Advanced Asset Management Advisors Inc Takes Position in Rockwell Collins, Inc. (COL)

Advanced Asset Management Advisors Inc bought a new position in Rockwell Collins, Inc. (NYSE:COL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,900 shares of the aerospace company’s stock, valued at approximately $665,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rhumbline Advisers increased its position in shares of Rockwell Collins by 1.0% in the 4th quarter. Rhumbline Advisers now owns 332,891 shares of the aerospace company’s stock worth $45,147,000 after purchasing an additional 3,247 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in shares of Rockwell Collins by 0.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 146,253 shares of the aerospace company’s stock worth $19,838,000 after purchasing an additional 1,258 shares during the last quarter. Arizona State Retirement System increased its position in shares of Rockwell Collins by 20.6% in the 4th quarter. Arizona State Retirement System now owns 75,001 shares of the aerospace company’s stock worth $10,172,000 after purchasing an additional 12,827 shares during the last quarter. State of Wisconsin Investment Board increased its position in shares of Rockwell Collins by 90.4% in the 4th quarter. State of Wisconsin Investment Board now owns 507,018 shares of the aerospace company’s stock worth $68,762,000 after purchasing an additional 240,681 shares during the last quarter. Finally, Global X Management Co. LLC increased its position in shares of Rockwell Collins by 167.0% in the 4th quarter. Global X Management Co. LLC now owns 4,577 shares of the aerospace company’s stock worth $621,000 after purchasing an additional 2,863 shares during the last quarter. 71.36% of the stock is owned by institutional investors.

Shares of Rockwell Collins, Inc. (COL) opened at $135.92 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.73 and a current ratio of 1.56. The firm has a market cap of $22,250.00, a PE ratio of 25.26, a P/E/G ratio of 1.78 and a beta of 0.72. Rockwell Collins, Inc. has a 1 year low of $92.35 and a 1 year high of $139.63.

Rockwell Collins (NYSE:COL) last posted its earnings results on Friday, January 26th. The aerospace company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.06. The firm had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2 billion. Rockwell Collins had a net margin of 10.99% and a return on equity of 19.58%. Rockwell Collins’s revenue was up 68.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.20 EPS. research analysts expect that Rockwell Collins, Inc. will post 7.12 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 paid 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 of this dividend is Friday, February 9th. Rockwell Collins’s payout ratio is 24.54%.

Several research firms have recently weighed in on COL. Zacks Investment Research raised shares of Rockwell Collins from a “hold” rating to a “buy” rating and set a $151.00 target price for the company in a research report on Monday, October 23rd. Royal Bank of Canada set a $151.00 target price on shares of Rockwell Collins and gave the stock a “hold” rating in a research report on Wednesday, January 24th. ValuEngine raised shares of Rockwell Collins from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Canaccord Genuity dropped their target price on shares of Rockwell Collins from $140.00 to $137.00 and set a “hold” rating for the company in a research report on Tuesday, January 30th. Finally, Wells Fargo & Co downgraded shares of Rockwell Collins from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 16th. One equities research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $134.01.

In other Rockwell Collins news, VP Douglas E. Stenske sold 3,287 shares of the business’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 completion of the transaction, the vice president now directly owns 8,776 shares of the company’s stock, valued at approximately $1,184,760. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Patrick E. Allen sold 25,410 shares of the business’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $135.02, for a total transaction of $3,430,858.20. The disclosure for this sale can be found here. Insiders have sold a total of 36,331 shares of company stock valued at $4,891,757 over the last three months. 1.10% of the stock is currently owned by company insiders.

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

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