Rockwell Collins, Inc. (COL) Position Reduced by Perella Weinberg Partners Capital Management LP

Perella Weinberg Partners Capital Management LP decreased its position in shares of Rockwell Collins, Inc. (NYSE:COL) by 19.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,105 shares of the aerospace company’s stock after selling 33,826 shares during the period. Perella Weinberg Partners Capital Management LP owned 0.08% of Rockwell Collins worth $19,400,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. UMB Bank N A MO raised its holdings in Rockwell Collins by 23.8% during the second quarter. UMB Bank N A MO now owns 1,953 shares of the aerospace company’s stock worth $263,000 after purchasing an additional 376 shares in the last quarter. TD Asset Management Inc. raised its holdings in Rockwell Collins by 0.8% during the second quarter. TD Asset Management Inc. now owns 49,794 shares of the aerospace company’s stock worth $6,706,000 after purchasing an additional 378 shares in the last quarter. State Treasurer State of Michigan raised its holdings in Rockwell Collins by 0.8% during the third quarter. State Treasurer State of Michigan now owns 49,009 shares of the aerospace company’s stock worth $6,884,000 after purchasing an additional 400 shares in the last quarter. Parallel Advisors LLC raised its holdings in Rockwell Collins by 58.0% during the second quarter. Parallel Advisors LLC now owns 1,101 shares of the aerospace company’s stock worth $148,000 after purchasing an additional 404 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in Rockwell Collins by 1.0% during the second quarter. Raymond James & Associates now owns 43,229 shares of the aerospace company’s stock worth $5,822,000 after purchasing an additional 441 shares in the last quarter. 67.24% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts recently commented on the company. Zacks Investment Research raised Rockwell Collins from a “hold” rating to a “buy” rating and set a $150.00 target price on the stock in a report on Thursday, October 18th. Seaport Global Securities reissued a “neutral” rating on shares of Rockwell Collins in a report on Monday, September 17th. Cowen reissued a “hold” rating and set a $135.00 target price on shares of Rockwell Collins in a report on Friday, July 27th. Finally, ValuEngine cut Rockwell Collins from a “buy” rating to a “hold” rating in a report on Wednesday, July 11th. Seven analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $141.00.

NYSE COL opened at $130.35 on Friday. The firm has a market capitalization of $21.07 billion, a price-to-earnings ratio of 21.20, a P/E/G ratio of 1.37 and a beta of 0.65. Rockwell Collins, Inc. has a 1 year low of $125.04 and a 1 year high of $142.61. The company has a current ratio of 1.65, a quick ratio of 0.84 and a debt-to-equity ratio of 0.93.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 10th. Shareholders of record on Friday, November 16th will be issued a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 1.01%. Rockwell Collins’s dividend payout ratio is currently 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.

Further Reading: Cash Flow

Want to see what other hedge funds are holding COL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rockwell Collins, Inc. (NYSE:COL).

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

Receive News & Ratings for Rockwell Collins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rockwell Collins and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply