Mcintyre Freedman & Flynn Investment Advisers Inc. Purchases New Shares in Rolls-Royce Holdings PLC $RYCEY

Mcintyre Freedman & Flynn Investment Advisers Inc. acquired a new stake in Rolls-Royce Holdings PLC (OTCMKTS:RYCEY) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 104,325 shares of the aerospace company’s stock, valued at approximately $1,690,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. L & S Advisors Inc grew its holdings in shares of Rolls-Royce Holdings PLC by 16.4% during the second quarter. L & S Advisors Inc now owns 288,058 shares of the aerospace company’s stock worth $3,854,000 after purchasing an additional 40,691 shares during the last quarter. Rhumbline Advisers increased its stake in shares of Rolls-Royce Holdings PLC by 1.5% in the second quarter. Rhumbline Advisers now owns 82,415 shares of the aerospace company’s stock valued at $1,103,000 after buying an additional 1,205 shares in the last quarter. Bowen Hanes & Co. Inc. raised its holdings in shares of Rolls-Royce Holdings PLC by 42.8% in the second quarter. Bowen Hanes & Co. Inc. now owns 4,043,310 shares of the aerospace company’s stock valued at $54,099,000 after buying an additional 1,211,310 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Rolls-Royce Holdings PLC by 8.8% in the third quarter. GAMMA Investing LLC now owns 37,471 shares of the aerospace company’s stock valued at $607,000 after buying an additional 3,028 shares during the last quarter. Finally, Salomon & Ludwin LLC lifted its position in Rolls-Royce Holdings PLC by 2,646.8% during the 3rd quarter. Salomon & Ludwin LLC now owns 3,049 shares of the aerospace company’s stock worth $48,000 after buying an additional 2,938 shares in the last quarter. Institutional investors and hedge funds own 0.07% of the company’s stock.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada began coverage on shares of Rolls-Royce Holdings PLC in a report on Tuesday, November 18th. They set an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Rolls-Royce Holdings PLC presently has a consensus rating of “Moderate Buy”.

Rolls-Royce Holdings PLC Trading Down 5.7%

RYCEY stock opened at $16.35 on Friday. The company has a 50 day moving average price of $17.45 and a 200 day moving average price of $15.92. Rolls-Royce Holdings PLC has a fifty-two week low of $8.01 and a fifty-two week high of $18.98. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.94 and a current ratio of 1.25.

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.