Rockwell Collins, Inc. (NYSE:COL) has been given an average recommendation of “Hold” by the eighteen brokerages that are covering the firm. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $92.27.
Several equities research analysts have commented on COL shares. Zacks Investment Research raised shares of Rockwell Collins from a “sell” rating to a “hold” rating in a report on Friday, December 16th. Deutsche Bank AG upped their price objective on shares of Rockwell Collins from $98.00 to $105.00 and gave the company a “buy” rating in a report on Monday, December 5th. Wolfe Research started coverage on shares of Rockwell Collins in a report on Wednesday, November 23rd. They set an “outperform” rating on the stock. Canaccord Genuity dropped their price objective on shares of Rockwell Collins from $94.00 to $88.00 and set a “hold” rating on the stock in a report on Tuesday, October 25th. Finally, Seaport Global Securities raised shares of Rockwell Collins from a “neutral” rating to a “buy” rating and set a $100.00 price objective on the stock in a report on Monday, January 23rd.
In related news, SVP Nan Mattai sold 19,400 shares of the company’s stock in a transaction that occurred on Thursday, January 5th. The shares were sold at an average price of $92.55, for a total value of $1,795,470.00. Following the transaction, the senior vice president now directly owns 14,139 shares in the company, valued at $1,308,564.45. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 1.50% of the company’s stock.
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Several hedge funds and other institutional investors have recently bought and sold shares of COL. Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its position in Rockwell Collins by 552.5% in the third quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 1,181 shares of the company’s stock valued at $100,000 after buying an additional 1,000 shares during the period. Assetmark Inc. boosted its position in Rockwell Collins by 48.9% in the third quarter. Assetmark Inc. now owns 1,382 shares of the company’s stock valued at $117,000 after buying an additional 454 shares during the period. Global X Management Co. LLC boosted its position in Rockwell Collins by 52.7% in the third quarter. Global X Management Co. LLC now owns 1,408 shares of the company’s stock valued at $119,000 after buying an additional 486 shares during the period. SRB Corp boosted its position in Rockwell Collins by 15.3% in the third quarter. SRB Corp now owns 1,850 shares of the company’s stock valued at $156,000 after buying an additional 246 shares during the period. Finally, Van ECK Associates Corp boosted its position in Rockwell Collins by 7.3% in the fourth quarter. Van ECK Associates Corp now owns 1,951 shares of the company’s stock valued at $181,000 after buying an additional 132 shares during the period. Institutional investors own 78.40% of the company’s stock.
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Rockwell Collins (NYSE:COL) traded down 0.71% during midday trading on Friday, hitting $92.86. 270,398 shares of the stock were exchanged. Rockwell Collins has a 1-year low of $78.54 and a 1-year high of $96.55. The company’s 50 day moving average is $91.30 and its 200 day moving average is $87.57. The company has a market capitalization of $12.15 billion, a P/E ratio of 16.60 and a beta of 0.79.
Rockwell Collins (NYSE:COL) last released its quarterly earnings data on Friday, January 20th. The company reported $1.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.15 by $0.05. The business had revenue of $1.19 billion for the quarter. Rockwell Collins had a net margin of 13.97% and a return on equity of 35.84%. Rockwell Collins’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the company earned $1.00 earnings per share. Analysts predict that Rockwell Collins will post $5.40 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, March 6th. Stockholders of record on Monday, February 13th will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend is Thursday, February 9th. Rockwell Collins’s dividend payout ratio is presently 23.57%.
About Rockwell Collins
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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