OLD National Bancorp IN Decreases Stake in Rolls-Royce Holdings plc (OTCMKTS:RYCEY)

OLD National Bancorp IN cut its stake in shares of Rolls-Royce Holdings plc (OTCMKTS:RYCEY) by 20.2% during the second quarter, HoldingsChannel reports. The firm owned 77,183 shares of the aerospace company’s stock after selling 19,522 shares during the quarter. OLD National Bancorp IN’s holdings in Rolls-Royce Holdings plc were worth $446,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in RYCEY. Henry James International Management Inc. raised its position in Rolls-Royce Holdings plc by 435.8% during the first quarter. Henry James International Management Inc. now owns 859,863 shares of the aerospace company’s stock valued at $4,626,000 after purchasing an additional 699,379 shares during the period. Tieton Capital Management LLC purchased a new stake in Rolls-Royce Holdings plc during the fourth quarter valued at approximately $75,000. Fulton Bank N.A. raised its position in Rolls-Royce Holdings plc by 67.1% during the first quarter. Fulton Bank N.A. now owns 46,448 shares of the aerospace company’s stock valued at $250,000 after purchasing an additional 18,646 shares during the period. HighPoint Advisor Group LLC bought a new position in shares of Rolls-Royce Holdings plc during the fourth quarter valued at approximately $65,000. Finally, GAMMA Investing LLC grew its stake in shares of Rolls-Royce Holdings plc by 49.5% during the second quarter. GAMMA Investing LLC now owns 10,355 shares of the aerospace company’s stock valued at $59,000 after buying an additional 3,430 shares during the last quarter. 0.07% of the stock is currently owned by hedge funds and other institutional investors.

Rolls-Royce Holdings plc Trading Up 2.2 %

Shares of RYCEY traded up $0.13 during mid-day trading on Friday, reaching $6.16. 1,663,617 shares of the company’s stock traded hands, compared to its average volume of 2,903,091. The stock’s 50-day moving average is $5.81 and its two-hundred day moving average is $5.19. Rolls-Royce Holdings plc has a 12 month low of $2.35 and a 12 month high of $6.39.

Rolls-Royce Holdings plc 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.