Rockwell Collins, Inc. (COL) Shares Bought by North Star Investment Management Corp.

North Star Investment Management Corp. increased its position in Rockwell Collins, Inc. (NYSE:COL) by 1,010.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,099 shares of the aerospace company’s stock after acquiring an additional 1,000 shares during the period. North Star Investment Management Corp.’s holdings in Rockwell Collins were worth $149,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Rockwell Collins by 27.0% in the second quarter. Vanguard Group Inc. now owns 16,019,594 shares of the aerospace company’s stock worth $1,683,340,000 after acquiring an additional 3,410,680 shares during the period. BlackRock Inc. grew its holdings in shares of Rockwell Collins by 27.9% in the second quarter. BlackRock Inc. now owns 11,315,505 shares of the aerospace company’s stock worth $1,189,034,000 after acquiring an additional 2,466,370 shares during the period. State Street Corp grew its holdings in shares of Rockwell Collins by 21.9% in the second quarter. State Street Corp now owns 7,140,178 shares of the aerospace company’s stock worth $750,304,000 after acquiring an additional 1,281,647 shares during the period. FMR LLC grew its holdings in shares of Rockwell Collins by 25.4% in the second quarter. FMR LLC now owns 4,238,235 shares of the aerospace company’s stock worth $445,354,000 after acquiring an additional 857,884 shares during the period. Finally, Pentwater Capital Management LP bought a new stake in shares of Rockwell Collins in the third quarter worth $420,886,000. 72.18% of the stock is owned by institutional investors.

Rockwell Collins, Inc. (COL) opened at $137.83 on Friday. Rockwell Collins, Inc. has a 52-week low of $88.80 and a 52-week high of $138.14. The company has a market capitalization of $22,569.13, a PE ratio of 28.83, a PEG ratio of 1.82 and a beta of 0.72. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.55 and a quick ratio of 0.75.

Rockwell Collins (NYSE:COL) last announced its quarterly earnings data on Friday, October 27th. The aerospace company reported $1.80 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate 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 for the quarter, compared to the consensus estimate of $2.23 billion. During the same period in the previous year, the business earned $1.58 earnings per share. The business’s revenue was up 51.8% on a year-over-year basis. sell-side analysts predict that Rockwell Collins, Inc. will post 7.15 EPS for the current fiscal year.

COL has been the subject of several research analyst reports. Zacks Investment Research raised Rockwell Collins from a “hold” rating to a “buy” rating and set a $153.00 price objective for the company in a report on Thursday, January 4th. SunTrust Banks reaffirmed a “hold” rating on shares of Rockwell Collins in a report on Monday, October 2nd. Royal Bank of Canada reaffirmed a “hold” rating and issued a $140.00 price objective on shares of Rockwell Collins in a report on Tuesday, October 10th. Canaccord Genuity reaffirmed a “hold” rating and issued a $140.00 price objective on shares of Rockwell Collins in a report on Friday, October 6th. Finally, Jefferies Group reiterated a “hold” rating and set a $115.00 target price on shares of Rockwell Collins in a research report on Tuesday, October 3rd. One analyst has rated the stock with a sell rating, seventeen have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Rockwell Collins presently has a consensus rating of “Hold” and a consensus target price of $129.01.

In other news, CEO Robert Kelly Ortberg sold 395,110 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $135.35, for a total value of $53,478,138.50. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Patrick E. Allen sold 35,000 shares of the business’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $135.34, for a total value of $4,736,900.00. The disclosure for this sale can be found here. Insiders sold 571,812 shares of company stock worth $77,350,247 over the last 90 days. Company insiders own 1.10% of the company’s stock.

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Rockwell Collins 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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