Sprucegrove Investment Management Ltd. lessened its holdings in shares of Rockwell Collins, Inc. (NYSE:COL) by 2.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 150,400 shares of the aerospace company’s stock after selling 3,500 shares during the quarter. Rockwell Collins makes up 1.1% of Sprucegrove Investment Management Ltd.’s portfolio, making the stock its 18th biggest position. Sprucegrove Investment Management Ltd. owned 0.09% of Rockwell Collins worth $19,659,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Janney Capital Management LLC raised its holdings in shares of Rockwell Collins by 0.3% during the second quarter. Janney Capital Management LLC now owns 4,665 shares of the aerospace company’s stock valued at $490,000 after acquiring an additional 15 shares in the last quarter. Whittier Trust Co. grew its stake in Rockwell Collins by 3.2% in the second quarter. Whittier Trust Co. now owns 1,141 shares of the aerospace company’s stock worth $120,000 after purchasing an additional 35 shares during the period. Simmons Bank grew its stake in Rockwell Collins by 0.6% in the second quarter. Simmons Bank now owns 7,593 shares of the aerospace company’s stock worth $799,000 after purchasing an additional 43 shares during the period. OLD Second National Bank of Aurora grew its stake in Rockwell Collins by 0.4% in the second quarter. OLD Second National Bank of Aurora now owns 16,627 shares of the aerospace company’s stock worth $1,747,000 after purchasing an additional 58 shares during the period. Finally, BB&T Corp grew its stake in Rockwell Collins by 0.7% in the second quarter. BB&T Corp now owns 8,916 shares of the aerospace company’s stock worth $936,000 after purchasing an additional 66 shares during the period. Institutional investors own 75.56% of the company’s stock.

In related news, VP Tatum J. Buse sold 19,170 shares of the stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $135.36, for a total transaction of $2,594,851.20. Following the completion of the sale, the vice president now owns 3,722 shares in the company, valued at $503,809.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Harlan Donnley Meade bought 1,666,667 shares of the business’s stock in a transaction that occurred on Friday, September 15th. The shares were acquired at an average price of $0.06 per share, with a total value of $100,000.02. Insiders sold 535,481 shares of company stock worth $72,458,490 in the last ninety days. Corporate insiders own 1.50% of the company’s stock.

Several brokerages recently weighed in on COL. Royal Bank Of Canada set a $140.00 price target on Rockwell Collins and gave the stock a “hold” rating in a research note on Sunday, November 12th. Goldman Sachs Group, Inc. (The) set a $96.00 price target on Rockwell Collins and gave the stock a “sell” rating in a research note on Tuesday, August 1st. Jefferies Group LLC reaffirmed a “hold” rating and issued a $115.00 price target (up from $108.00) on shares of Rockwell Collins in a research note on Monday, July 31st. Vetr raised Rockwell Collins from a “hold” rating to a “strong-buy” rating and set a $166.10 price target on the stock in a research note on Monday, August 21st. Finally, Canaccord Genuity cut Rockwell Collins from a “buy” rating to a “hold” rating in a research note on Wednesday, September 6th. One investment analyst has rated the stock with a sell rating, seventeen have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $128.85.

Rockwell Collins, Inc. (NYSE:COL) traded up $0.20 during midday trading on Tuesday, hitting $132.47. The stock had a trading volume of 595,700 shares, compared to its average volume of 1,811,588. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.55 and a quick ratio of 0.75. Rockwell Collins, Inc. has a 1 year low of $87.62 and a 1 year high of $136.50. The company has a market capitalization of $21,570.00, a P/E ratio of 22.12, a P/E/G ratio of 1.58 and a beta of 0.73.

Rockwell Collins (NYSE:COL) last posted its quarterly earnings data on Friday, October 27th. The aerospace company reported $1.80 EPS for the quarter, hitting the consensus estimate of $1.80. Rockwell Collins had a return on equity of 14.67% and a net margin of 9.71%. The firm had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.23 billion. During the same quarter last year, the company earned $1.58 earnings per share. The business’s revenue for the quarter was up 51.8% compared to the same quarter last year. analysts forecast that Rockwell Collins, Inc. will post 7.18 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Stockholders of record on Monday, November 13th will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Friday, November 10th. Rockwell Collins’s dividend payout ratio (DPR) is currently 27.62%.

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Rockwell Collins 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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