Rockwell Collins (COL) Sees Strong Trading Volume

Rockwell Collins, Inc. (NYSE:COL) shares saw strong trading volume on Friday . 10,534,529 shares were traded during trading, an increase of 657% from the previous session’s volume of 1,391,048 shares.The stock last traded at $141.63 and had previously closed at $129.68.

Several research analysts recently commented on the company. Zacks Investment Research raised Rockwell Collins from a “hold” rating to a “buy” rating and set a $150.00 price target for the company in a research report on Thursday, October 18th. Seaport Global Securities reissued a “neutral” rating on shares of Rockwell Collins in a research report on Monday, September 17th. Finally, Cowen reissued a “hold” rating and set a $135.00 price target on shares of Rockwell Collins in a research report on Friday, July 27th. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Rockwell Collins presently has a consensus rating of “Hold” and a consensus target price of $141.25.

The company has a quick ratio of 0.84, a current ratio of 1.65 and a debt-to-equity ratio of 0.93. The company has a market cap of $21.31 billion, a PE ratio of 23.03, a P/E/G ratio of 1.59 and a beta of 0.74.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 10th. Shareholders of record on Friday, November 16th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Thursday, November 15th. This represents a $1.32 annualized dividend and a yield of 0.93%. Rockwell Collins’s dividend payout ratio is 21.46%.

A number of large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Rockwell Collins by 0.4% in the third quarter. Vanguard Group Inc. now owns 16,664,339 shares of the aerospace company’s stock valued at $2,340,840,000 after buying an additional 74,231 shares during the period. Morgan Stanley raised its stake in Rockwell Collins by 9.5% in the third quarter. Morgan Stanley now owns 797,953 shares of the aerospace company’s stock valued at $112,090,000 after buying an additional 69,029 shares during the period. Legal & General Group Plc raised its stake in Rockwell Collins by 0.6% in the third quarter. Legal & General Group Plc now owns 735,373 shares of the aerospace company’s stock valued at $103,298,000 after buying an additional 4,510 shares during the period. Standard Life Aberdeen plc raised its stake in Rockwell Collins by 9.0% in the third quarter. Standard Life Aberdeen plc now owns 52,648 shares of the aerospace company’s stock valued at $7,396,000 after buying an additional 4,367 shares during the period. Finally, Teachers Advisors LLC raised its stake in Rockwell Collins by 0.3% in the third quarter. Teachers Advisors LLC now owns 378,899 shares of the aerospace company’s stock valued at $53,224,000 after buying an additional 1,113 shares during the period. Hedge funds and other institutional investors own 68.70% of the company’s stock.

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Rockwell Collins Company Profile (NYSE:COL)

Rockwell Collins, Inc designs, produces, and supports communications and aviation systems worldwide. The company's Interior Systems segment offers commercial aircraft seats; galley structures, food and beverage preparation equipment, and water and waste systems; oxygen and passenger service equipment; cabin lighting systems; and business jet and general aviation interior products.

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