Rockwell Collins, Inc. (COL) Shares Bought by Gabelli Funds LLC

Gabelli Funds LLC boosted its holdings in Rockwell Collins, Inc. (NYSE:COL) by 91.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,852 shares of the company’s stock after acquiring an additional 28,100 shares during the period. Gabelli Funds LLC’s holdings in Rockwell Collins were worth $7,693,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in Rockwell Collins by 27.0% in the 2nd quarter. Vanguard Group Inc. now owns 16,019,594 shares of the company’s stock valued at $1,683,340,000 after buying an additional 3,410,680 shares in the last quarter. BlackRock Inc. grew its holdings in Rockwell Collins by 27.9% in the 2nd quarter. BlackRock Inc. now owns 11,315,505 shares of the company’s stock valued at $1,189,034,000 after buying an additional 2,466,370 shares in the last quarter. Epoch Investment Partners Inc. grew its holdings in Rockwell Collins by 186.0% in the 2nd quarter. Epoch Investment Partners Inc. now owns 2,028,189 shares of the company’s stock valued at $213,122,000 after buying an additional 1,319,020 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Rockwell Collins by 76.0% during the 2nd quarter. Franklin Resources Inc. now owns 2,999,186 shares of the company’s stock worth $315,130,000 after purchasing an additional 1,295,052 shares in the last quarter. Finally, State Street Corp grew its holdings in shares of Rockwell Collins by 21.9% during the 2nd quarter. State Street Corp now owns 7,140,178 shares of the company’s stock worth $750,304,000 after purchasing an additional 1,281,647 shares in the last quarter. Institutional investors and hedge funds own 77.96% of the company’s stock.

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Shares of Rockwell Collins, Inc. (COL) opened at GBX 133.58 ($1.76) on Friday. The company has a quick ratio of 0.75, a current ratio of 1.55 and a debt-to-equity ratio of 1.10. Rockwell Collins, Inc. has a one year low of GBX 85.11 ($1.12) and a one year high of GBX 136.50 ($1.80). The company has a market capitalization of $21,746.69, a P/E ratio of 22.34, a price-to-earnings-growth ratio of 1.60 and a beta of 0.73.

Rockwell Collins (NYSE:COL) last announced its quarterly earnings data on Friday, October 27th. The company reported GBX 1.80 ($0.02) EPS for the quarter, meeting the Zacks’ consensus estimate of GBX 1.80 ($0.02). Rockwell Collins had a return on equity of 22.00% and a net margin of 10.33%. The firm had revenue of GBX 219.30 billion during the quarter, compared to analysts’ expectations of GBX 222.97 billion. During the same quarter last year, the firm posted $1.58 earnings per share. The company’s revenue for the quarter was up 51.8% compared to the same quarter last year. equities research analysts expect that Rockwell Collins, Inc. will post 7.18 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 4th. Investors of record on Monday, November 13th will be given a dividend of $0.33 per share. The ex-dividend date is Friday, November 10th. This represents a $1.32 annualized dividend and a dividend yield of 0.99%. Rockwell Collins’s payout ratio is 27.62%.

In related news, SVP Nan Mattai sold 53,300 shares of Rockwell Collins stock in a transaction on Monday, November 6th. The stock was sold at an average price of GBX 135.34 ($1.78), for a total transaction of £72,136.22 ($94,878.63). Following the sale, the senior vice president now directly owns 21,039 shares in the company, valued at £28,474.18 ($37,451.25). The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Harlan Donnley Meade purchased 1,666,667 shares of the company’s stock in a transaction that occurred on Friday, September 15th. The shares were acquired at an average price of GBX 0.06 ($0.00) per share, for a total transaction of £1,000 ($1,315.27). In the last ninety days, insiders have sold 527,680 shares of company stock worth $71,420,546. 1.50% of the stock is owned by insiders.

Several analysts have recently issued reports on COL shares. Credit Suisse Group reissued a “buy” rating and set a $120.00 target price on shares of Rockwell Collins in a report on Wednesday, July 19th. Jefferies Group LLC reissued a “hold” rating and set a $108.00 target price on shares of Rockwell Collins in a report on Tuesday, July 25th. BidaskClub lowered Rockwell Collins from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. Cowen and Company reaffirmed a “market perform” rating and issued a $115.00 price objective on shares of Rockwell Collins in a research note on Friday, July 28th. Finally, Canaccord Genuity raised Rockwell Collins from a “hold” rating to a “buy” rating and raised their price objective for the company from $108.00 to $125.00 in a research note on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, seventeen have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of GBX 128.85 ($1.69).

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.

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

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