Oakbrook Investments LLC lessened its stake in Rockwell Collins, Inc. (NYSE:COL) by 10.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,493 shares of the aerospace company’s stock after selling 895 shares during the period. Oakbrook Investments LLC’s holdings in Rockwell Collins were worth $1,016,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also made changes to their positions in the company. Simmons Bank raised its holdings in Rockwell Collins by 0.6% during the second quarter. Simmons Bank now owns 7,593 shares of the aerospace company’s stock worth $799,000 after purchasing an additional 43 shares in the last quarter. Sentry Investment Management LLC increased its holdings in Rockwell Collins by 1.1% in the second quarter. Sentry Investment Management LLC now owns 9,707 shares of the aerospace company’s stock valued at $1,020,000 after buying an additional 104 shares in the last quarter. First Allied Advisory Services Inc. increased its holdings in Rockwell Collins by 6.0% in the second quarter. First Allied Advisory Services Inc. now owns 4,201 shares of the aerospace company’s stock valued at $443,000 after buying an additional 236 shares in the last quarter. Fulton Bank N.A. increased its stake in shares of Rockwell Collins by 13.8% during the 3rd quarter. Fulton Bank N.A. now owns 3,153 shares of the aerospace company’s stock worth $413,000 after purchasing an additional 383 shares in the last quarter. Finally, FTB Advisors Inc. increased its stake in shares of Rockwell Collins by 36.8% during the 2nd quarter. FTB Advisors Inc. now owns 1,458 shares of the aerospace company’s stock worth $175,000 after purchasing an additional 392 shares in the last quarter. Institutional investors and hedge funds own 71.36% of the company’s stock.
A number of research analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Rockwell Collins from a “hold” rating to a “buy” rating and set a $151.00 price objective for the company in a research note on Monday, October 23rd. Canaccord Genuity decreased their price target on shares of Rockwell Collins from $140.00 to $137.00 and set a “hold” rating for the company in a report on Tuesday, January 30th. Royal Bank of Canada set a $151.00 price target on shares of Rockwell Collins and gave the company a “hold” rating in a report on Wednesday, January 24th. Wells Fargo & Co lowered shares of Rockwell Collins from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 16th. Finally, ValuEngine raised shares of Rockwell Collins from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $134.01.
Rockwell Collins, Inc. (NYSE:COL) traded up $1.44 during trading hours on Monday, reaching $134.68. 1,320,000 shares of the company traded hands, compared to its average volume of 1,310,000. Rockwell Collins, Inc. has a 1 year low of $90.07 and a 1 year high of $139.63. The firm has a market cap of $22,060.00, a PE ratio of 25.03, a P/E/G ratio of 1.77 and a beta of 0.72. The company has a current ratio of 1.56, a quick ratio of 0.73 and a debt-to-equity ratio of 1.02.
Rockwell Collins (NYSE:COL) last announced its quarterly earnings data on Friday, January 26th. The aerospace company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.06. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2 billion. Rockwell Collins had a net margin of 10.99% and a return on equity of 19.58%. The business’s revenue was up 68.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.20 EPS. research analysts forecast that Rockwell Collins, Inc. will post 7.12 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Monday, March 5th. Investors of record on Monday, February 12th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date is Friday, February 9th. Rockwell Collins’s dividend payout ratio (DPR) is currently 24.54%.
In other Rockwell Collins news, VP Robert A. Sturgell sold 1,734 shares of the stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $132.10, for a total transaction of $229,061.40. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP David J. Nieuwsma sold 3,900 shares of the firm’s stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $133.00, for a total transaction of $518,700.00. The disclosure for this sale can be found here. Insiders have sold a total of 41,965 shares of company stock valued at $5,639,519 in the last quarter. 1.10% of the stock is currently owned by corporate insiders.
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Rockwell Collins Profile
Rockwell Collins, Inc designs, produces and supports communications and aviation systems for commercial and military customers. The Company provides information management services through voice and data communication networks and solutions across the world. The Company operates through three segments: Commercial Systems, Government Systems and Information Management Services.
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