Rockwell Collins, Inc. (COL) Shares Sold by Two Sigma Securities LLC
Two Sigma Securities LLC trimmed its holdings in Rockwell Collins, Inc. (NYSE:COL) by 78.4% in the 4th quarter, HoldingsChannel reports. The fund owned 3,517 shares of the aerospace company’s stock after selling 12,765 shares during the quarter. Two Sigma Securities LLC’s holdings in Rockwell Collins were worth $477,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Fieldpoint Private Securities LLC bought a new stake in Rockwell Collins in the third quarter worth approximately $100,000. FNY Partners Fund LP bought a new stake in Rockwell Collins in the third quarter worth approximately $104,000. Tower Research Capital LLC TRC bought a new stake in Rockwell Collins in the fourth quarter worth approximately $118,000. Cerebellum GP LLC bought a new stake in Rockwell Collins in the fourth quarter worth approximately $130,000. Finally, Keeler Thomas Management LLC bought a new stake in Rockwell Collins in the fourth quarter worth approximately $135,000. 67.70% of the stock is owned by institutional investors.
Several analysts have commented on COL shares. Zacks Investment Research downgraded shares of Rockwell Collins from a “buy” rating to a “hold” rating in a research report on Tuesday, January 9th. Royal Bank of Canada set a $151.00 target price on shares of Rockwell Collins and gave the stock a “hold” rating in a research report on Wednesday, January 24th. Canaccord Genuity decreased 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. Cowen reissued a “hold” rating and issued a $135.00 target price on shares of Rockwell Collins in a research report on Friday, January 26th. Finally, ValuEngine raised shares of Rockwell Collins from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. 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 given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $133.95.
Shares of Rockwell Collins, Inc. (NYSE COL) opened at $136.04 on Wednesday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.73 and a current ratio of 1.56. The stock has a market cap of $22,366.73, a price-to-earnings ratio of 25.33, a P/E/G ratio of 1.79 and a beta of 0.70. Rockwell Collins, Inc. has a 1-year low of $95.62 and a 1-year high of $139.63.
Rockwell Collins (NYSE:COL) last posted its quarterly earnings data on Friday, January 26th. The aerospace company reported $1.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.53 by $0.06. The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2 billion. Rockwell Collins had a net margin of 10.99% and a return on equity of 19.58%. Rockwell Collins’s quarterly revenue was up 68.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.20 EPS. analysts anticipate that Rockwell Collins, Inc. will post 7.2 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Monday, March 5th. Investors of record on Monday, February 12th were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 0.97%. The ex-dividend date was Friday, February 9th. Rockwell Collins’s payout ratio is currently 24.58%.
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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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