Rhumbline Advisers Has $666,000 Stake in Rolls-Royce Holdings plc (OTCMKTS:RYCEY)

Rhumbline Advisers reduced its stake in Rolls-Royce Holdings plc (OTCMKTS:RYCEY) by 2.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,603 shares of the aerospace company’s stock after selling 1,962 shares during the quarter. Rhumbline Advisers’ holdings in Rolls-Royce Holdings plc were worth $666,000 as of its most recent SEC filing.

Separately, Financial Avengers Inc. boosted its position in Rolls-Royce Holdings plc by 13.2% during the 3rd quarter. Financial Avengers Inc. now owns 21,500 shares of the aerospace company’s stock worth $152,000 after acquiring an additional 2,500 shares during the last quarter. 0.07% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Citigroup downgraded shares of Rolls-Royce Holdings plc from a “buy” rating to a “neutral” rating in a report on Monday, January 6th. Vertical Research upgraded shares of Rolls-Royce Holdings plc to a “strong-buy” rating in a research note on Friday, February 28th.

Rolls-Royce Holdings plc Trading Up 2.2 %

RYCEY opened at $10.74 on Friday. The business’s 50-day simple moving average is $7.81 and its 200 day simple moving average is $7.29. Rolls-Royce Holdings plc has a 52-week low of $4.83 and a 52-week high of $10.91.

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.