Rolls-Royce Holdings plc (LON:RR) Insider Tufan Erginbilgic Sells 4,155 Shares

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic sold 4,155 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was sold at an average price of GBX 1,314, for a total value of £54,596.70.

Tufan Erginbilgic also recently made the following trade(s):

• On Monday, January 26th, Tufan Erginbilgic sold 4,862 shares of Rolls-Royce Holdings plc stock. The shares were sold at an average price of GBX 1,232, for a total value of £59,899.84.
• On Monday, December 22nd, Tufan Erginbilgic sold 4,986 shares of Rolls-Royce Holdings plc stock. The stock was sold at an average price of GBX 1,164, for a total value of £58,037.04.

Rolls-Royce Holdings plc Stock Up 4.6%

Shares of RR opened at GBX 1,363 on Thursday. The stock’s fifty day simple moving average is GBX 1,252.33 and its 200-day simple moving average is GBX 1,161.37. The firm has a market capitalization of £116.90 billion, a PE ratio of 49.69, a price-to-earnings-growth ratio of 0.55 and a beta of 1.15. Rolls-Royce Holdings plc has a 12-month low of GBX 196.45 and a 12-month high of GBX 537.20.

Rolls-Royce Holdings plc (LON:RR) last announced its quarterly earnings data on Thursday, February 26th. The company reported GBX 29.55 EPS for the quarter. Rolls-Royce Holdings plc had a return on equity of 227.54% and a net margin of 27.54%. Analysts anticipate that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on RR shares. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the company a “buy” rating in a report on Monday, February 2nd. Berenberg Bank increased their price target on Rolls-Royce Holdings plc from GBX 1,080 to GBX 1,250 and gave the company a “hold” rating in a research note on Wednesday. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 1,286.50.

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. 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.