Caisse DE Depot ET Placement DU Quebec decreased its holdings in Rockwell Collins, Inc. (NYSE:COL) by 12.9% in the fourth quarter, HoldingsChannel.com reports. The firm owned 36,539 shares of the aerospace company’s stock after selling 5,400 shares during the quarter. Caisse DE Depot ET Placement DU Quebec’s holdings in Rockwell Collins were worth $4,955,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Pentwater Capital Management LP purchased a new stake in Rockwell Collins during the 3rd quarter worth approximately $420,886,000. Capital International Investors increased its stake in Rockwell Collins by 1,335.8% during the 3rd quarter. Capital International Investors now owns 2,110,600 shares of the aerospace company’s stock worth $275,877,000 after buying an additional 1,963,600 shares in the last quarter. Alpine Associates Management Inc. increased its stake in Rockwell Collins by 1,004.1% during the 3rd quarter. Alpine Associates Management Inc. now owns 1,663,500 shares of the aerospace company’s stock worth $217,436,000 after buying an additional 1,847,500 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Rockwell Collins by 284.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 924,749 shares of the aerospace company’s stock worth $120,322,000 after buying an additional 684,011 shares in the last quarter. Finally, Westchester Capital Management LLC purchased a new stake in Rockwell Collins during the 3rd quarter worth approximately $75,511,000. 67.70% of the stock is owned by institutional investors.
In related news, CFO Patrick E. Allen sold 25,410 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $135.02, for a total value of $3,430,858.20. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Douglas E. Stenske sold 3,287 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $135.00, for a total value of $443,745.00. Following the completion of the transaction, the vice president now owns 8,776 shares in the company, valued at $1,184,760. The disclosure for this sale can be found here. Corporate insiders own 1.10% of the company’s stock.
Shares of Rockwell Collins, Inc. (COL) opened at $137.82 on Monday. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.56 and a quick ratio of 0.73. The stock has a market capitalization of $22,594.61, a P/E ratio of 21.64, a PEG ratio of 1.81 and a beta of 0.70. Rockwell Collins, Inc. has a 52-week low of $95.62 and a 52-week high of $139.63.
Rockwell Collins (NYSE:COL) last posted its quarterly earnings results on Friday, January 26th. The aerospace company reported $1.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.06. Rockwell Collins had a return on equity of 19.58% and a net margin of 10.99%. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2 billion. During the same period in the prior year, the business earned $1.20 earnings per share. The business’s revenue was up 68.6% compared to the same quarter last year. sell-side analysts predict that Rockwell Collins, Inc. will post 7.2 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 5th. Investors of record on Monday, February 12th were issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 0.96%. The ex-dividend date of this dividend was Friday, February 9th. Rockwell Collins’s dividend payout ratio is presently 24.58%.
ILLEGAL ACTIVITY WARNING: “Caisse DE Depot ET Placement DU Quebec Has $4.96 Million Position in Rockwell Collins, Inc. (COL)” was first reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this piece of content on another website, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be viewed at https://sportsperspectives.com/2018/03/12/caisse-de-depot-et-placement-du-quebec-has-4-96-million-position-in-rockwell-collins-inc-col.html.
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.
Want to see what other hedge funds are holding COL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Rockwell Collins, Inc. (NYSE:COL).
Receive News & Ratings for Rockwell Collins Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rockwell Collins and related companies with MarketBeat.com's FREE daily email newsletter.