Amundi Pioneer Asset Management Inc. boosted its position in shares of Rockwell Collins, Inc. (NYSE:COL) by 84.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 173,193 shares of the aerospace company’s stock after acquiring an additional 79,507 shares during the period. Amundi Pioneer Asset Management Inc. owned 0.11% of Rockwell Collins worth $23,490,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Caisse DE Depot ET Placement DU Quebec raised its position in shares of Rockwell Collins by 1.9% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 41,939 shares of the aerospace company’s stock valued at $5,505,000 after buying an additional 800 shares during the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of Rockwell Collins by 3.6% during the third quarter. Schwab Charles Investment Management Inc. now owns 544,325 shares of the aerospace company’s stock valued at $71,149,000 after buying an additional 19,030 shares during the last quarter. Tower Research Capital LLC TRC acquired a new position in shares of Rockwell Collins during the fourth quarter valued at about $118,000. Nuance Investments LLC raised its position in shares of Rockwell Collins by 1,785.4% during the third quarter. Nuance Investments LLC now owns 556,671 shares of the aerospace company’s stock valued at $72,762,000 after buying an additional 527,145 shares during the last quarter. Finally, Stifel Financial Corp raised its position in shares of Rockwell Collins by 8.0% during the third quarter. Stifel Financial Corp now owns 46,337 shares of the aerospace company’s stock valued at $6,016,000 after buying an additional 3,419 shares during the last quarter. 67.70% of the stock is owned by hedge funds and other institutional investors.
Shares of Rockwell Collins, Inc. (NYSE COL) opened at $136.43 on Tuesday. The firm has a market cap of $22,340.00, a PE ratio of 27.90, a P/E/G ratio of 1.81 and a beta of 0.70. Rockwell Collins, Inc. has a 52 week low of $95.62 and a 52 week high of $139.63. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.56 and a quick ratio of 0.73.
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 5th. Shareholders of record on Monday, February 12th were paid a dividend of $0.33 per share. The ex-dividend date of this dividend was Friday, February 9th. This represents a $1.32 annualized dividend and a yield of 0.97%. Rockwell Collins’s dividend payout ratio is 26.99%.
COL has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Rockwell Collins from a “buy” rating to a “hold” rating in a research report on Thursday, March 8th. ValuEngine raised shares of Rockwell Collins from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Wells Fargo & Co lowered shares of Rockwell Collins from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 16th. Finally, Canaccord Genuity cut their price objective 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. One analyst has rated the stock with a sell rating, eighteen have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $133.95.
In other Rockwell Collins news, CFO Patrick E. Allen sold 25,410 shares of the company’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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Douglas E. Stenske sold 3,287 shares of the company’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $135.00, for a total transaction of $443,745.00. Following the sale, the vice president now directly owns 8,776 shares in the company, valued at $1,184,760. The disclosure for this sale can be found here. 1.10% of the stock is currently owned by corporate 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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