OLD Dominion Capital Management Inc. Lifted Holding in Rockwell Collins, Inc. (COL)

OLD Dominion Capital Management Inc. Lifted Holding in Rockwell Collins, Inc. (COL)

OLD Dominion Capital Management Inc. boosted its position in Rockwell Collins, Inc. (NYSE:COL) by 0.0% during the third quarter, Holdings Channel reports. The firm owned 12,773 shares of the company’s stock after buying an additional 2 shares during the period. Rockwell Collins makes up about 1.3% of OLD Dominion Capital Management Inc.’s investment portfolio, making the stock its 14th largest position. OLD Dominion Capital Management Inc.’s holdings in Rockwell Collins were worth $1,077,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Van ECK Associates Corp increased its position in Rockwell Collins by 31.8% in the second quarter. Van ECK Associates Corp now owns 1,340 shares of the company’s stock worth $114,000 after buying an additional 323 shares during the last quarter. Cantab Capital Partners LLP increased its position in Rockwell Collins by 1,109.2% in the second quarter. Cantab Capital Partners LLP now owns 1,451 shares of the company’s stock worth $124,000 after buying an additional 1,331 shares during the last quarter. Point72 Asia Hong Kong Ltd bought a new position in Rockwell Collins during the second quarter worth about $193,000. Pacer Advisors Inc. increased its position in Rockwell Collins by 12.2% in the second quarter. Pacer Advisors Inc. now owns 2,406 shares of the company’s stock worth $205,000 after buying an additional 261 shares during the last quarter. Finally, Shinko Asset Management Co. Ltd. increased its position in Rockwell Collins by 3.0% in the third quarter. Shinko Asset Management Co. Ltd. now owns 2,442 shares of the company’s stock worth $206,000 after buying an additional 70 shares during the last quarter. Hedge funds and other institutional investors own 78.44% of the company’s stock.

Shares of Rockwell Collins, Inc. (NYSE:COL) opened at 90.76 on Wednesday. The stock has a market capitalization of $11.97 billion, a P/E ratio of 16.22 and a beta of 0.80. The firm’s 50-day moving average is $92.14 and its 200 day moving average is $87.07. Rockwell Collins, Inc. has a 12-month low of $76.03 and a 12-month high of $96.55.

Rockwell Collins (NYSE:COL) last posted its quarterly earnings results on Friday, January 20th. The company reported $1.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.05. The firm earned $1.19 billion during the quarter. Rockwell Collins had a return on equity of 35.84% and a net margin of 13.97%. Rockwell Collins’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.00 EPS. On average, equities research analysts forecast that Rockwell Collins, Inc. will post $5.40 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, March 6th. Stockholders of record on Monday, February 13th will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend is Thursday, February 9th. Rockwell Collins’s dividend payout ratio is presently 23.57%.

A number of research analysts recently issued reports on the stock. Vertical Research assumed coverage on shares of Rockwell Collins in a research report on Friday, October 28th. They set a “hold” rating on the stock. Vertical Group assumed coverage on shares of Rockwell Collins in a research note on Friday, October 28th. They set a “hold” rating for the company. Robert W. Baird restated a “neutral” rating and set a $90.00 price target on shares of Rockwell Collins in a research note on Friday, January 20th. Seaport Global Securities assumed coverage on shares of Rockwell Collins in a research note on Wednesday, December 21st. They set a “neutral” rating and a $100.00 price target for the company. Finally, Royal Bank Of Canada assumed coverage on shares of Rockwell Collins in a research note on Thursday, January 12th. They set a “sector perform” rating and a $98.00 price target for the company. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the stock. Rockwell Collins currently has a consensus rating of “Hold” and a consensus target price of $92.46.

In other news, SVP Nan Mattai sold 19,400 shares of Rockwell Collins stock in a transaction dated Thursday, January 5th. The stock was sold at an average price of $92.55, for a total value of $1,795,470.00. Following the completion of the transaction, the senior vice president now owns 14,139 shares of the company’s stock, valued at approximately $1,308,564.45. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.50% of the stock is owned by insiders.

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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