Victory Capital Management Inc. Decreases Stake in Rockwell Collins, Inc. (COL)

Victory Capital Management Inc. lowered its position in shares of Rockwell Collins, Inc. (NYSE:COL) by 92.3% in the third quarter, HoldingsChannel.com reports. The firm owned 2,440 shares of the aerospace company’s stock after selling 29,177 shares during the period. Victory Capital Management Inc.’s holdings in Rockwell Collins were worth $343,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Gradient Investments LLC purchased a new stake in shares of Rockwell Collins during the 2nd quarter worth about $105,000. Integrated Investment Consultants LLC purchased a new stake in shares of Rockwell Collins during the 2nd quarter worth about $108,000. Fort L.P. purchased a new stake in shares of Rockwell Collins during the 2nd quarter worth about $120,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Rockwell Collins by 121.7% during the 3rd quarter. Steward Partners Investment Advisory LLC now owns 867 shares of the aerospace company’s stock worth $122,000 after purchasing an additional 476 shares during the period. Finally, Harrington Investments INC purchased a new stake in shares of Rockwell Collins during the 2nd quarter worth about $180,000. Institutional investors and hedge funds own 68.70% of the company’s stock.

COL has been the topic of several recent research reports. Zacks Investment Research raised Rockwell Collins from a “hold” rating to a “buy” rating and set a $150.00 price target on the stock in a research report on Thursday, October 18th. Seaport Global Securities reissued a “neutral” rating on shares of Rockwell Collins in a research report on Monday, September 17th. Six investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $141.25.

Rockwell Collins stock opened at $141.04 on Friday. The company has a market cap of $23.18 billion, a P/E ratio of 22.93, a P/E/G ratio of 1.73 and a beta of 0.74. The company has a current ratio of 1.65, a quick ratio of 0.84 and a debt-to-equity ratio of 0.93. Rockwell Collins, Inc. has a one year low of $125.04 and a one year high of $142.98.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 10th. Investors of record on Friday, November 16th will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 0.94%. The ex-dividend date is Thursday, November 15th. Rockwell Collins’s dividend payout ratio (DPR) is presently 21.46%.

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Rockwell Collins Profile

Rockwell Collins, Inc designs, produces, and supports communications and aviation systems worldwide. The company's Interior Systems segment offers commercial aircraft seats; galley structures, food and beverage preparation equipment, and water and waste systems; oxygen and passenger service equipment; cabin lighting systems; and business jet and general aviation interior products.

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

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