Russell Investments Group Ltd. raised its holdings in Rockwell Collins, Inc. (NYSE:COL) by 67.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 112,710 shares of the aerospace company’s stock after buying an additional 45,526 shares during the period. Russell Investments Group Ltd. owned about 0.07% of Rockwell Collins worth $15,819,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in COL. Gradient Investments LLC bought a new position in shares of Rockwell Collins in the second quarter valued at $105,000. Integrated Investment Consultants LLC bought a new position in shares of Rockwell Collins in the second quarter valued at $108,000. Fort L.P. bought a new position in shares of Rockwell Collins in the second quarter valued at $120,000. Steward Partners Investment Advisory LLC lifted its stake in shares of Rockwell Collins by 121.7% in the third quarter. Steward Partners Investment Advisory LLC now owns 867 shares of the aerospace company’s stock valued at $122,000 after buying an additional 476 shares in the last quarter. Finally, North Star Investment Management Corp. bought a new position in shares of Rockwell Collins in the second quarter valued at $135,000. 67.27% of the stock is currently owned by hedge funds and other institutional investors.
COL opened at $133.22 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.84 and a current ratio of 1.65. Rockwell Collins, Inc. has a fifty-two week low of $125.04 and a fifty-two week high of $142.61. The stock has a market cap of $21.85 billion, a P/E ratio of 19.18, a PEG ratio of 1.42 and a beta of 0.74.
The company also recently declared a quarterly dividend, which will be paid on Monday, December 10th. Investors of record on Friday, November 16th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date of this dividend is Thursday, November 15th. Rockwell Collins’s payout ratio is currently 21.46%.
A number of research analysts have weighed in on COL shares. Zacks Investment Research lowered shares of Rockwell Collins from a “hold” rating to a “sell” rating in a research note on Tuesday, September 11th. Seaport Global Securities reaffirmed a “neutral” rating on shares of Rockwell Collins in a research note on Monday, September 17th. Finally, Cowen reaffirmed a “hold” rating and issued a $135.00 price objective on shares of Rockwell Collins in a research note on Friday, July 27th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Rockwell Collins has an average rating of “Hold” and a consensus target price of $141.25.
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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