Macquarie Group Ltd. grew its position in shares of Rockwell Collins, Inc. (NYSE:COL) by 17.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 158,250 shares of the aerospace company’s stock after purchasing an additional 24,053 shares during the quarter. Macquarie Group Ltd.’s holdings in Rockwell Collins were worth $21,334,000 as of its most recent filing with the SEC.
Other hedge funds have also recently modified their holdings of the company. Fieldpoint Private Securities LLC acquired a new position in shares of Rockwell Collins during the 3rd quarter valued at $100,000. FNY Partners Fund LP acquired a new position in shares of Rockwell Collins during the 3rd quarter valued at $104,000. Tower Research Capital LLC TRC acquired a new position in shares of Rockwell Collins during the 4th quarter valued at $118,000. Cerebellum GP LLC acquired a new position in shares of Rockwell Collins during the 4th quarter valued at $130,000. Finally, Keeler Thomas Management LLC acquired a new position in shares of Rockwell Collins during the 4th quarter valued at $135,000. Institutional investors own 67.68% of the company’s stock.
COL has been the topic of several research analyst reports. Zacks Investment Research cut Rockwell Collins from a “buy” rating to a “hold” rating in a research report on Thursday, March 8th. ValuEngine upgraded Rockwell Collins from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Wells Fargo cut Rockwell Collins from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 16th. Finally, Canaccord Genuity reduced their price objective on Rockwell Collins from $140.00 to $137.00 and set a “hold” rating for the company in a research note on Tuesday, January 30th. One analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $133.95.
Rockwell Collins (NYSE:COL) last issued its earnings results on Friday, January 26th. The aerospace company reported $1.59 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.53 by $0.06. The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2 billion. Rockwell Collins had a return on equity of 19.58% and a net margin of 10.99%. Rockwell Collins’s revenue was up 68.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.20 earnings per share. research analysts expect that Rockwell Collins, Inc. will post 7.23 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Monday, March 5th. Stockholders of record on Monday, February 12th were given a $0.33 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a $1.32 annualized dividend and a dividend yield of 0.98%. Rockwell Collins’s dividend payout ratio (DPR) is presently 24.58%.
Rockwell Collins Company 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.
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