LLC raised its stake in shares of 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 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 worth $43,000 after acquiring an additional 2,287 shares during the last quarter. Henry James International Management Inc. boosted its stake in shares of Rolls-Royce Holdings plc by 1.6% in the 4th quarter. Henry James International Management Inc. now owns 978,600 shares of the aerospace company's stock valued at $6,962,000 after purchasing an additional 15,436 shares in the last quarter. Finally, SVB Wealth LLC purchased a new stake in shares of Rolls-Royce Holdings plc in the 4th quarter valued at $144,000. 0.07% of the stock is currently 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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