Rolls-Royce Holdings plc (LON:RR) Insider Wendy Mars Buys 152 Shares of Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars bought 152 shares of the stock in a transaction on Monday, March 9th. The shares were acquired at an average cost of GBX 1,203 per share, for a total transaction of £1,828.56.

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

• On Monday, February 9th, Wendy Mars purchased 147 shares of Rolls-Royce Holdings plc stock. The stock was acquired at an average cost of GBX 1,242 per share, for a total transaction of £1,825.74.
• On Wednesday, January 7th, Wendy Mars bought 146 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average cost of GBX 1,255 per share, for a total transaction of £1,832.30.

Rolls-Royce Holdings plc Stock Down 2.1%

Shares of RR opened at GBX 1,238.50 on Wednesday. The firm has a market capitalization of £106.22 billion, a price-to-earnings ratio of 45.15, a P/E/G ratio of 0.55 and a beta of 1.17. Rolls-Royce Holdings plc has a 12-month low of GBX 196.45 and a 12-month high of GBX 537.20. The stock’s 50-day moving average price is GBX 1,263.75 and its 200 day moving average price is GBX 1,168.67.

Rolls-Royce Holdings plc (LON:RR) last posted its quarterly earnings results on Thursday, February 26th. The company reported GBX 29.55 earnings per share (EPS) for the quarter. Rolls-Royce Holdings plc had a net margin of 27.54% and a return on equity of 227.54%. Equities research analysts expect that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on RR shares. Deutsche Bank Aktiengesellschaft raised their price target on Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Berenberg Bank boosted their target price 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, March 4th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,286.50.

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.