Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Upgraded to “Strong-Buy” at Kepler Capital Markets

Kepler Capital Markets upgraded shares of Rolls-Royce Holdings plc (OTCMKTS:RYCEY) from a hold rating to a strong-buy rating in a report released on Wednesday morning,Zacks.com reports.

A number of other equities analysts have also recently weighed in on RYCEY. Vertical Research raised Rolls-Royce Holdings plc to a “strong-buy” rating in a report on Friday, February 28th. Citigroup downgraded shares of Rolls-Royce Holdings plc from a “buy” rating to a “neutral” rating in a research note on Monday, January 6th.

Rolls-Royce Holdings plc Price Performance

RYCEY opened at $9.30 on Wednesday. The business’s fifty day simple moving average is $9.27 and its 200 day simple moving average is $7.92. Rolls-Royce Holdings plc has a 52 week low of $4.83 and a 52 week high of $10.91.

Rolls-Royce Holdings plc Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, June 23rd. Shareholders of record on Tuesday, April 22nd will be given a dividend of $0.0761 per share. The ex-dividend date of this dividend is Tuesday, April 22nd.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. lifted its stake in shares of Rolls-Royce Holdings plc by 60.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 6,055 shares of the aerospace company’s stock valued at $43,000 after acquiring an additional 2,287 shares during the last quarter. First Horizon Advisors Inc. increased its stake in Rolls-Royce Holdings plc by 152.1% in the 4th quarter. First Horizon Advisors Inc. now owns 6,471 shares of the aerospace company’s stock worth $46,000 after purchasing an additional 3,904 shares during the period. SVB Wealth LLC bought a new stake in Rolls-Royce Holdings plc in the fourth quarter valued at approximately $144,000. GAMMA Investing LLC lifted its position in Rolls-Royce Holdings plc by 35.7% in the fourth quarter. GAMMA Investing LLC now owns 25,573 shares of the aerospace company’s stock valued at $182,000 after purchasing an additional 6,727 shares during the last quarter. Finally, Financial Avengers Inc. boosted its stake in shares of Rolls-Royce Holdings plc by 32.6% during the fourth quarter. Financial Avengers Inc. now owns 28,500 shares of the aerospace company’s stock valued at $203,000 after purchasing an additional 7,000 shares during the period. Hedge funds and other institutional investors own 0.07% of the company’s stock.

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.