Glenview Trust Co decreased its stake in shares of Rockwell Collins, Inc. (NYSE:COL) by 14.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 48,976 shares of the aerospace company’s stock after selling 8,486 shares during the quarter. Glenview Trust Co’s holdings in Rockwell Collins were worth $6,643,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in COL. Pentwater Capital Management LP acquired a new stake in Rockwell Collins in the 3rd quarter worth about $420,886,000. Capital International Investors raised its stake in Rockwell Collins by 1,335.8% in the 3rd quarter. Capital International Investors now owns 2,110,600 shares of the aerospace company’s stock worth $275,877,000 after purchasing an additional 1,963,600 shares in the last quarter. Alpine Associates Management Inc. raised its stake in Rockwell Collins by 1,004.1% in the 3rd quarter. Alpine Associates Management Inc. now owns 1,663,500 shares of the aerospace company’s stock worth $217,436,000 after purchasing an additional 1,847,500 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Rockwell Collins by 284.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 924,749 shares of the aerospace company’s stock worth $120,322,000 after purchasing an additional 684,011 shares in the last quarter. Finally, Westchester Capital Management LLC acquired a new stake in Rockwell Collins in the 3rd quarter worth about $75,511,000. 71.74% of the stock is owned by institutional investors and hedge funds.

In other Rockwell Collins news, VP Douglas E. Stenske sold 3,287 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The shares were sold at an average price of $135.00, for a total transaction of $443,745.00. Following the sale, the vice president now directly owns 8,776 shares of the company’s stock, valued at approximately $1,184,760. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP David J. Nieuwsma sold 3,900 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The stock was sold at an average price of $133.00, for a total transaction of $518,700.00. The disclosure for this sale can be found here. Insiders have sold a total of 41,965 shares of company stock worth $5,639,519 over the last ninety days. 1.10% of the stock is currently owned by insiders.

Shares of Rockwell Collins, Inc. (COL) opened at $133.31 on Friday. The stock has a market cap of $21,840.00, a P/E ratio of 24.78, a P/E/G ratio of 1.80 and a beta of 0.72. The company has a current ratio of 1.56, a quick ratio of 0.73 and a debt-to-equity ratio of 1.02. Rockwell Collins, Inc. has a 1-year low of $89.90 and a 1-year high of $139.63.

Rockwell Collins (NYSE:COL) last announced its quarterly earnings results on Friday, January 26th. The aerospace company reported $1.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.06. The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2 billion. Rockwell Collins had a net margin of 10.99% and a return on equity of 19.58%. The firm’s revenue was up 68.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.20 EPS. research analysts anticipate that Rockwell Collins, Inc. will post 7.12 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, March 5th. Investors of record on Monday, February 12th will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend is Friday, February 9th. Rockwell Collins’s dividend payout ratio (DPR) is presently 24.54%.

Several analysts have weighed in on COL shares. ValuEngine upgraded shares of Rockwell Collins from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Zacks Investment Research cut shares of Rockwell Collins from a “buy” rating to a “hold” rating in a research report on Monday, January 15th. Wells Fargo & Co cut shares of Rockwell Collins from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 16th. Canaccord Genuity dropped their target price on shares of Rockwell Collins from $140.00 to $137.00 and set a “hold” rating for the company in a research report on Tuesday, January 30th. Finally, Royal Bank of Canada set a $151.00 target price on shares of Rockwell Collins and gave the company a “hold” rating in a research report on Wednesday, January 24th. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Rockwell Collins has an average rating of “Hold” and a consensus target price of $134.01.

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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.

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

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