Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Raised to Strong-Buy at Kepler Capital Markets

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) was upgraded by equities researchers at Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

RYCEY has been the topic of several other reports. Citigroup cut shares of Rolls-Royce Holdings plc from a “buy” rating to a “neutral” rating in a research note on Monday, January 6th. Vertical Research upgraded shares of Rolls-Royce Holdings plc to a “strong-buy” rating in a research note on Friday, February 28th.

Rolls-Royce Holdings plc Trading Down 3.7 %

Shares of OTCMKTS:RYCEY traded down $0.35 during trading on Wednesday, reaching $9.10. The company had a trading volume of 2,598,844 shares, compared to its average volume of 4,089,368. Rolls-Royce Holdings plc has a fifty-two week low of $4.83 and a fifty-two week high of $10.91. The stock’s fifty day moving average price is $9.23 and its 200 day moving average price is $7.90.

Institutional Trading of Rolls-Royce Holdings plc

A number of institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its position in shares of Rolls-Royce Holdings plc by 1,025.7% during the 1st quarter. GAMMA Investing LLC now owns 287,865 shares of the aerospace company’s stock valued at $29,344,000 after acquiring an additional 262,292 shares during the period. Financial Avengers Inc. increased its stake in Rolls-Royce Holdings plc by 32.6% in the 4th quarter. Financial Avengers Inc. now owns 28,500 shares of the aerospace company’s stock valued at $203,000 after purchasing an additional 7,000 shares in the last quarter. HighPoint Advisor Group LLC boosted 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 worth $233,000 after purchasing an additional 4,431 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in Rolls-Royce Holdings plc by 60.7% in the fourth 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 last quarter. Finally, Henry James International Management Inc. grew 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 valued at $6,962,000 after purchasing an additional 15,436 shares during the last quarter. Hedge funds and other institutional investors own 0.07% of the company’s stock.

Rolls-Royce Holdings plc Company Profile

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.