Jennison Associates LLC Invests $43.69 Million in Rockwell Collins, Inc. (COL) Stock

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Jennison Associates LLC Invests $43.69 Million in Rockwell Collins, Inc. (COL) Stock

For the ongoing Fiscal Quarter, 16 analysts have an average earnings forecast of $1.49 per share. (NYSE:COL) is 1.042939. Experts say the higher the value, the better, as it means that the free cash flow is high, or the variability of free cash flow is low or both. The firm is expected to report its next earnings results on Friday, January 19th. Pacer Advisors Inc. boosted its position in shares of Rockwell Collins by 12.2% in the second quarter. Its position was worth $22,361,000 an increase of 2,003.6% as of the end of the quarter.

Rockwell Collins (NYSE:COL) last released its quarterly earnings data on Friday, October 27th. The aerospace company reported $1.80 EPS for the quarter, meeting the consensus estimate of $1.80. Rockwell Collins had a net margin of 10.33% and a return on equity of 22.00%.

Average Revenue Estimate of the company for the current Fiscal Quarter is $2.23 Billion, according to consensus of 17 analysts. Standard Life Investments Ltd, a United Kingdom-based fund reported 4.27 million shares. The company's revenue was up 4.4% on a year-over-year basis. Goldman Sachs Group, Inc.

Brokerage houses, on average, are recommending investors to hold Rockwell Collins, Inc. Canaccord Genuity downgraded the stock to "Hold" rating in Wednesday, September 6 report. Finally, State Street Corp grew its position in Rockwell Collins by 21.9% during the second quarter. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company's stock. The original version of this article can be accessed at https://www.dispatchtribunal.com/2017/11/13/meag-munich-ergo-kapitalanlagegesellschaft-mbh-takes-5-42-million-position-in-rockwell-collins-inc-col.html. The company has market cap of $2.14 billion. Everyone wants to see their stock picks soar, but the stark reality is that during a market wide sell-off, this may not be the case. Rockwell Collins, Inc. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.55 and a quick ratio of 0.75. However, the company's most recent quarter increase of 57% looks attractive. Investors of record on Monday, November 13th will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 0.99%. The ex-dividend date of this dividend is Friday, November 10th. The price to earnings ratio for Rockwell Collins, Inc.

What is Wall Street saying about Rockwell Collins, Inc. "(COL) Will Announce Quarterly Sales of $1.99 Billion" was first published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this news story on another publication, it was copied illegally and reposted in violation of United States & global copyright and trademark laws. Rockwell Collins Inc has a financial strength rank of 5 (out of 10). The stock decreased 0.36% or $0.48 during the last trading session, reaching $132.88. It increased, as 39 investors sold COL shares while 97 reduced holdings. Also, VP Tatum J. Buse sold 19,170 shares of the business's stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $135.34, for a total transaction of $4,736,900.00. The disclosure for this sale can be found here. New York State Teachers Retirement System bought 49,618 shares as the company's stock rose 9.83% with the market. Vanguard Group Inc. now owns 16,019,594 shares of the aerospace company's stock valued at $1,683,340,000 after purchasing an additional 3,410,680 shares during the period. Old Mutual Customised Solutions (Proprietary) Limited invested 0.11% of its portfolio in Rockwell Collins, Inc. The last stock price is down 18.61% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. Jennison Associates LLC owned 0.21% of Rockwell Collins at the end of the most recent quarter. Epoch Investment Partners Inc. grew its holdings in Rockwell Collins by 186.0% during the second quarter.

October 2 investment analysts at SunTrust Banks kept a "Hold" rating on the company. Finally, Bank of Nova Scotia boosted its position in shares of Rockwell Collins by 8.1% in the second quarter. Franklin Resources Inc. now owns 2,999,186 shares of the aerospace company's stock valued at $315,130,000 after purchasing an additional 1,295,052 shares during the period.

The Commercial Systems segment supplies aviation electronics systems, products and services to customers located throughout the world.

Allegion Public Limited Company is a well-known provider of security products and solutions. The Firm operates through three divisions: Commercial Systems, Government Systems and Information Management Services.

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