Rolls-Royce Holdings plc (LON:RR) Insider Angela Strank Acquires 2,698 Shares of Stock

Rolls-Royce Holdings plc (LON:RR) insider Angela Strank purchased 2,698 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were acquired at an average price of GBX 1,103 ($14.95) per share, for a total transaction of £29,758.94 ($40,334.70).

Angela Strank also recently made the following trade(s):

• On Friday, June 13th, Angela Strank bought 2,837 shares of Rolls-Royce Holdings plc stock. The shares were purchased at an average cost of GBX 874 ($11.85) per share, for a total transaction of £24,795.38 ($33,607.18).

Rolls-Royce Holdings plc Price Performance

Shares of RR stock opened at GBX 1,101.50 ($14.93) on Friday. The firm’s 50-day moving average is GBX 975.67 and its two-hundred day moving average is GBX 819.41. The company has a market capitalization of £94.47 billion, a PE ratio of 40.15, a price-to-earnings-growth ratio of 0.55 and a beta of 1.82. Rolls-Royce Holdings plc has a 12 month low of GBX 196.45 ($2.66) and a 12 month high of GBX 537.20 ($7.28).

Rolls-Royce Holdings plc (LON:RR) last released its quarterly earnings results on Thursday, July 31st. The company reported GBX 15.74 ($0.21) earnings per share (EPS) for the quarter. Rolls-Royce Holdings plc had a net margin of 13.08% and a negative return on equity of 78.08%. Sell-side analysts forecast that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on RR. JPMorgan Chase & Co. lifted their target price on shares of Rolls-Royce Holdings plc from GBX 1,040 ($14.10) to GBX 1,245 ($16.87) and gave the stock an “overweight” rating in a research note on Monday, August 11th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Rolls-Royce Holdings plc from GBX 1,000 ($13.55) to GBX 1,220 ($16.54) and gave the stock a “buy” rating in a research note on Thursday, August 7th. Citigroup lifted their target price on shares of Rolls-Royce Holdings plc from GBX 641 ($8.69) to GBX 1,101 ($14.92) and gave the stock a “neutral” rating in a research note on Monday, August 11th. Finally, Shore Capital reaffirmed a “hold” rating on shares of Rolls-Royce Holdings plc in a research note on Thursday, July 31st. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 976.20 ($13.23).

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.