Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Upgraded by Kepler Capital Markets to “Strong-Buy” Rating

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

Other equities research analysts have also recently issued reports about the stock. Vertical Research raised shares of Rolls-Royce Holdings plc to a “strong-buy” rating in a research report on Friday, February 28th. Citigroup downgraded Rolls-Royce Holdings plc from a “buy” rating to a “neutral” rating in a report on Monday, January 6th.

Rolls-Royce Holdings plc Stock Down 3.7 %

OTCMKTS:RYCEY traded down $0.35 during mid-day trading on Wednesday, hitting $9.10. The stock had a trading volume of 2,598,844 shares, compared to its average volume of 4,089,368. Rolls-Royce Holdings plc has a twelve month low of $4.83 and a twelve month high of $10.91. The stock has a 50-day simple moving average of $9.23 and a two-hundred day simple moving average of $7.90.

Hedge Funds Weigh In On Rolls-Royce Holdings plc

Several large investors have recently bought and sold shares of RYCEY. PNC Financial Services Group Inc. grew its stake in Rolls-Royce Holdings plc by 60.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 6,055 shares of the aerospace company’s stock worth $43,000 after buying an additional 2,287 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings 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 acquiring an additional 3,904 shares during the period. SVB Wealth LLC purchased a new position in shares of Rolls-Royce Holdings plc during the fourth quarter worth approximately $144,000. GAMMA Investing LLC increased its holdings in shares of 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 during the period. Finally, Financial Avengers Inc. raised its position 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 during the last quarter. Institutional investors and hedge funds own 0.07% of the company’s stock.

About Rolls-Royce Holdings plc

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.