Parametric Portfolio Associates LLC Acquires 30,909 Shares of Rockwell Collins, Inc. (COL)

Parametric Portfolio Associates LLC grew its holdings in Rockwell Collins, Inc. (NYSE:COL) by 10.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 319,246 shares of the aerospace company’s stock after buying an additional 30,909 shares during the quarter. Parametric Portfolio Associates LLC owned 0.19% of Rockwell Collins worth $41,729,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Artemis Investment Management LLP acquired a new stake in shares of Rockwell Collins during the 2nd quarter worth about $7,472,000. Frontier Investment Mgmt Co. acquired a new stake in shares of Rockwell Collins during the 2nd quarter worth about $375,000. State of New Jersey Common Pension Fund D increased its position in shares of Rockwell Collins by 304.5% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 445,000 shares of the aerospace company’s stock worth $58,166,000 after purchasing an additional 335,000 shares in the last quarter. Rosenblum Silverman Sutton S F Inc. CA acquired a new stake in shares of Rockwell Collins during the 2nd quarter worth about $4,120,000. Finally, Capital Analysts LLC acquired a new stake in shares of Rockwell Collins during the 2nd quarter worth about $2,183,000. Institutional investors own 72.21% of the company’s stock.

A number of equities research analysts recently issued reports on COL shares. Jefferies Group reiterated a “hold” rating and set a $115.00 target price on shares of Rockwell Collins in a research report on Sunday, September 3rd. Buckingham Research reiterated a “neutral” rating on shares of Rockwell Collins in a research report on Tuesday, September 5th. Drexel Hamilton cut shares of Rockwell Collins from a “buy” rating to a “hold” rating in a research report on Wednesday, September 6th. Sanford C. Bernstein cut shares of Rockwell Collins from an “outperform” rating to a “market perform” rating and set a $137.00 target price for the company. in a research report on Monday, September 11th. Finally, Zacks Investment Research cut shares of Rockwell Collins from a “hold” rating to a “sell” rating in a research report on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $128.85.

Shares of Rockwell Collins, Inc. (NYSE:COL) opened at $135.07 on Thursday. Rockwell Collins, Inc. has a fifty-two week low of $88.80 and a fifty-two week high of $136.50. The company has a current ratio of 1.55, a quick ratio of 0.75 and a debt-to-equity ratio of 1.10. The company has a market cap of $22,094.13, a PE ratio of 22.56, a price-to-earnings-growth ratio of 1.61 and a beta of 0.72.

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

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 4th. Shareholders of record on Monday, November 13th were issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend was Friday, November 10th. Rockwell Collins’s dividend payout ratio is currently 27.62%.

In other news, VP Robert A. Sturgell sold 1,734 shares of the firm’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $132.10, for a total value of $229,061.40. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Tatum J. Buse sold 19,170 shares of the firm’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $135.36, for a total transaction of $2,594,851.20. Following the completion of the transaction, the vice president now directly owns 3,722 shares in the company, valued at approximately $503,809.92. The disclosure for this sale can be found here. In the last three months, insiders have sold 571,812 shares of company stock worth $77,350,247. Insiders own 1.10% of the company’s stock.

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

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