Rolls-Royce Holdings plc (LON:RR) Insider Wendy Mars Acquires 128 Shares of Company Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars bought 128 shares of the stock in a transaction dated Wednesday, October 7th. The stock was purchased at an average cost of GBX 1,427 per share, for a total transaction of £1,826.56.

Wendy Mars also recently made the following trade(s):

• On Monday, September 7th, Wendy Mars acquired 123 shares of Rolls-Royce Holdings plc stock. The shares were acquired at an average cost of GBX 1,490 per share, for a total transaction of £1,832.70.
• On Friday, August 7th, Wendy Mars purchased 119 shares of Rolls-Royce Holdings plc stock. The shares were bought at an average price of GBX 1,537 per share, with a total value of £1,829.03.

Rolls-Royce Holdings plc Price Performance

RR traded down GBX 33.80 during midday trading on Thursday, reaching GBX 1,404.40. 11,597,329 shares of the company’s stock were exchanged. The business’s 50-day moving average price is GBX 1,492.08 and its 200 day moving average price is GBX 1,357.64. The stock has a market capitalization of £120.45 billion, a PE ratio of 51.19, a P/E/G ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 1-year low of GBX 196.45 and a 1-year high of GBX 537.20.

Rolls-Royce Holdings plc (LON:RR) last issued its quarterly earnings data on Thursday, July 30th. The company reported GBX 22.17 earnings per share for the quarter. Rolls-Royce Holdings plc had a net margin of 13.11% and a return on equity of 108.91%. As a group, analysts expect that Rolls-Royce Holdings plc will post 8.5952 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 1,600 price objective on shares of Rolls-Royce Holdings plc in a research note on Friday, July 31st. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,870 target price on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Berenberg Bank lifted their price target on shares of Rolls-Royce Holdings plc from GBX 1,430 to GBX 1,900 and gave the stock a “buy” rating in a report on Tuesday, August 18th. JPMorgan Chase & Co. upped their price objective on shares of Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 1,325 target price on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Rolls-Royce Holdings plc presently has an average rating of “Moderate Buy” and an average target price of GBX 1,690.33.

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. The Defence segment is involved in the development, manufacture, marketing, and sale of military aero engines, naval engines, and submarine nuclear power plants, as well as offers aftermarket services.