Amundi Pioneer Asset Management Inc. lessened its position in shares of Rockwell Collins, Inc. (NYSE:COL) by 61.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,686 shares of the aerospace company’s stock after selling 148,906 shares during the period. Amundi Pioneer Asset Management Inc. owned about 0.06% of Rockwell Collins worth $12,246,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Simmons Bank grew its holdings in shares of Rockwell Collins by 0.6% in the 2nd quarter. Simmons Bank now owns 7,593 shares of the aerospace company’s stock valued at $799,000 after acquiring an additional 43 shares in the last quarter. Oppenheimer & Co. Inc. grew its holdings in shares of Rockwell Collins by 1.1% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 6,158 shares of the aerospace company’s stock valued at $647,000 after acquiring an additional 67 shares in the last quarter. Rothschild Asset Management Inc. grew its holdings in shares of Rockwell Collins by 1.4% in the 2nd quarter. Rothschild Asset Management Inc. now owns 5,372 shares of the aerospace company’s stock valued at $564,000 after acquiring an additional 74 shares in the last quarter. Sentry Investment Management LLC grew its holdings in shares of Rockwell Collins by 1.1% in the 2nd quarter. Sentry Investment Management LLC now owns 9,707 shares of the aerospace company’s stock valued at $1,020,000 after acquiring an additional 104 shares in the last quarter. Finally, Peddock Capital Advisors LLC grew its holdings in shares of Rockwell Collins by 2.1% in the 2nd quarter. Peddock Capital Advisors LLC now owns 6,447 shares of the aerospace company’s stock valued at $677,000 after acquiring an additional 131 shares in the last quarter. Hedge funds and other institutional investors own 72.80% of the company’s stock.

Rockwell Collins, Inc. (NYSE:COL) traded up $0.33 during trading on Friday, reaching $132.31. The company had a trading volume of 3,377,300 shares, compared to its average volume of 1,790,058. Rockwell Collins, Inc. has a fifty-two week low of $88.80 and a fifty-two week high of $136.50. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.55 and a quick ratio of 0.75. The company has a market capitalization of $21,557.17, a PE ratio of 22.13, a P/E/G ratio of 1.58 and a beta of 0.73.

Rockwell Collins (NYSE:COL) last posted its quarterly earnings results on Friday, October 27th. The aerospace company reported $1.80 EPS for the quarter, hitting analysts’ consensus estimates of $1.80. Rockwell Collins had a return on equity of 22.00% and a net margin of 10.33%. The business had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.23 billion. During the same quarter last year, the company posted $1.58 earnings per share. Rockwell Collins’s quarterly revenue was up 51.8% on a year-over-year basis. sell-side analysts anticipate that Rockwell Collins, Inc. will post 7.18 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Shareholders of record on Monday, November 13th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, November 10th. This represents a $1.32 annualized dividend and a yield of 1.00%. Rockwell Collins’s dividend payout ratio (DPR) is presently 27.62%.

Several equities analysts have recently weighed in on COL shares. Morgan Stanley set a $135.00 price objective on Rockwell Collins and gave the company a “buy” rating in a report on Thursday, August 17th. Credit Suisse Group restated a “neutral” rating on shares of Rockwell Collins in a report on Friday, September 1st. Vertical Research cut Rockwell Collins from a “buy” rating to a “hold” rating and decreased their price objective for the company from $143.00 to $140.00 in a report on Tuesday, September 5th. Deutsche Bank cut Rockwell Collins from a “buy” rating to a “hold” rating and set a $140.00 price objective for the company. in a report on Tuesday, September 5th. Finally, Canaccord Genuity cut Rockwell Collins from a “buy” rating to a “hold” rating and raised their price objective for the company from $125.00 to $140.00 in a report on Tuesday, September 5th. One research analyst has rated the stock with a sell rating, seventeen have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $128.85.

In related news, Director Harlan Donnley Meade acquired 1,666,667 shares of the business’s stock in a transaction on Friday, September 15th. The stock was purchased at an average cost of $0.06 per share, for a total transaction of $100,000.02. Also, VP Robert A. Sturgell sold 1,734 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $132.10, for a total transaction of $229,061.40. The disclosure for this sale can be found here. Insiders have sold 535,481 shares of company stock valued at $72,458,490 over the last 90 days. Company insiders own 1.50% of the company’s stock.

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

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