Cwm LLC lessened its position in Rockwell Collins, Inc. (NYSE:COL) by 17.1% during the third quarter, Holdings Channel reports. The fund owned 2,693 shares of the aerospace company’s stock after selling 556 shares during the period. Cwm LLC’s holdings in Rockwell Collins were worth $378,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Gradient Investments LLC bought a new stake in Rockwell Collins in the 2nd quarter worth $105,000. Integrated Investment Consultants LLC bought a new stake in Rockwell Collins in the 2nd quarter worth $108,000. Fort L.P. bought a new stake in Rockwell Collins in the 2nd quarter worth $120,000. Steward Partners Investment Advisory LLC grew its holdings in Rockwell Collins by 121.7% in the 3rd quarter. Steward Partners Investment Advisory LLC now owns 867 shares of the aerospace company’s stock worth $122,000 after acquiring an additional 476 shares during the last quarter. Finally, North Star Investment Management Corp. bought a new stake in Rockwell Collins in the 2nd quarter worth $135,000. 67.27% of the stock is currently owned by institutional investors and hedge funds.
A number of brokerages have issued reports on COL. Cowen reissued a “hold” rating and issued a $135.00 price target on shares of Rockwell Collins in a report on Friday, July 27th. Zacks Investment Research raised shares of Rockwell Collins from a “hold” rating to a “buy” rating and set a $150.00 price target on the stock in a report on Thursday, October 18th. ValuEngine lowered shares of Rockwell Collins from a “buy” rating to a “hold” rating in a report on Wednesday, July 11th. 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 issued a buy rating to the company’s stock. Rockwell Collins currently has an average rating of “Hold” and a consensus target price of $141.00.
Shares of COL opened at $131.58 on Monday. The stock has a market cap of $21.63 billion, a PE ratio of 18.99, a P/E/G ratio of 1.41 and a beta of 0.74. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.84 and a current ratio of 1.65. Rockwell Collins, Inc. has a 1-year low of $125.04 and a 1-year high of $142.61.
The business also recently announced a quarterly dividend, which will be paid on Monday, December 10th. Stockholders of record on Friday, November 16th will be paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.00%. Rockwell Collins’s payout ratio is 21.46%.
Rockwell Collins Company Profile
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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