Creative Planning Has $1.43 Million Holdings in Rockwell Collins, Inc. (COL)

Creative Planning grew its stake in Rockwell Collins, Inc. (NYSE:COL) by 4.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,181 shares of the aerospace company’s stock after buying an additional 446 shares during the quarter. Creative Planning’s holdings in Rockwell Collins were worth $1,430,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. UMB Bank N A MO increased its position in Rockwell Collins by 23.8% in the second quarter. UMB Bank N A MO now owns 1,953 shares of the aerospace company’s stock worth $263,000 after buying an additional 376 shares in the last quarter. TD Asset Management Inc. increased its position in Rockwell Collins by 0.8% in the second quarter. TD Asset Management Inc. now owns 49,794 shares of the aerospace company’s stock worth $6,706,000 after buying an additional 378 shares in the last quarter. Parallel Advisors LLC increased its position in Rockwell Collins by 58.0% in the second quarter. Parallel Advisors LLC now owns 1,101 shares of the aerospace company’s stock worth $148,000 after buying an additional 404 shares in the last quarter. Raymond James & Associates increased its position in Rockwell Collins by 1.0% in the second quarter. Raymond James & Associates now owns 43,229 shares of the aerospace company’s stock worth $5,822,000 after buying an additional 441 shares in the last quarter. Finally, Qube Research & Technologies Ltd increased its position in Rockwell Collins by 19.5% in the second quarter. Qube Research & Technologies Ltd now owns 2,737 shares of the aerospace company’s stock worth $369,000 after buying an additional 446 shares in the last quarter. Institutional investors and hedge funds own 67.24% of the company’s stock.

A number of analysts have commented on the company. Zacks Investment Research upgraded Rockwell Collins from a “hold” rating to a “buy” rating and set a $150.00 price target for the company in a research report on Thursday, October 18th. ValuEngine lowered Rockwell Collins from a “buy” rating to a “hold” rating in a research note on Wednesday, July 11th. Cowen reaffirmed a “hold” rating and issued a $135.00 price objective on shares of Rockwell Collins in a research note on Friday, July 27th. Finally, Seaport Global Securities reaffirmed a “neutral” rating on shares of Rockwell Collins in a research note on Monday, September 17th. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Rockwell Collins presently has a consensus rating of “Hold” and a consensus target price of $141.00.

NYSE COL opened at $130.35 on Friday. The stock has a market capitalization of $21.07 billion, a PE ratio of 21.20, a price-to-earnings-growth ratio of 1.37 and a beta of 0.65. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.65 and a quick ratio of 0.84. Rockwell Collins, Inc. has a twelve month low of $125.04 and a twelve month high of $142.61.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 10th. Stockholders of record on Friday, November 16th will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.01%. Rockwell Collins’s dividend payout ratio (DPR) is 21.46%.

About Rockwell Collins

Rockwell Collins, Inc designs, produces, and supports communications and aviation systems worldwide. The company's Interior Systems segment offers commercial aircraft seats; galley structures, food and beverage preparation equipment, and water and waste systems; oxygen and passenger service equipment; cabin lighting systems; and business jet and general aviation interior products.

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

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