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StockNews.com Initiates Coverage on RBC Bearings (NASDAQ:ROLL) - MarketBeat

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StockNews.com initiated coverage on shares of RBC Bearings (NASDAQ:ROLL - Get Rating) in a note issued to investors on Sunday. The brokerage set a "hold" rating on the stock.RBC Bearings Stock Down 1.8 % Self Aligning Spherical Roller Bearing

StockNews.com Initiates Coverage on RBC Bearings (NASDAQ:ROLL) - MarketBeat

RBC Bearings stock opened at $209.35 on Friday. RBC Bearings has a 52-week low of $152.90 and a 52-week high of $264.94. The stock has a fifty day simple moving average of $230.72. Institutional Investors Weigh In On RBC Bearings

Several large investors have recently made changes to their positions in the business. Mountain Pacific Investment Advisers Inc. ID boosted its stake in shares of RBC Bearings by 24.1% in the third quarter. Mountain Pacific Investment Advisers Inc. ID now owns 38,220 shares of the company's stock valued at $7,942,000 after purchasing an additional 7,427 shares during the period. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of RBC Bearings by 8.2% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 29,568 shares of the company's stock valued at $6,145,000 after purchasing an additional 2,241 shares during the period. DAVENPORT & Co LLC boosted its stake in shares of RBC Bearings by 2.1% in the third quarter. DAVENPORT & Co LLC now owns 8,022 shares of the company's stock valued at $1,667,000 after purchasing an additional 162 shares during the period. Vestmark Advisory Solutions Inc. boosted its stake in shares of RBC Bearings by 31.1% in the third quarter. Vestmark Advisory Solutions Inc. now owns 11,869 shares of the company's stock valued at $2,466,000 after purchasing an additional 2,819 shares during the period. Finally, Royce & Associates LP boosted its stake in shares of RBC Bearings by 22.2% in the third quarter. Royce & Associates LP now owns 182,825 shares of the company's stock valued at $37,993,000 after purchasing an additional 33,157 shares during the period. RBC Bearings Company Profile (Get Rating)

RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications.Further ReadingGet a free copy of the StockNews.com research report on RBC Bearings (ROLL)MarketBeat: Week in Review 12/26 – 12/30The Dogs Of Tech: It’s Time For A Bite Of These StocksDoes This Acquisition Make Microsoft a Bear Market Buy?Is Kintara Therapeutics A Hidden Gem?Should You Warm up to Generac Stock for the Winter?

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StockNews.com Initiates Coverage on RBC Bearings (NASDAQ:ROLL) - MarketBeat

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