Quantitative Systematic Strategies LLC lowered its stake in Rockwell Collins, Inc. (NYSE:COL) by 30.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,443 shares of the aerospace company’s stock after selling 1,048 shares during the period. Quantitative Systematic Strategies LLC’s holdings in Rockwell Collins were worth $331,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Chessman Wealth Strategies RIA acquired a new stake in Rockwell Collins during the 4th quarter valued at $217,000. Robeco Institutional Asset Management B.V. raised its stake in Rockwell Collins by 23.1% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 12,794 shares of the aerospace company’s stock valued at $1,734,000 after purchasing an additional 2,400 shares during the period. Lourd Capital LLC acquired a new stake in Rockwell Collins during the 4th quarter valued at $217,000. FNY Partners Fund LP raised its stake in Rockwell Collins by 2,400.0% during the 4th quarter. FNY Partners Fund LP now owns 20,000 shares of the aerospace company’s stock valued at $2,712,000 after purchasing an additional 19,200 shares during the period. Finally, JLB & Associates Inc. raised its stake in Rockwell Collins by 7.5% during the 4th quarter. JLB & Associates Inc. now owns 52,504 shares of the aerospace company’s stock valued at $7,120,000 after purchasing an additional 3,675 shares during the period. 71.74% of the stock is currently owned by institutional investors.
Shares of Rockwell Collins, Inc. (NYSE:COL) opened at $135.40 on Thursday. The stock has a market cap of $22,135.57, a price-to-earnings ratio of 21.20, a P/E/G ratio of 1.78 and a beta of 0.72. Rockwell Collins, Inc. has a fifty-two week low of $89.90 and a fifty-two week high of $139.63. The company has a quick ratio of 0.73, a current ratio of 1.56 and a debt-to-equity ratio of 1.02.
The company also recently declared a quarterly dividend, which will be paid on Monday, March 5th. Shareholders of record on Monday, February 12th will be issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date is Friday, February 9th. Rockwell Collins’s dividend payout ratio (DPR) is 24.58%.
In other Rockwell Collins news, VP Robert A. Sturgell sold 1,734 shares of the company’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $132.10, for a total transaction of $229,061.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Douglas E. Stenske sold 3,287 shares of the company’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $135.00, for a total transaction of $443,745.00. Following the sale, the vice president now owns 8,776 shares of the company’s stock, valued at $1,184,760. The disclosure for this sale can be found here. Insiders have sold 41,965 shares of company stock valued at $5,639,519 over the last 90 days. Corporate insiders own 1.10% of the company’s stock.
Several brokerages have issued reports on COL. ValuEngine raised shares of Rockwell Collins from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Cowen reissued a “hold” rating and set a $135.00 target price on shares of Rockwell Collins in a research note on Friday, January 26th. Wells Fargo & Co downgraded shares of Rockwell Collins from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 16th. Zacks Investment Research downgraded shares of Rockwell Collins from a “buy” rating to a “hold” rating in a research note on Monday, January 15th. Finally, Canaccord Genuity cut their target price on shares of Rockwell Collins from $140.00 to $137.00 and set a “hold” rating on the stock in a research note on Tuesday, January 30th. One analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. Rockwell Collins currently has a consensus rating of “Hold” and a consensus target price of $134.01.
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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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