Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report) was upgraded by equities research analysts at Kepler Capital Markets from a "hold" rating to a "strong-buy" rating in a note issued to investors on Wednesday, April 9th,Zacks.com reports.
Several other equities research analysts also recently issued reports on the company. Vertical Research raised Rolls-Royce Holdings plc to a "strong-buy" rating in a research note on Friday, February 28th. Citigroup cut Rolls-Royce Holdings plc from a "buy" rating to a "neutral" rating in a research report on Monday, January 6th.
Read Our Latest Analysis on Rolls-Royce Holdings plc
Rolls-Royce Holdings plc Trading Up 3.4 %
Shares of Rolls-Royce Holdings plc stock traded up $0.32 during trading on Wednesday, hitting $9.78. The stock had a trading volume of 2,661,145 shares, compared to its average volume of 4,009,122. The business has a fifty day moving average of $9.35 and a two-hundred day moving average of $7.95. Rolls-Royce Holdings plc has a fifty-two week low of $4.83 and a fifty-two week high of $10.91.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of RYCEY. GAMMA Investing LLC raised its position 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 acquiring an additional 6,727 shares in the last quarter. First Horizon Advisors Inc. raised its holdings in Rolls-Royce Holdings plc by 152.1% in 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 during the last quarter. Boothe Investment Group Inc. bought a new stake in shares of Rolls-Royce Holdings plc in the 4th quarter valued at about $8,489,000. SVB Wealth LLC acquired a new stake in Rolls-Royce Holdings plc during the 4th quarter valued at approximately $144,000. Finally, Henry James International Management Inc. increased its holdings in Rolls-Royce Holdings plc by 1.6% in the fourth quarter. Henry James International Management Inc. now owns 978,600 shares of the aerospace company's stock worth $6,962,000 after purchasing an additional 15,436 shares in the last quarter. 0.07% of the stock is currently owned by institutional investors.
Rolls-Royce Holdings plc Company Profile
(
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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.
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