GAMMA Investing LLC Purchases 6,727 Shares of Rolls-Royce Holdings plc (OTCMKTS:RYCEY)

GAMMA Investing LLC grew its position in Rolls-Royce Holdings plc (OTCMKTS:RYCEY) by 35.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,573 shares of the aerospace company’s stock after purchasing an additional 6,727 shares during the quarter. GAMMA Investing LLC’s holdings in Rolls-Royce Holdings plc were worth $182,000 as of its most recent filing with the SEC.

Separately, Financial Avengers Inc. increased its holdings in Rolls-Royce Holdings plc by 13.2% in the third quarter. Financial Avengers Inc. now owns 21,500 shares of the aerospace company’s stock worth $152,000 after purchasing an additional 2,500 shares in the last quarter. Hedge funds and other institutional investors own 0.07% of the company’s stock.

Rolls-Royce Holdings plc Price Performance

Shares of OTCMKTS RYCEY opened at $7.12 on Thursday. The company’s fifty day simple moving average is $7.20 and its 200 day simple moving average is $6.69. Rolls-Royce Holdings plc has a 12-month low of $3.69 and a 12-month high of $7.68.

Analyst Ratings Changes

Separately, Citigroup cut Rolls-Royce Holdings plc from a “buy” rating to a “neutral” rating in a report on Monday.

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.