Insider Buying: Rolls-Royce Holdings plc (LON:RR) Insider Acquires £1,098.79 in Stock

Rolls-Royce Holdings plc (LON:RR) insider Birgit Behrendt purchased 77 shares of the firm’s stock in a transaction dated Wednesday, October 7th. The shares were bought at an average cost of GBX 1,427 per share, for a total transaction of £1,098.79.

Birgit Behrendt also recently made the following trade(s):

• On Thursday, September 10th, Birgit Behrendt acquired 6,900 shares of Rolls-Royce Holdings plc stock. The stock was bought at an average price of GBX 1,427 per share, with a total value of £98,463.
• On Monday, September 7th, Birgit Behrendt bought 74 shares of Rolls-Royce Holdings plc stock. The stock was purchased at an average cost of GBX 1,490 per share, with a total value of £1,102.60.
• On Friday, August 7th, Birgit Behrendt bought 72 shares of Rolls-Royce Holdings plc stock. The shares were purchased at an average price of GBX 1,537 per share, with a total value of £1,106.64.

Rolls-Royce Holdings plc Trading Down 2.4%

Rolls-Royce Holdings plc stock traded down GBX 33.80 during mid-day trading on Thursday, hitting GBX 1,404.40. The stock had a trading volume of 11,597,329 shares. The stock has a 50-day simple moving average of GBX 1,492.08 and a two-hundred day simple moving average of 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 12 month low of GBX 196.45 and a 12 month high of GBX 537.20.

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

Wall Street Analyst Weigh In

A number of analysts have recently commented on RR shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 1,325 price target on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,870 price objective on shares of Rolls-Royce Holdings plc in a report on Friday, July 31st. Berenberg Bank increased their target price 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. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 1,600 price target on shares of Rolls-Royce Holdings plc in a research report on Friday, July 31st. Finally, Citigroup raised their price objective on Rolls-Royce Holdings plc from GBX 1,101 to GBX 1,647 and gave the company a “neutral” rating in a report on Monday, August 17th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target 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.