Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) Shares Sold by Rhumbline Advisers

Rhumbline Advisers lessened its stake in shares of Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) by 13.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 81,210 shares of the aerospace company’s stock after selling 12,393 shares during the quarter. Rhumbline Advisers’ holdings in Rolls-Royce Holdings PLC were worth $797,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of RYCEY. Boothe Investment Group Inc. acquired a new position in shares of Rolls-Royce Holdings PLC in the fourth quarter worth about $8,489,000. Henry James International Management Inc. increased 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 buying an additional 15,436 shares during the last quarter. GAMMA Investing LLC increased its holdings in Rolls-Royce Holdings PLC by 1,025.7% in the first quarter. GAMMA Investing LLC now owns 287,865 shares of the aerospace company’s stock valued at $29,344,000 after buying an additional 262,292 shares during the last quarter. HighPoint Advisor Group LLC increased its holdings in Rolls-Royce Holdings PLC by 17.0% in the fourth quarter. HighPoint Advisor Group LLC now owns 30,464 shares of the aerospace company’s stock valued at $233,000 after buying an additional 4,431 shares during the last quarter. Finally, Financial Avengers Inc. increased its holdings in Rolls-Royce Holdings PLC by 32.6% in the fourth quarter. Financial Avengers Inc. now owns 28,500 shares of the aerospace company’s stock valued at $203,000 after buying an additional 7,000 shares during the last quarter. Institutional investors and hedge funds own 0.07% of the company’s stock.

Analyst Ratings Changes

RYCEY has been the subject of several research analyst reports. Kepler Capital Markets raised Rolls-Royce Holdings PLC from a “hold” rating to a “strong-buy” rating in a report on Wednesday, April 9th. Vertical Research raised Rolls-Royce Holdings PLC to a “strong-buy” rating in a report on Friday, February 28th.

Rolls-Royce Holdings PLC Price Performance

Shares of RYCEY stock opened at $12.12 on Friday. Rolls-Royce Holdings PLC has a 12-month low of $5.40 and a 12-month high of $12.47. The business has a 50 day simple moving average of $11.00 and a 200 day simple moving average of $9.24.

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.