Rockwell Collins, Inc. (COL) Position Lessened by Candriam Luxembourg S.C.A.

Candriam Luxembourg S.C.A. lessened its holdings in Rockwell Collins, Inc. (NYSE:COL) by 7.8% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,181 shares of the aerospace company’s stock after selling 1,114 shares during the period. Candriam Luxembourg S.C.A.’s holdings in Rockwell Collins were worth $1,723,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Bessemer Group Inc. raised its position in shares of Rockwell Collins by 5.7% in the third quarter. Bessemer Group Inc. now owns 40,587 shares of the aerospace company’s stock worth $5,305,000 after buying an additional 2,206 shares in the last quarter. Telemus Capital LLC purchased a new stake in Rockwell Collins during the third quarter valued at about $239,000. Swiss National Bank raised its position in Rockwell Collins by 2.5% during the third quarter. Swiss National Bank now owns 607,860 shares of the aerospace company’s stock valued at $79,453,000 after purchasing an additional 14,700 shares in the last quarter. Greenwood Capital Associates LLC raised its position in Rockwell Collins by 189.3% during the third quarter. Greenwood Capital Associates LLC now owns 6,306 shares of the aerospace company’s stock valued at $824,000 after purchasing an additional 4,126 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC raised its position in Rockwell Collins by 111.3% during the third quarter. Jaffetilchin Investment Partners LLC now owns 4,302 shares of the aerospace company’s stock valued at $562,000 after purchasing an additional 2,266 shares in the last quarter. Institutional investors own 78.06% of the company’s stock.

Shares of Rockwell Collins, Inc. (NYSE:COL) opened at $132.27 on Friday. The company has a quick ratio of 0.75, a current ratio of 1.55 and a debt-to-equity ratio of 1.10. The stock has a market capitalization of $21,600.00, a PE ratio of 22.22, a P/E/G ratio of 1.59 and a beta of 0.73. Rockwell Collins, Inc. has a 12 month low of $87.48 and a 12 month high of $136.50.

Rockwell Collins (NYSE:COL) last posted its earnings results on Friday, October 27th. The aerospace company reported $1.80 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.80. The company had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.23 billion. Rockwell Collins had a return on equity of 22.00% and a net margin of 10.33%. Rockwell Collins’s quarterly revenue was up 51.8% on a year-over-year basis. During the same period last year, the firm earned $1.58 earnings per share. analysts predict that Rockwell Collins, Inc. will post 7.18 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 4th. Investors of record on Monday, November 13th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Friday, November 10th. This represents a $1.32 annualized dividend and a dividend yield of 1.00%. Rockwell Collins’s payout ratio is presently 27.62%.

In other Rockwell Collins news, VP David J. Nieuwsma sold 3,900 shares of Rockwell Collins stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $133.00, for a total transaction of $518,700.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Harlan Donnley Meade acquired 1,666,667 shares of the business’s stock in a transaction on Friday, September 15th. The shares were purchased at an average cost of $0.06 per share, for a total transaction of $100,000.02. Insiders sold 533,747 shares of company stock worth $72,229,429 over the last three months. 1.50% of the stock is owned by insiders.

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A number of research firms have weighed in on COL. Royal Bank Of Canada set a $140.00 price target on Rockwell Collins and gave the company a “hold” rating in a research report on Sunday, November 12th. Credit Suisse Group downgraded Rockwell Collins from an “outperform” rating to a “neutral” rating and set a $140.00 price target on the stock. in a research report on Wednesday, November 8th. Zacks Investment Research upgraded Rockwell Collins from a “hold” rating to a “buy” rating and set a $151.00 price target on the stock in a research report on Monday, October 23rd. Canaccord Genuity restated a “hold” rating and set a $140.00 price target on shares of Rockwell Collins in a research report on Friday, October 6th. Finally, Jefferies Group LLC restated a “hold” rating and set a $115.00 price target on shares of Rockwell Collins in a research report on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Rockwell Collins presently has an average rating of “Hold” and an average price target of $128.85.

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.

Institutional Ownership by Quarter for Rockwell Collins (NYSE:COL)

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