Jane Street Group LLC trimmed its position in shares of Rockwell Collins, Inc. (NYSE:COL) by 85.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,362 shares of the aerospace company’s stock after selling 134,391 shares during the quarter. Jane Street Group LLC’s holdings in Rockwell Collins were worth $3,168,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Caisse DE Depot ET Placement DU Quebec grew its holdings in Rockwell Collins by 1.9% in the 3rd 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 in the last quarter. Tower Research Capital LLC TRC purchased a new stake in Rockwell Collins in the 4th quarter valued at $118,000. Schwab Charles Investment Management Inc. grew its holdings in Rockwell Collins by 3.6% in the 3rd 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 in the last quarter. Nuance Investments LLC grew its holdings in Rockwell Collins by 1,785.4% in the 3rd 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 in the last quarter. Finally, Stifel Financial Corp grew its holdings in Rockwell Collins by 8.0% in the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 67.68% of the company’s stock.
Rockwell Collins, Inc. (NYSE COL) opened at $136.38 on Tuesday. Rockwell Collins, Inc. has a 12 month low of $95.62 and a 12 month high of $139.63. The company has a market capitalization of $22,274.92, a price-to-earnings ratio of 21.33, a PEG ratio of 1.77 and a beta of 0.70. The company has a quick ratio of 0.73, a current ratio of 1.56 and a debt-to-equity ratio of 1.02.
The company also recently announced a quarterly dividend, which was paid on Monday, March 5th. Investors of record on Monday, February 12th were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 0.97%. The ex-dividend date was Friday, February 9th. Rockwell Collins’s payout ratio is 24.58%.
Several analysts have issued reports on COL shares. Cowen restated a “hold” rating and issued a $135.00 target price on shares of Rockwell Collins in a report on Friday, January 26th. Zacks Investment Research cut Rockwell Collins from a “buy” rating to a “hold” rating in a report on Monday, January 15th. Royal Bank of Canada set a $151.00 target price on Rockwell Collins and gave the company a “hold” rating in a report on Wednesday, January 24th. Wells Fargo cut Rockwell Collins from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 16th. Finally, ValuEngine upgraded Rockwell Collins from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. One investment 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. The company has an average rating of “Hold” and a consensus target price of $133.95.
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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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