Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Acquires £1,832.70 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars acquired 123 shares of the stock in a transaction on Monday, September 7th. The shares were bought at an average price of GBX 1,490 per share, for a total transaction of £1,832.70.

Wendy Mars also recently made the following trade(s):

• On Friday, August 7th, Wendy Mars bought 119 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average cost of GBX 1,537 per share, for a total transaction of £1,829.03.
• On Tuesday, July 7th, Wendy Mars purchased 123 shares of Rolls-Royce Holdings plc stock. The stock was bought at an average price of GBX 1,483 per share, for a total transaction of £1,824.09.

Rolls-Royce Holdings plc Price Performance

RR stock traded up GBX 1.40 during midday trading on Tuesday, reaching GBX 1,490.80. The company had a trading volume of 3,817,010 shares. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 and a 1-year high of GBX 537.20. The stock has a 50 day moving average price of GBX 1,471.18 and a 200-day moving average price of GBX 1,331.74. The company has a market capitalization of £127.86 billion, a price-to-earnings ratio of 54.34, a price-to-earnings-growth ratio of 0.55 and a beta of 1.20.

Rolls-Royce Holdings plc (LON:RR) last announced its quarterly earnings data on Thursday, July 30th. The company reported GBX 22.17 earnings per share (EPS) for the quarter. Rolls-Royce Holdings plc had a net margin of 13.11% and a return on equity of 108.91%. As a group, research analysts anticipate that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on RR shares. Berenberg Bank upped their target price on Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the stock a “buy” rating in a research note on Tuesday, August 18th. JPMorgan Chase & Co. upped their price objective on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,870 target price on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,325 target price on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Finally, Citigroup increased their target price on shares of Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the stock a “neutral” rating in a report on Monday, August 17th. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 1,690.33.

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. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.