Raymond James Trust N.A. lessened its stake in shares of Rockwell Collins, Inc. (NYSE:COL) by 10.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 4,147 shares of the aerospace company’s stock after selling 466 shares during the quarter. Raymond James Trust N.A.’s holdings in Rockwell Collins were worth $562,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Fieldpoint Private Securities LLC purchased a new position in shares of Rockwell Collins during the 3rd quarter worth $100,000. FNY Partners Fund LP purchased a new position in shares of Rockwell Collins during the 3rd quarter worth $104,000. Cerebellum GP LLC purchased a new position in shares of Rockwell Collins during the 4th quarter worth $130,000. Highlander Capital Management LLC raised its holdings in shares of Rockwell Collins by 106.0% during the 2nd quarter. Highlander Capital Management LLC now owns 1,024 shares of the aerospace company’s stock worth $108,000 after acquiring an additional 527 shares during the period. Finally, North Star Investment Management Corp. raised its holdings in shares of Rockwell Collins by 1,010.1% during the 4th quarter. North Star Investment Management Corp. now owns 1,099 shares of the aerospace company’s stock worth $149,000 after acquiring an additional 1,000 shares during the period. Institutional investors and hedge funds own 71.74% of the company’s stock.
In other Rockwell Collins news, CFO Patrick E. Allen sold 25,410 shares of Rockwell Collins stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $135.02, for a total value of $3,430,858.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Robert A. Sturgell sold 1,734 shares of Rockwell Collins stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $132.10, for a total value of $229,061.40. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 41,965 shares of company stock valued at $5,639,519. 1.10% of the stock is currently owned by corporate insiders.
Rockwell Collins, Inc. (NYSE:COL) opened at $135.40 on Thursday. The firm has a market capitalization of $22,135.57, a PE ratio of 21.20, a price-to-earnings-growth ratio of 1.78 and a beta of 0.72. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.56 and a quick ratio of 0.73. Rockwell Collins, Inc. has a 52-week low of $89.90 and a 52-week high of $139.63.
Rockwell Collins (NYSE:COL) last released its earnings results on Friday, January 26th. The aerospace company reported $1.59 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.06. The company had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2 billion. Rockwell Collins had a return on equity of 19.58% and a net margin of 10.99%. Rockwell Collins’s revenue was up 68.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.20 EPS. equities research analysts anticipate that Rockwell Collins, Inc. will post 7.17 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, March 5th. Shareholders of record on Monday, February 12th will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 0.97%. The ex-dividend date is Friday, February 9th. Rockwell Collins’s dividend payout ratio is currently 24.58%.
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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