Nissay Asset Management Corp Japan ADV cut its holdings in shares of Rockwell Collins, Inc. (NYSE:COL) by 5.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,605 shares of the aerospace company’s stock after selling 1,422 shares during the quarter. Nissay Asset Management Corp Japan ADV’s holdings in Rockwell Collins were worth $3,583,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Integrated Investment Consultants LLC purchased a new stake in shares of Rockwell Collins in the second quarter worth about $108,000. Motco lifted its holdings in shares of Rockwell Collins by 79.5% in the first quarter. Motco now owns 980 shares of the aerospace company’s stock worth $132,000 after buying an additional 434 shares in the last quarter. North Star Investment Management Corp. purchased a new stake in shares of Rockwell Collins in the second quarter worth about $135,000. Parallel Advisors LLC lifted its holdings in shares of Rockwell Collins by 58.0% in the second quarter. Parallel Advisors LLC now owns 1,101 shares of the aerospace company’s stock worth $148,000 after buying an additional 404 shares in the last quarter. Finally, Optimum Investment Advisors purchased a new stake in shares of Rockwell Collins in the first quarter worth about $162,000. 65.99% of the stock is currently owned by institutional investors and hedge funds.

COL stock opened at $137.51 on Friday. The company has a current ratio of 1.65, a quick ratio of 0.84 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $22.37 billion, a P/E ratio of 22.36, a P/E/G ratio of 1.80 and a beta of 0.64. Rockwell Collins, Inc. has a 1-year low of $121.46 and a 1-year high of $139.63.

Rockwell Collins (NYSE:COL) last posted its quarterly earnings data on Friday, July 27th. The aerospace company reported $1.73 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.89 by ($0.16). The company had revenue of $2.21 billion during the quarter, compared to the consensus estimate of $2.23 billion. Rockwell Collins had a return on equity of 17.75% and a net margin of 11.70%. The firm’s revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter last year, the company posted $1.64 earnings per share. sell-side analysts predict that Rockwell Collins, Inc. will post 7.14 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 10th. Investors of record on Monday, August 20th will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 0.96%. The ex-dividend date of this dividend is Friday, August 17th. Rockwell Collins’s dividend payout ratio (DPR) is 21.46%.

A number of equities research analysts have recently issued reports on the stock. Cowen reissued a “hold” rating and issued a $135.00 price target on shares of Rockwell Collins in a report on Friday, July 27th. Zacks Investment Research raised shares of Rockwell Collins from a “sell” rating to a “hold” rating in a report on Tuesday, July 3rd. Finally, ValuEngine downgraded shares of Rockwell Collins from a “buy” rating to a “hold” rating in a report on Wednesday, July 11th. Sixteen research analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $140.46.

About Rockwell Collins

Rockwell Collins, Inc designs, produces, and supports communications and aviation systems worldwide. The company's Interior Systems segment offers commercial aircraft seats; galley structures, food and beverage preparation equipment, and water and waste systems; oxygen and passenger service equipment; cabin lighting systems; and business jet and general aviation interior products.

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

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