66,500 Shares in Rolls-Royce Holdings PLC $RYCEY Acquired by AdvisorShares Investments LLC

AdvisorShares Investments LLC acquired a new stake in Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 66,500 shares of the aerospace company’s stock, valued at approximately $1,077,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bowen Hanes & Co. Inc. increased its holdings in shares of Rolls-Royce Holdings PLC by 42.8% during the second quarter. Bowen Hanes & Co. Inc. now owns 4,043,310 shares of the aerospace company’s stock worth $54,099,000 after buying an additional 1,211,310 shares in the last quarter. L & S Advisors Inc grew its position in Rolls-Royce Holdings PLC by 16.4% during the 2nd quarter. L & S Advisors Inc now owns 288,058 shares of the aerospace company’s stock worth $3,854,000 after acquiring an additional 40,691 shares during the last quarter. Yousif Capital Management LLC grew its position in Rolls-Royce Holdings PLC by 7.8% during the 2nd quarter. Yousif Capital Management LLC now owns 107,032 shares of the aerospace company’s stock worth $1,419,000 after acquiring an additional 7,705 shares during the last quarter. Rhumbline Advisers increased its holdings in Rolls-Royce Holdings PLC by 1.5% in the 2nd quarter. Rhumbline Advisers now owns 82,415 shares of the aerospace company’s stock worth $1,103,000 after purchasing an additional 1,205 shares in the last quarter. Finally, Torray Investment Partners LLC bought a new position in Rolls-Royce Holdings PLC in the second quarter valued at about $669,000. Institutional investors own 0.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on RYCEY. Berenberg Bank upgraded Rolls-Royce Holdings PLC to a “hold” rating in a report on Monday, October 20th. Royal Bank Of Canada began coverage on shares of Rolls-Royce Holdings PLC in a research report on Tuesday, November 18th. They set an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy”.

Rolls-Royce Holdings PLC Stock Up 3.8%

Shares of RYCEY opened at $16.94 on Friday. The business has a 50-day moving average of $16.17 and a 200-day moving average of $15.32. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.94 and a current ratio of 1.25. Rolls-Royce Holdings PLC has a 1 year low of $7.38 and a 1 year high of $17.76.

About Rolls-Royce Holdings PLC

Rolls-Royce Holdings plc is a UK-based multinational engineering company that designs, manufactures and services power systems for the civil and defence aerospace, marine and energy markets. The company’s core activities include the development and production of turbine engines for commercial and military aircraft, propulsion and power systems for naval vessels, and industrial gas turbines for power generation and distributed energy applications. A significant portion of its business is focused on aftermarket support, providing maintenance, repair and overhaul (MRO) services and long-term service agreements to customers worldwide.

In aerospace, Rolls‑Royce is best known for its high-thrust turbofan engines used on widebody and regional aircraft, supported by comprehensive service programs and digital monitoring solutions that optimize engine health and operational availability.