Deutsche Bank AG grew its holdings in Rockwell Collins, Inc. (NYSE:COL) by 29.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 475,741 shares of the aerospace company’s stock after buying an additional 107,149 shares during the quarter. Deutsche Bank AG owned approximately 0.29% of Rockwell Collins worth $64,513,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Amalgamated Bank lifted its holdings in Rockwell Collins by 2.1% in the 3rd quarter. Amalgamated Bank now owns 19,558 shares of the aerospace company’s stock worth $2,556,000 after buying an additional 406 shares during the period. Sigma Planning Corp lifted its holdings in Rockwell Collins by 18.4% in the 3rd quarter. Sigma Planning Corp now owns 3,699 shares of the aerospace company’s stock worth $484,000 after buying an additional 576 shares during the period. Dai Ichi Life Insurance Company Ltd lifted its holdings in Rockwell Collins by 4.6% in the 3rd quarter. Dai Ichi Life Insurance Company Ltd now owns 13,053 shares of the aerospace company’s stock worth $1,706,000 after buying an additional 576 shares during the period. Trust Co lifted its holdings in Rockwell Collins by 27.9% in the 3rd quarter. Trust Co now owns 2,754 shares of the aerospace company’s stock worth $360,000 after buying an additional 600 shares during the period. Finally, ETRADE Capital Management LLC lifted its holdings in Rockwell Collins by 3.4% in the 4th quarter. ETRADE Capital Management LLC now owns 20,852 shares of the aerospace company’s stock worth $2,828,000 after buying an additional 683 shares during the period. Institutional investors and hedge funds own 67.70% of the company’s stock.
Several equities research analysts have weighed in on the company. ValuEngine upgraded Rockwell Collins from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Zacks Investment Research upgraded Rockwell Collins from a “hold” rating to a “buy” rating and set a $155.00 price objective for the company in a report on Tuesday, February 27th. Cowen restated a “hold” rating and issued a $135.00 target price on shares of Rockwell Collins in a research note on Friday, January 26th. Wells Fargo & Co cut Rockwell Collins from an “outperform” rating to a “market perform” rating in a research note on Tuesday, January 16th. Finally, Canaccord Genuity lowered their target price on Rockwell Collins from $140.00 to $137.00 and set a “hold” rating for the company in a research note on Tuesday, January 30th. One research analyst has rated the stock with a sell rating, eighteen have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Rockwell Collins currently has an average rating of “Hold” and a consensus price target of $133.95.
Rockwell Collins, Inc. (NYSE COL) opened at $136.04 on Wednesday. The stock has a market capitalization of $22,366.73, a price-to-earnings ratio of 25.33, a price-to-earnings-growth ratio of 1.79 and a beta of 0.70. Rockwell Collins, Inc. has a one year low of $95.62 and a one year high of $139.63. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.73 and a current ratio of 1.56.
Rockwell Collins (NYSE:COL) last announced its quarterly earnings data on Friday, January 26th. The aerospace company reported $1.59 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.53 by $0.06. The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2 billion. Rockwell Collins had a return on equity of 19.58% and a net margin of 10.99%. The firm’s quarterly revenue was up 68.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.20 earnings per share. equities research analysts forecast that Rockwell Collins, Inc. will post 7.2 EPS for the current fiscal year.
The business 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. This represents a $1.32 dividend on an annualized basis and a yield of 0.97%. The ex-dividend date of this dividend was Friday, February 9th. Rockwell Collins’s payout ratio is 24.58%.
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Rockwell Collins Company 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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