Yousif Capital Management LLC Sells 29,000 Shares of Rolls-Royce Holdings plc (OTCMKTS:RYCEY)

Yousif Capital Management LLC lowered its position in shares of Rolls-Royce Holdings plc (OTCMKTS:RYCEY) by 22.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 99,327 shares of the aerospace company’s stock after selling 29,000 shares during the quarter. Yousif Capital Management LLC’s holdings in Rolls-Royce Holdings plc were worth $707,000 at the end of the most recent reporting period.

Separately, GAMMA Investing LLC grew its holdings in shares of Rolls-Royce Holdings plc by 35.7% in the 4th quarter. GAMMA Investing LLC now owns 25,573 shares of the aerospace company’s stock valued at $182,000 after buying an additional 6,727 shares during the period. Institutional investors own 0.07% of the company’s stock.

Rolls-Royce Holdings plc Price Performance

Shares of RYCEY opened at $7.86 on Friday. The firm has a 50-day moving average of $7.31 and a 200-day moving average of $6.98. Rolls-Royce Holdings plc has a one year low of $3.99 and a one year high of $7.89.

Analyst Upgrades and Downgrades

Separately, Citigroup downgraded shares of Rolls-Royce Holdings plc from a “buy” rating to a “neutral” rating in a report on Monday, January 6th.

Rolls-Royce Holdings plc 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.