Rolls-Royce Holdings plc (LON:RR) Insider Tufan Erginbilgic Sells 6,811 Shares

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic sold 6,811 shares of the business’s stock in a transaction dated Monday, September 29th. The stock was sold at an average price of GBX 1,190, for a total value of £81,050.90.

Tufan Erginbilgic also recently made the following trade(s):

• On Tuesday, August 26th, Tufan Erginbilgic sold 7,694 shares of Rolls-Royce Holdings plc stock. The stock was sold at an average price of GBX 1,047, for a total value of £80,556.18.
• On Monday, July 28th, Tufan Erginbilgic sold 7,763 shares of Rolls-Royce Holdings plc stock. The shares were sold at an average price of GBX 985, for a total transaction of £76,465.55.

Rolls-Royce Holdings plc Stock Up 0.1%

LON RR opened at GBX 1,168.50 on Friday. Rolls-Royce Holdings plc has a 52 week low of GBX 196.45 and a 52 week high of GBX 537.20. The firm has a market capitalization of £100.22 billion, a P/E ratio of 42.60, a PEG ratio of 0.55 and a beta of 1.82. The company has a 50-day moving average price of GBX 1,091.85 and a 200-day moving average price of GBX 924.17.

Rolls-Royce Holdings plc (LON:RR) last released its quarterly earnings results on Thursday, July 31st. The company reported GBX 15.74 EPS for the quarter. Rolls-Royce Holdings plc had a net margin of 13.08% and a negative return on equity of 78.08%. As a group, equities research analysts anticipate that Rolls-Royce Holdings plc will post 8.5952 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently commented on RR. Morgan Stanley reaffirmed an “overweight” rating on shares of Rolls-Royce Holdings plc in a research report on Friday, September 5th. JPMorgan Chase & Co. upped their price target on shares of Rolls-Royce Holdings plc from GBX 1,040 to GBX 1,245 and gave the company an “overweight” rating in a research report on Monday, August 11th. Shore Capital reaffirmed a “hold” rating on shares of Rolls-Royce Holdings plc in a research report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft upped their price target on shares of Rolls-Royce Holdings plc from GBX 1,000 to GBX 1,220 and gave the company a “buy” rating in a research report on Thursday, August 7th. Finally, Citigroup boosted their price objective on Rolls-Royce Holdings plc from GBX 641 to GBX 1,101 and gave the company a “neutral” rating in a research note on Friday, August 29th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,188.67.

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.