Rockwell Collins, Inc. (COL) Given Average Recommendation of “Hold” by Brokerages
Shares of Rockwell Collins, Inc. (NYSE:COL) have been assigned an average rating of “Hold” from the twenty-four ratings firms that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $132.18.
COL has been the topic of a number of research analyst reports. Credit Suisse Group reaffirmed a “neutral” rating on shares of Rockwell Collins in a research report on Friday, September 1st. ValuEngine raised Rockwell Collins from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Jefferies Group reissued a “hold” rating and issued a $115.00 target price on shares of Rockwell Collins in a research report on Sunday, September 3rd. Buckingham Research reissued a “neutral” rating on shares of Rockwell Collins in a research report on Tuesday, September 5th. Finally, Vertical Research lowered Rockwell Collins from a “buy” rating to a “hold” rating and dropped their target price for the company from $143.00 to $140.00 in a research report on Tuesday, September 5th.
Shares of Rockwell Collins (NYSE:COL) opened at $135.09 on Monday. The company has a market capitalization of $22,140.00, a PE ratio of 28.26, a PEG ratio of 1.61 and a beta of 0.72. The company has a current ratio of 1.55, a quick ratio of 0.75 and a debt-to-equity ratio of 1.10. Rockwell Collins has a 1 year low of $88.80 and a 1 year high of $136.50.
Rockwell Collins (NYSE:COL) last released its quarterly earnings results on Friday, October 27th. The aerospace company reported $1.80 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.80. The company had revenue of $2.19 billion for the quarter, compared to analyst estimates of $2.23 billion. Rockwell Collins had a return on equity of 22.00% and a net margin of 10.33%. Rockwell Collins’s revenue was up 51.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.58 earnings per share. research analysts forecast that Rockwell Collins will post 7.18 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Monday, December 4th. Shareholders of record on Monday, November 13th were given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 0.98%. The ex-dividend date was Friday, November 10th. Rockwell Collins’s dividend payout ratio (DPR) is 27.62%.
In other Rockwell Collins news, VP Douglas E. Stenske sold 3,287 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $135.00, for a total transaction of $443,745.00. Following the transaction, the vice president now owns 8,776 shares of the company’s stock, valued at approximately $1,184,760. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Robert A. Sturgell sold 1,734 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $132.10, for a total value of $229,061.40. The disclosure for this sale can be found here. Insiders have sold a total of 571,812 shares of company stock worth $77,350,247 in the last ninety days. Insiders own 1.10% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of COL. Atlantic Trust Group LLC acquired a new position in Rockwell Collins in the 3rd quarter valued at $1,234,000. Parametric Portfolio Associates LLC raised its holdings in Rockwell Collins by 10.7% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 319,246 shares of the aerospace company’s stock valued at $41,729,000 after acquiring an additional 30,909 shares in the last quarter. AXA raised its holdings in Rockwell Collins by 5.4% in the 3rd quarter. AXA now owns 174,350 shares of the aerospace company’s stock valued at $22,789,000 after acquiring an additional 8,905 shares in the last quarter. Institutional & Family Asset Management LLC acquired a new position in Rockwell Collins in the 3rd quarter valued at $236,000. Finally, Steward Partners Investment Advisory LLC acquired a new position in Rockwell Collins in the 3rd quarter valued at $306,000. Institutional investors own 72.21% of the company’s stock.
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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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