Tokio Marine Asset Management Co. Ltd. Takes $1.84 Million Position in Rockwell Collins, Inc. (COL)
Tokio Marine Asset Management Co. Ltd. acquired a new stake in Rockwell Collins, Inc. (NYSE:COL) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 13,099 shares of the aerospace company’s stock, valued at approximately $1,840,000.
Several other large investors have also recently bought and sold shares of COL. Gradient Investments LLC bought a new stake in shares of Rockwell Collins in the 2nd quarter valued at $105,000. Integrated Investment Consultants LLC bought a new stake in shares of Rockwell Collins in the 2nd quarter valued at $108,000. Fort L.P. bought a new stake in shares of Rockwell Collins in the 2nd quarter valued at $120,000. North Star Investment Management Corp. bought a new stake in shares of Rockwell Collins in the 2nd quarter valued at $135,000. Finally, Parallel Advisors LLC boosted its stake in shares of Rockwell Collins by 58.0% in the 2nd quarter. Parallel Advisors LLC now owns 1,101 shares of the aerospace company’s stock valued at $148,000 after purchasing an additional 404 shares during the last quarter. 67.31% of the stock is currently owned by institutional investors.
Shares of Rockwell Collins stock traded up $1.73 during trading on Tuesday, reaching $132.23. 203,750 shares of the company traded hands, compared to its average volume of 1,829,395. The company has a quick ratio of 0.84, a current ratio of 1.65 and a debt-to-equity ratio of 0.93. Rockwell Collins, Inc. has a 1-year low of $129.68 and a 1-year high of $142.61. The company has a market capitalization of $21.61 billion, a PE ratio of 21.51, a PEG ratio of 1.55 and a beta of 0.65.
A number of equities research analysts have recently commented on COL shares. Zacks Investment Research raised shares of Rockwell Collins from a “sell” rating to a “hold” rating in a research note on Tuesday, July 3rd. ValuEngine downgraded shares of Rockwell Collins from a “buy” rating to a “hold” rating in a research report on Wednesday, July 11th. Cowen reiterated a “hold” rating and set a $135.00 target price on shares of Rockwell Collins in a research report on Friday, July 27th. Finally, Seaport Global Securities reiterated a “neutral” rating on shares of Rockwell Collins in a research report on Monday, September 17th. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Rockwell Collins presently has an average rating of “Hold” and an average target price of $141.00.
Rockwell Collins Company Profile
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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