Crossmark Global Holdings Inc. acquired a new stake in shares of Rockwell Collins, Inc. (NYSE:COL) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 27,143 shares of the company’s stock, valued at approximately $3,548,000.
A number of other large investors also recently made changes to their positions in COL. Artemis Investment Management LLP bought a new position in shares of Rockwell Collins in the 2nd quarter worth about $7,472,000. Frontier Investment Mgmt Co. bought a new stake in Rockwell Collins in the 2nd quarter valued at about $375,000. State of New Jersey Common Pension Fund D increased its position in Rockwell Collins by 304.5% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 445,000 shares of the company’s stock valued at $58,166,000 after buying an additional 335,000 shares in the last quarter. Rosenblum Silverman Sutton S F Inc. CA acquired a new position in Rockwell Collins during the 2nd quarter valued at about $4,120,000. Finally, Capital Analysts LLC acquired a new position in Rockwell Collins during the 2nd quarter valued at about $2,183,000. 78.06% of the stock is owned by institutional investors and hedge funds.
In other news, VP Tatum J. Buse sold 19,170 shares of Rockwell Collins stock in a transaction on Monday, November 6th. The shares were sold at an average price of GBX 135.36 ($1.78), for a total value of £25,948.51 ($34,129.31). Following the transaction, the vice president now directly owns 3,722 shares of the company’s stock, valued at approximately £5,038.10 ($6,626.46). The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Harlan Donnley Meade acquired 1,666,667 shares of the company’s stock in a transaction on Friday, September 15th. The stock was purchased at an average cost of GBX 0.06 ($0.00) per share, for a total transaction of £1,000 ($1,315.27). Insiders sold 527,680 shares of company stock valued at $71,420,546 in the last quarter. 1.50% of the stock is owned by insiders.
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Shares of Rockwell Collins, Inc. (COL) traded up GBX 0.09 ($0.00) during trading on Monday, reaching GBX 133.58 ($1.76). 715,000 shares of the company’s stock were exchanged, compared to its average volume of 1,831,702. Rockwell Collins, Inc. has a twelve month low of GBX 85.11 ($1.12) and a twelve month high of GBX 136.50 ($1.80). The firm has a market cap of $21,700.00, a price-to-earnings ratio of 22.34, a price-to-earnings-growth ratio of 1.60 and a beta of 0.73. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.55 and a quick ratio of 0.75.
Rockwell Collins (NYSE:COL) last issued its earnings results on Friday, October 27th. The company reported GBX 1.80 ($0.02) EPS for the quarter, meeting the Zacks’ consensus estimate of GBX 1.80 ($0.02). Rockwell Collins had a net margin of 10.33% and a return on equity of 22.00%. The business had revenue of GBX 219.30 billion during the quarter, compared to analysts’ expectations of GBX 222.97 billion. During the same period in the prior year, the business earned $1.58 earnings per share. The company’s quarterly revenue was up 51.8% compared to the same quarter last year. equities research analysts anticipate that Rockwell Collins, Inc. will post 7.18 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Stockholders of record on Monday, November 13th will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Friday, November 10th. Rockwell Collins’s payout ratio is 27.62%.
Several equities analysts recently commented on COL shares. Credit Suisse Group reiterated a “buy” rating and issued a $120.00 price objective on shares of Rockwell Collins in a research note on Wednesday, July 19th. Citigroup Inc. boosted their target price on shares of Rockwell Collins from $93.00 to $140.00 and gave the company a “neutral” rating in a report on Tuesday, August 15th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $115.00 price target on shares of Rockwell Collins in a report on Sunday, September 3rd. Buckingham Research reaffirmed a “neutral” rating on shares of Rockwell Collins in a report on Tuesday, September 5th. Finally, Drexel Hamilton lowered shares of Rockwell Collins from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, seventeen have given 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 price target of GBX 128.85 ($1.69).
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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