MML Investors Services LLC Buys 879 Shares of Rockwell Collins, Inc. (COL)

MML Investors Services LLC raised its holdings in Rockwell Collins, Inc. (NYSE:COL) by 31.9% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,631 shares of the aerospace company’s stock after acquiring an additional 879 shares during the quarter. MML Investors Services LLC’s holdings in Rockwell Collins were worth $510,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. TD Asset Management Inc. grew its position in Rockwell Collins by 0.8% in the 2nd quarter. TD Asset Management Inc. now owns 49,794 shares of the aerospace company’s stock valued at $6,706,000 after acquiring an additional 378 shares during the last quarter. Penserra Capital Management LLC grew its position in Rockwell Collins by 16.5% in the 3rd quarter. Penserra Capital Management LLC now owns 2,760 shares of the aerospace company’s stock valued at $387,000 after acquiring an additional 390 shares during the last quarter. State Treasurer State of Michigan grew its position in Rockwell Collins by 0.8% in the 3rd quarter. State Treasurer State of Michigan now owns 49,009 shares of the aerospace company’s stock valued at $6,884,000 after acquiring an additional 400 shares during the last quarter. Raymond James & Associates grew its position in Rockwell Collins by 1.0% in the 2nd quarter. Raymond James & Associates now owns 43,229 shares of the aerospace company’s stock valued at $5,822,000 after acquiring an additional 441 shares during the last quarter. Finally, Qube Research & Technologies Ltd grew its position in Rockwell Collins by 19.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 2,737 shares of the aerospace company’s stock valued at $369,000 after acquiring an additional 446 shares during the last quarter. 68.70% of the stock is currently owned by institutional investors.

COL opened at $141.04 on Tuesday. Rockwell Collins, Inc. has a 12-month low of $125.04 and a 12-month high of $142.98. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.84 and a current ratio of 1.65. The firm has a market cap of $23.18 billion, a PE ratio of 22.93, a PEG ratio of 1.73 and a beta of 0.74.

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

Several brokerages have commented on COL. Zacks Investment Research raised Rockwell Collins from a “hold” rating to a “buy” rating and set a $150.00 price objective 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 given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $141.25.

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Rockwell Collins Company 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.

Further Reading: Consumer Price Index (CPI)

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

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