Rockwell Collins, Inc. (COL) Shares Bought by Toronto Dominion Bank

Toronto Dominion Bank boosted its stake in shares of Rockwell Collins, Inc. (NYSE:COL) by 13.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 71,652 shares of the aerospace company’s stock after buying an additional 8,380 shares during the period. Toronto Dominion Bank’s holdings in Rockwell Collins were worth $9,719,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of COL. Fieldpoint Private Securities LLC acquired a new position in shares of Rockwell Collins in the 3rd quarter valued at $100,000. FNY Partners Fund LP acquired a new stake in Rockwell Collins during the 3rd quarter worth about $104,000. Cerebellum GP LLC acquired a new stake in Rockwell Collins during the 4th quarter worth about $130,000. Keeler Thomas Management LLC acquired a new stake in Rockwell Collins during the 4th quarter worth about $135,000. Finally, North Star Investment Management Corp. grew its position in Rockwell Collins by 1,010.1% during the 4th quarter. North Star Investment Management Corp. now owns 1,099 shares of the aerospace company’s stock worth $149,000 after purchasing an additional 1,000 shares during the period. Institutional investors own 70.13% of the company’s stock.

Shares of Rockwell Collins, Inc. (NYSE:COL) traded down $0.40 during mid-day trading on Friday, reaching $137.13. 1,561,685 shares of the company’s stock traded hands, compared to its average volume of 1,353,970. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.56 and a quick ratio of 0.73. Rockwell Collins, Inc. has a 52 week low of $93.11 and a 52 week high of $139.63. The stock has a market cap of $22,547.07, a PE ratio of 25.54, a PEG ratio of 1.82 and a beta of 0.72.

Rockwell Collins (NYSE:COL) last issued its quarterly earnings results on Friday, January 26th. The aerospace company reported $1.59 EPS for the quarter, beating the Thomson Reuters’ consensus estimate 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 firm’s revenue was up 68.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.20 EPS. sell-side analysts predict that Rockwell Collins, Inc. will post 7.12 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 5th. Stockholders of record on Monday, February 12th will be given a dividend of $0.33 per share. The ex-dividend date is Friday, February 9th. This represents a $1.32 annualized dividend and a dividend yield of 0.96%. Rockwell Collins’s dividend payout ratio (DPR) is currently 24.58%.

Several brokerages have weighed in on COL. Royal Bank of Canada set a $140.00 price target on Rockwell Collins and gave the stock a “hold” rating in a research report on Sunday, November 12th. Zacks Investment Research lowered shares of Rockwell Collins from a “buy” rating to a “hold” rating in a research note on Tuesday, January 9th. Cowen reaffirmed a “hold” rating and issued a $135.00 price target on shares of Rockwell Collins in a research note on Friday, January 26th. Credit Suisse Group lowered shares of Rockwell Collins from an “outperform” rating to a “neutral” rating and set a $140.00 price target on the stock. in a research note on Wednesday, November 8th. Finally, Canaccord Genuity decreased their price target on shares of Rockwell Collins from $140.00 to $137.00 and set a “hold” rating on the stock in a research note on Tuesday, January 30th. One investment analyst has rated the stock with a sell rating, eighteen have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $133.83.

In related news, VP Douglas E. Stenske sold 3,287 shares of the business’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $135.00, for a total value of $443,745.00. Following the completion of the sale, the vice president now directly owns 8,776 shares of the company’s stock, valued at $1,184,760. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CFO Patrick E. Allen sold 25,410 shares of the business’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $135.02, for a total transaction of $3,430,858.20. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 36,331 shares of company stock valued at $4,891,757. Corporate insiders own 1.10% of the company’s stock.

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About Rockwell Collins

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.

Institutional Ownership by Quarter for Rockwell Collins (NYSE:COL)

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