763 Shares in Rockwell Collins, Inc. (COL) Purchased by Fieldpoint Private Securities LLC
Fieldpoint Private Securities LLC bought a new stake in Rockwell Collins, Inc. (NYSE:COL) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 763 shares of the aerospace company’s stock, valued at approximately $100,000.
A number of other institutional investors have also added to or reduced their stakes in the business. Highlander Capital Management LLC grew its position in Rockwell Collins by 166.0% in the third quarter. Highlander Capital Management LLC now owns 2,724 shares of the aerospace company’s stock valued at $356,000 after acquiring an additional 1,700 shares during the last quarter. California Public Employees Retirement System grew its position in Rockwell Collins by 4.0% in the third quarter. California Public Employees Retirement System now owns 404,180 shares of the aerospace company’s stock valued at $52,830,000 after acquiring an additional 15,368 shares during the last quarter. Krilogy Financial LLC bought a new position in Rockwell Collins in the third quarter valued at about $418,000. Cubist Systematic Strategies LLC grew its position in Rockwell Collins by 67.5% in the third quarter. Cubist Systematic Strategies LLC now owns 13,290 shares of the aerospace company’s stock valued at $1,737,000 after acquiring an additional 5,357 shares during the last quarter. Finally, Cedar Hill Associates LLC bought a new position in Rockwell Collins in the third quarter valued at about $371,000. Hedge funds and other institutional investors own 72.80% of the company’s stock.
Rockwell Collins, Inc. (NYSE:COL) opened at $134.53 on Friday. The company has a quick ratio of 0.75, a current ratio of 1.55 and a debt-to-equity ratio of 1.10. The company has a market capitalization of $21,891.04, a P/E ratio of 22.36, a P/E/G ratio of 1.60 and a beta of 0.72. Rockwell Collins, Inc. has a 12 month low of $88.80 and a 12 month high of $136.50.
Rockwell Collins (NYSE:COL) last posted its quarterly earnings data on Friday, October 27th. The aerospace company reported $1.80 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.80. The company had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.23 billion. Rockwell Collins had a return on equity of 22.00% and a net margin of 10.33%. The firm’s quarterly revenue was up 51.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.58 earnings per share. analysts predict that Rockwell Collins, Inc. will post 7.18 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, December 4th. Investors of record on Monday, November 13th were paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date of this dividend was Friday, November 10th. Rockwell Collins’s dividend payout ratio is currently 27.62%.
COL has been the topic of a number of recent analyst reports. Vetr upgraded Rockwell Collins from a “hold” rating to a “strong-buy” rating and set a $166.10 target price on the stock in a research report on Monday, August 21st. Credit Suisse Group reissued a “neutral” rating on shares of Rockwell Collins in a research note on Friday, September 1st. Royal Bank of Canada set a $140.00 price target on Rockwell Collins and gave the company a “hold” rating in a research note on Sunday, November 12th. Jefferies Group reissued a “hold” rating and set a $115.00 price target on shares of Rockwell Collins in a research note on Sunday, September 3rd. Finally, Vertical Research raised Rockwell Collins from a “hold” rating to a “buy” rating and lifted their price target for the company from $130.00 to $143.00 in a research note on Tuesday, August 22nd. One analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $128.85.
In related news, VP Jeffrey D. Maclauchlan sold 7,634 shares of Rockwell Collins stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $133.24, for a total value of $1,017,154.16. Following the transaction, the vice president now directly owns 9,179 shares of the company’s stock, valued at $1,223,009.96. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Tatum J. Buse sold 19,170 shares of Rockwell Collins stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $135.36, for a total value of $2,594,851.20. Following the completion of the transaction, the vice president now directly owns 3,722 shares in the company, valued at $503,809.92. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 543,115 shares of company stock worth $73,475,644. 1.50% of the stock is owned by insiders.
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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.
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