Rockwell Collins, Inc. (COL) is DLD Asset Management LP’s 9th Largest Position

DLD Asset Management LP lifted its stake in Rockwell Collins, Inc. (NYSE:COL) by 96.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 295,000 shares of the aerospace company’s stock after buying an additional 145,000 shares during the quarter. Rockwell Collins comprises 2.0% of DLD Asset Management LP’s portfolio, making the stock its 9th biggest holding. DLD Asset Management LP owned 0.18% of Rockwell Collins worth $41,439,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of COL. Natixis raised its stake in Rockwell Collins by 419.9% during the 2nd quarter. Natixis now owns 1,178,779 shares of the aerospace company’s stock valued at $158,758,000 after purchasing an additional 952,064 shares during the period. Northern Trust Corp grew its holdings in Rockwell Collins by 2.7% during the 2nd quarter. Northern Trust Corp now owns 1,951,906 shares of the aerospace company’s stock valued at $262,882,000 after buying an additional 51,627 shares in the last quarter. Nuance Investments LLC grew its holdings in Rockwell Collins by 71.3% during the 2nd quarter. Nuance Investments LLC now owns 106,616 shares of the aerospace company’s stock valued at $14,359,000 after buying an additional 44,360 shares in the last quarter. Oakbrook Investments LLC grew its holdings in Rockwell Collins by 45.2% during the 3rd quarter. Oakbrook Investments LLC now owns 8,513 shares of the aerospace company’s stock valued at $1,196,000 after buying an additional 2,650 shares in the last quarter. Finally, BB&T Corp grew its holdings in Rockwell Collins by 62.3% during the 3rd quarter. BB&T Corp now owns 7,860 shares of the aerospace company’s stock valued at $1,105,000 after buying an additional 3,017 shares in the last quarter. 68.70% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have weighed in on the company. Zacks Investment Research upgraded Rockwell Collins from a “hold” rating to a “buy” rating and set a $150.00 price target for the company in a report on Thursday, October 18th. Seaport Global Securities restated a “neutral” rating on shares of Rockwell Collins in a 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. Rockwell Collins has an average rating of “Hold” and an average target price of $141.25.

NYSE COL opened at $141.04 on Tuesday. The company has a market cap of $23.18 billion, a price-to-earnings ratio of 22.93, a PEG ratio of 1.73 and a beta of 0.74. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.65 and a quick ratio of 0.84. Rockwell Collins, Inc. has a 1-year low of $125.04 and a 1-year high of $142.98.

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

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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.

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

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