Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Hits New 12-Month High at $6.50

Rolls-Royce Holdings plc (OTCMKTS:RYCEY) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $6.50 and last traded at $6.45, with a volume of 1540821 shares changing hands. The stock had previously closed at $6.40.

Rolls-Royce Holdings plc Price Performance

The firm has a 50-day moving average of $5.92 and a 200 day moving average of $5.37.

Hedge Funds Weigh In On Rolls-Royce Holdings plc

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Henry James International Management Inc. boosted its stake in Rolls-Royce Holdings plc by 435.8% during the 1st quarter. Henry James International Management Inc. now owns 859,863 shares of the aerospace company’s stock valued at $4,626,000 after purchasing an additional 699,379 shares in the last quarter. Hantz Financial Services Inc. bought a new position in Rolls-Royce Holdings plc during the 2nd quarter valued at $2,765,000. Atlas Capital Advisors LLC boosted its stake in shares of Rolls-Royce Holdings plc by 60,646.2% during the 2nd quarter. Atlas Capital Advisors LLC now owns 111,773 shares of the aerospace company’s stock worth $640,000 after acquiring an additional 111,589 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Rolls-Royce Holdings plc by 19.0% during the 2nd quarter. Rhumbline Advisers now owns 83,570 shares of the aerospace company’s stock worth $479,000 after acquiring an additional 13,353 shares in the last quarter. Finally, Fulton Bank N.A. boosted its stake in shares of Rolls-Royce Holdings plc by 33.1% during the 2nd quarter. Fulton Bank N.A. now owns 61,842 shares of the aerospace company’s stock worth $357,000 after acquiring an additional 15,394 shares in the last quarter. 0.07% of the stock is owned by institutional investors.

Rolls-Royce Holdings plc Company Profile

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.