Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 changing hands.
Wall Street Analyst Weigh In
RYCEY has been the subject of several analyst reports. Vertical Research upgraded Rolls-Royce Holdings plc to a "strong-buy" rating in a report on Friday, February 28th. Citigroup downgraded shares of Rolls-Royce Holdings plc from a "buy" rating to a "neutral" rating in a report on Monday, January 6th.
Check Out Our Latest Analysis on RYCEY
Rolls-Royce Holdings plc Stock Performance
The firm has a 50-day moving average of $9.19 and a two-hundred day moving average of $7.89.
Rolls-Royce Holdings plc Dividend Announcement
The firm also recently declared a dividend, which will be paid on Monday, June 23rd. Stockholders of record on Tuesday, April 22nd will be issued a dividend of $0.0761 per share. The ex-dividend date of this dividend is Tuesday, April 22nd.
Institutional Investors Weigh In On Rolls-Royce Holdings plc
Hedge funds and other institutional investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. boosted its holdings in 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 valued at $43,000 after purchasing an additional 2,287 shares during the period. First Horizon Advisors Inc. lifted its stake in shares of 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. SVB Wealth LLC acquired a new stake in Rolls-Royce Holdings plc during the fourth quarter worth about $144,000. Financial Avengers Inc. increased its stake in Rolls-Royce Holdings plc by 13.2% during the third quarter. Financial Avengers Inc. now owns 21,500 shares of the aerospace company's stock valued at $152,000 after acquiring an additional 2,500 shares during the period. Finally, GAMMA Investing LLC raised its holdings in Rolls-Royce Holdings plc by 35.7% in the 4th quarter. GAMMA Investing LLC now owns 25,573 shares of the aerospace company's stock valued at $182,000 after acquiring an additional 6,727 shares in the last quarter. Institutional investors and hedge funds own 0.07% of the company's stock.
Rolls-Royce Holdings plc Company Profile
(
Get 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.
Featured Stories
Before you consider Rolls-Royce Holdings plc, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rolls-Royce Holdings plc wasn't on the list.
While Rolls-Royce Holdings plc currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
