Shares of Rockwell Collins Inc. (NYSE:COL) gapped down before the market opened on Monday . The stock had previously closed at $83.75, but opened at $84.13. Rockwell Collins shares last traded at $85.07, with a volume of 754,500 shares traded.

COL has been the subject of a number of research reports. Morgan Stanley initiated coverage on shares of Rockwell Collins in a research note on Thursday, June 23rd. They set an “equal weight” rating for the company. Zacks Investment Research raised shares of Rockwell Collins from a “hold” rating to a “buy” rating and set a $94.00 target price for the company in a research note on Monday, June 27th. Jefferies Group reissued a “hold” rating on shares of Rockwell Collins in a research note on Tuesday, July 5th. Canaccord Genuity cut shares of Rockwell Collins from a “buy” rating to a “hold” rating and cut their target price for the stock from $100.00 to $94.00 in a research note on Tuesday, July 26th. Finally, Argus cut shares of Rockwell Collins from a “buy” rating to a “hold” rating in a research note on Friday, August 26th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. Rockwell Collins currently has an average rating of “Hold” and a consensus target price of $92.17.

The company has a 50-day moving average of $84.84 and a 200 day moving average of $87.78. The company has a market cap of $11.05 billion and a PE ratio of 16.03.

Rockwell Collins (NYSE:COL) last announced its quarterly earnings data on Monday, July 25th. The company reported $1.63 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.59 by $0.04. The company earned $1.33 billion during the quarter, compared to analyst estimates of $1.35 billion. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the business earned $1.33 EPS. Equities research analysts anticipate that Rockwell Collins Inc. will post $5.50 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 6th. Investors of record on Monday, August 15th will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 1.55%. The ex-dividend date is Thursday, August 11th.

In related news, COO Philip J. Jasper sold 2,184 shares of the firm’s stock in a transaction dated Monday, July 11th. The shares were sold at an average price of $85.00, for a total value of $185,640.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Robert Kelly Ortberg sold 25,474 shares of the firm’s stock in a transaction dated Monday, July 11th. The shares were sold at an average price of $84.97, for a total transaction of $2,164,525.78. The disclosure for this sale can be found here.

Rockwell Collins, Inc is engaged in design, production and support of communications and aviation electronics for commercial and military customers around the world. The Company’s products and systems are focused on aviation applications. It operates in two segments: Government Systems and Commercial Systems.

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