Rolls-Royce Holdings plc (OTCMKTS:RYCEY) Hits New 12-Month High at $6.96

Rolls-Royce Holdings plc (OTCMKTS:RYCEY - Get Free Report) reached a new 52-week high on Thursday . The company traded as high as $6.96 and last traded at $6.95, with a volume of 3950558 shares. The stock had previously closed at $6.55.Rolls-Royce Holdings plc Stock Up 6.1 %The firm's 50 day moving average is $6.13 and its two-hundred day moving average is $5.65. Institutional Investors Weigh In On Rolls-Royce Holdings plcInstitutional investors have recently bought and sold shares of the stock. GAMMA Investing LLC boosted its holdings in Rolls-Royce Holdings plc by 49.5% in the 2nd quarter. GAMMA Investing LLC now owns 10,355 shares of the aerospace company's stock worth $59,000 after buying an additional 3,430 shares during the period. HighPoint Advisor Group LLC purchased a new position in Rolls-Royce Holdings plc in the 4th quarter worth approximately $65,000. Fulton Bank N.A. lifted its holdings in shares of Rolls-Royce Holdings plc by 67.1% during the 1st quarter. Fulton Bank N.A. now owns 46,448 shares of the aerospace company's stock worth $250,000 after acquiring an additional 18,646 shares during the last quarter. Torray Investment Partners LLC purchased a new stake in Rolls-Royce Holdings plc during the second quarter valued at about $286,000. Finally, Rhumbline Advisers boosted its holdings in shares of Rolls-Royce Holdings plc by 19.0% in the 2nd quarter. Rhumbline Advisers now owns 83,570 shares of the aerospace company's stock worth $479,000 after purchasing an additional 13,353 shares in the last quarter. Institutional investors own 0.07% of the company's stock. About Rolls-Royce Holdings plc (Get Free Report)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.Recommended StoriesFive stocks we like better than Rolls-Royce Holdings plcBank Stocks - Best Bank Stocks to Invest InEdgewise Therapeutics Soars 50%: Key Reasons Behind the SurgeWhat Are Growth Stocks and Investing in Them How the Fed’s Rate Cut Could Supercharge These 3 ETFsStock Splits, Do They Really Impact Investors?Microsoft Stock: 3 Reasons It’s Ready to Crush Q4This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.→ “I’ll Give You the Knowledge and Confidence You Need to Make Your First Options Trade in Five Days or Less… Guaranteed!” (From InvestorPlace) (Ad)Should you invest $1,000 in Rolls-Royce Holdings plc right now?Before you consider Rolls-Royce Holdings plc, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rolls-Royce Holdings plc wasn't on the list.While Rolls-Royce Holdings plc currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here