Tufan Erginbilgic Sells 3,516 Shares of Rolls-Royce Holdings plc (LON:RR) Stock

Rolls-Royce Holdings plc (LON:RR) insider Tufan Erginbilgic sold 3,516 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of GBX 1,303, for a total transaction of £45,813.48.

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

• On Monday, April 27th, Tufan Erginbilgic sold 3,855 shares of Rolls-Royce Holdings plc stock. The shares were sold at an average price of GBX 1,137, for a total transaction of £43,831.35.
• On Monday, March 2nd, Tufan Erginbilgic sold 4,155 shares of Rolls-Royce Holdings plc stock. The shares were sold at an average price of GBX 1,314, for a total transaction of £54,596.70.

Rolls-Royce Holdings plc Trading Up 1.3%

RR traded up GBX 17.40 during midday trading on Friday, hitting GBX 1,314.60. 15,138,362 shares of the company traded hands. The company has a market capitalization of £112.75 billion, a price-to-earnings ratio of 47.92, a PEG ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 52-week low of GBX 196.45 and a 52-week high of GBX 537.20. The business has a 50 day simple moving average of GBX 1,203.77 and a two-hundred day simple moving average of GBX 1,200.90.

Rolls-Royce Holdings plc (LON:RR) last posted its quarterly earnings data on Thursday, February 26th. The company reported GBX 29.55 earnings per share (EPS) for the quarter. Rolls-Royce Holdings plc had a net margin of 27.54% and a return on equity of 227.54%. Equities research analysts anticipate that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of Rolls-Royce Holdings plc from GBX 1,320 to GBX 1,500 and gave the stock an “overweight” rating in a research note on Tuesday, April 7th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Rolls-Royce Holdings plc from GBX 1,290 to GBX 1,550 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Berenberg Bank raised their price target on shares of Rolls-Royce Holdings plc from GBX 1,250 to GBX 1,270 and gave the stock a “hold” rating in a research note on Monday, May 11th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a GBX 1,530 price target on shares of Rolls-Royce Holdings plc in a research note on Thursday, April 30th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Rolls-Royce Holdings plc presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,390.20.

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.