Wendy Mars Acquires 119 Shares of Rolls-Royce Holdings plc (LON:RR) Stock

Rolls-Royce Holdings plc (LON:RR) insider Wendy Mars purchased 119 shares of Rolls-Royce Holdings plc stock in a transaction dated Friday, August 7th. The shares were bought at an average cost of GBX 1,537 per share, for a total transaction of £1,829.03.

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

• On Tuesday, July 7th, Wendy Mars bought 123 shares of Rolls-Royce Holdings plc stock. The shares were acquired at an average price of GBX 1,483 per share, with a total value of £1,824.09.
• On Monday, June 8th, Wendy Mars bought 151 shares of Rolls-Royce Holdings plc stock. The stock was acquired at an average cost of GBX 1,213 per share, for a total transaction of £1,831.63.

Rolls-Royce Holdings plc Stock Performance

Shares of LON:RR traded down GBX 3.40 on Monday, hitting GBX 1,530. The company’s stock had a trading volume of 7,489,279 shares. The stock’s 50-day moving average is GBX 1,392.61 and its two-hundred day moving average is GBX 1,290.74. The company has a market capitalization of £131.22 billion, a price-to-earnings ratio of 55.77, a price-to-earnings-growth ratio of 0.55 and a beta of 1.20. Rolls-Royce Holdings plc has a 12 month low of GBX 196.45 and a 12 month high of GBX 537.20.

Rolls-Royce Holdings plc (LON:RR) last posted 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%. Equities analysts expect that Rolls-Royce Holdings plc will post 8.5952 earnings per share for the current fiscal year.

Analysts Set New Price Targets

RR has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their target price on Rolls-Royce Holdings plc from GBX 1,625 to GBX 1,800 and gave the stock an “overweight” rating in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,325 price objective on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Jefferies Financial Group reissued a “buy” rating and set a GBX 1,870 price target on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Berenberg Bank boosted their price objective on Rolls-Royce Holdings plc from GBX 1,270 to GBX 1,430 and gave the stock a “buy” rating in a research note on Friday, June 12th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 1,600 target price on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Six analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 1,521.

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.