Sigma Planning Corp Buys 1 Shares of Rockwell Collins Inc. (COL)
Sigma Planning Corp increased its position in shares of Rockwell Collins Inc. (NYSE:COL) by 0.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,163 shares of the company’s stock after buying an additional 1 shares during the period. Sigma Planning Corp’s holdings in Rockwell Collins were worth $269,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in COL. Cleararc Capital Inc. increased its stake in shares of Rockwell Collins by 0.3% in the first quarter. Cleararc Capital Inc. now owns 3,206 shares of the company’s stock worth $296,000 after buying an additional 10 shares during the period. Stratos Wealth Partners LTD. increased its stake in shares of Rockwell Collins by 0.9% in the first quarter. Stratos Wealth Partners LTD. now owns 2,185 shares of the company’s stock worth $202,000 after buying an additional 20 shares during the period. Raymond James Trust N.A. increased its stake in shares of Rockwell Collins by 3.1% in the second quarter. Raymond James Trust N.A. now owns 3,743 shares of the company’s stock worth $318,000 after buying an additional 113 shares during the period. Massmutual Trust Co. FSB ADV increased its stake in shares of Rockwell Collins by 2.1% in the first quarter. Massmutual Trust Co. FSB ADV now owns 7,960 shares of the company’s stock worth $734,000 after buying an additional 163 shares during the period. Finally, Capstone Asset Management Co. increased its stake in shares of Rockwell Collins by 1.0% in the first quarter. Capstone Asset Management Co. now owns 18,517 shares of the company’s stock worth $1,707,000 after buying an additional 180 shares during the period. Institutional investors own 76.53% of the company’s stock.
Rockwell Collins Inc. (NYSE:COL) traded down 1.57% during trading on Friday, reaching $81.04. 768,508 shares of the company’s stock traded hands. The firm has a 50 day moving average price of $84.38 and a 200-day moving average price of $87.65. The firm has a market cap of $10.53 billion, a PE ratio of 15.27 and a beta of 0.62. Rockwell Collins Inc. has a 12 month low of $76.03 and a 12 month high of $95.11.
Rockwell Collins (NYSE:COL) last announced its quarterly earnings results on Monday, July 25th. The company reported $1.63 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.04. The company had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.35 billion. Rockwell Collins had a net margin of 13.54% and a return on equity of 37.06%. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period last year, the firm posted $1.33 earnings per share. On average, analysts forecast that Rockwell Collins Inc. will post $5.50 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 6th. Stockholders of record on Monday, August 15th were given a dividend of $0.33 per share. The ex-dividend date of this dividend was Thursday, August 11th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.63%. Rockwell Collins’s dividend payout ratio is 24.81%.
A number of analysts have recently issued reports on the company. Zacks Investment Research upgraded Rockwell Collins from a “sell” rating to a “hold” rating in a report on Tuesday, July 26th. Canaccord Genuity lowered Rockwell Collins from a “buy” rating to a “hold” rating and reduced their target price for the company from $100.00 to $94.00 in a report on Tuesday, July 26th. Jefferies Group restated a “hold” rating and issued a $92.00 target price (down previously from $96.00) on shares of Rockwell Collins in a report on Wednesday, July 27th. Morgan Stanley assumed coverage on Rockwell Collins in a report on Thursday, June 23rd. They issued an “equal weight” rating for the company. Finally, Argus lowered Rockwell Collins from a “buy” rating to a “hold” rating in a report on Friday, August 26th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $91.82.
In other news, VP Bruce Michael King sold 3,174 shares of Rockwell Collins stock in a transaction on Thursday, July 14th. The shares were sold at an average price of $85.48, for a total transaction of $271,313.52. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Robert Kelly Ortberg sold 25,474 shares of Rockwell Collins stock in a transaction on Monday, July 11th. The stock was sold at an average price of $84.97, for a total transaction of $2,164,525.78. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.
Rockwell Collins Company Profile
Rockwell Collins, Inc is engaged in design, production and support of communications and aviation electronics for commercial and military customers around the world. The Company’s products and systems are focused on aviation applications. It operates in two segments: Government Systems and Commercial Systems.
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 Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rockwell Collins Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.