Atlas Capital Advisors Inc. Invests $863,000 in Rolls-Royce Holdings PLC $RYCEY

Atlas Capital Advisors Inc. bought a new position in Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 54,930 shares of the aerospace company’s stock, valued at approximately $863,000.

Several other institutional investors have also recently made changes to their positions in RYCEY. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Rolls-Royce Holdings PLC in the 4th quarter worth approximately $33,000. Kelleher Financial Advisors bought a new position in shares of Rolls-Royce Holdings PLC in the 3rd quarter worth approximately $37,000. PNC Financial Services Group Inc. raised its position in shares of Rolls-Royce Holdings PLC by 30.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,095 shares of the aerospace company’s stock worth $112,000 after acquiring an additional 1,658 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new position in Rolls-Royce Holdings PLC during the 4th quarter valued at approximately $367,000. Finally, HighPoint Advisor Group LLC increased its position in Rolls-Royce Holdings PLC by 17.9% during the 4th quarter. HighPoint Advisor Group LLC now owns 45,752 shares of the aerospace company’s stock valued at $719,000 after buying an additional 6,944 shares in the last quarter. Institutional investors own 0.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. BNP Paribas Exane assumed coverage on Rolls-Royce Holdings PLC in a research report on Friday, May 29th. They set an “outperform” rating for the company. Wells Fargo & Company upgraded Rolls-Royce Holdings PLC to a “strong-buy” rating in a research note on Tuesday, March 31st. Finally, Berenberg Bank upgraded Rolls-Royce Holdings PLC from a “hold” rating to a “buy” rating in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Rolls-Royce Holdings PLC has an average rating of “Buy”.

Rolls-Royce Holdings PLC Price Performance

RYCEY stock opened at $17.60 on Monday. Rolls-Royce Holdings PLC has a 1 year low of $11.88 and a 1 year high of $18.98. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.91 and a current ratio of 1.20. The stock’s fifty day moving average price is $16.59 and its 200-day moving average price is $16.50.

Rolls-Royce Holdings PLC Profile

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.