Rolls-Royce Holding PLC (LON:RR) insider Kevin Smith acquired 298 shares of the company’s stock in a transaction on Thursday, September 7th. The shares were purchased at an average cost of GBX 886 ($11.44) per share, for a total transaction of £2,640.28 ($3,409.89).

Shares of Rolls-Royce Holding PLC (LON:RR) traded down 0.90% during midday trading on Thursday, reaching GBX 884.00. 2,457,491 shares of the company were exchanged. Rolls-Royce Holding PLC has a 52-week low of GBX 635.00 and a 52-week high of GBX 994.50. The company’s 50-day moving average price is GBX 920.43 and its 200 day moving average price is GBX 858.03. The stock’s market capitalization is GBX 16.21 billion.

The firm also recently announced a dividend, which will be paid on Wednesday, January 3rd. Investors of record on Thursday, October 26th will be paid a dividend of GBX 4.60 ($0.06) per share. This represents a yield of 0.5%. The ex-dividend date is Thursday, October 26th.

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RR has been the topic of several research reports. Deutsche Bank AG dropped their price objective on Rolls-Royce Holding PLC from GBX 570 ($7.36) to GBX 560 ($7.23) and set a “sell” rating on the stock in a report on Thursday, August 31st. Citigroup Inc. reaffirmed a “buy” rating and set a GBX 1,137 ($14.68) price objective on shares of Rolls-Royce Holding PLC in a report on Tuesday, August 1st. Credit Suisse Group reaffirmed an “underperform” rating and set a GBX 665 ($8.59) price objective on shares of Rolls-Royce Holding PLC in a report on Tuesday, July 11th. Liberum Capital reaffirmed a “hold” rating on shares of Rolls-Royce Holding PLC in a report on Friday, June 16th. Finally, Jefferies Group LLC raised their price objective on Rolls-Royce Holding PLC from GBX 900 ($11.62) to GBX 1,100 ($14.21) and gave the stock a “buy” rating in a report on Wednesday, July 5th. Seven analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Rolls-Royce Holding PLC has a consensus rating of “Hold” and an average price target of GBX 774.27 ($10.00).

About Rolls-Royce Holding PLC

Insider Buying and Selling by Quarter for Rolls-Royce Holding PLC (LON:RR)

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