111,578 Shares in Rolls-Royce Holdings PLC $RYCEY Acquired by Financially Speaking Inc

Financially Speaking Inc bought a new stake in Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) during the third quarter, Holdings Channel.com reports. The firm bought 111,578 shares of the aerospace company’s stock, valued at approximately $1,808,000. Rolls-Royce Holdings PLC accounts for 1.2% of Financially Speaking Inc’s investment portfolio, making the stock its 19th largest holding.

A number of other hedge funds have also modified their holdings of the business. AdvisorShares Investments LLC acquired a new stake in shares of Rolls-Royce Holdings PLC during the third quarter valued at about $1,077,000. HighPoint Advisor Group LLC boosted its position in shares of Rolls-Royce Holdings PLC by 7.1% during the 3rd quarter. HighPoint Advisor Group LLC now owns 38,808 shares of the aerospace company’s stock worth $629,000 after purchasing an additional 2,583 shares during the period. ORG Partners LLC increased its holdings in Rolls-Royce Holdings PLC by 115.3% in the 3rd quarter. ORG Partners LLC now owns 1,970 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 1,055 shares during the last quarter. Salomon & Ludwin LLC raised its position in Rolls-Royce Holdings PLC by 2,646.8% in the third quarter. Salomon & Ludwin LLC now owns 3,049 shares of the aerospace company’s stock valued at $48,000 after purchasing an additional 2,938 shares during the period. Finally, GAMMA Investing LLC raised its position in Rolls-Royce Holdings PLC by 8.8% in the third quarter. GAMMA Investing LLC now owns 37,471 shares of the aerospace company’s stock valued at $607,000 after purchasing an additional 3,028 shares during the period. 0.07% of the stock is currently owned by hedge funds and other institutional investors.

Rolls-Royce Holdings PLC Stock Up 0.6%

Rolls-Royce Holdings PLC stock opened at $17.25 on Thursday. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.94 and a current ratio of 1.25. The stock’s fifty day moving average is $16.37 and its two-hundred day moving average is $15.40. Rolls-Royce Holdings PLC has a 1-year low of $7.57 and a 1-year high of $17.77.

Wall Street Analyst Weigh In

A number of brokerages recently commented on RYCEY. Royal Bank Of Canada started coverage on Rolls-Royce Holdings PLC in a report on Tuesday, November 18th. They set an “outperform” rating for the company. Berenberg Bank raised shares of Rolls-Royce Holdings PLC to a “hold” rating in a research report on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Rolls-Royce Holdings PLC Company Profile

Rolls-Royce Holdings plc is a UK-based multinational engineering company that designs, manufactures and services power systems for the civil and defence aerospace, marine and energy markets. The company’s core activities include the development and production of turbine engines for commercial and military aircraft, propulsion and power systems for naval vessels, and industrial gas turbines for power generation and distributed energy applications. A significant portion of its business is focused on aftermarket support, providing maintenance, repair and overhaul (MRO) services and long-term service agreements to customers worldwide.

In aerospace, Rolls‑Royce is best known for its high-thrust turbofan engines used on widebody and regional aircraft, supported by comprehensive service programs and digital monitoring solutions that optimize engine health and operational availability.