Rockwell Collins, Inc. (COL) Given a $140.00 Price Target at Royal Bank Of Canada
Other analysts have also recently issued research reports about the company. Canaccord Genuity cut Rockwell Collins from a buy rating to a hold rating in a research report on Wednesday, September 6th. Wolfe Research cut Rockwell Collins from an outperform rating to a peer perform rating in a research report on Wednesday, September 6th. BidaskClub upgraded Rockwell Collins from a sell rating to a hold rating in a research report on Tuesday, August 8th. SunTrust Banks, Inc. restated a hold rating on shares of Rockwell Collins in a research report on Monday, October 2nd. Finally, Zacks Investment Research upgraded Rockwell Collins from a hold rating to a buy rating and set a $151.00 price target for the company in a research report on Monday, October 23rd. 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 stock. Rockwell Collins has an average rating of Hold and an average price target of GBX 128.85 ($1.69).
Shares of Rockwell Collins (NYSE:COL) traded up GBX 0.09 ($0.00) on Friday, reaching GBX 133.58 ($1.76). The company’s stock had a trading volume of 715,000 shares, compared to its average volume of 1,831,702. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.75 and a current ratio of 1.55. The stock has a market capitalization of $21,746.65, a PE ratio of 22.34, a price-to-earnings-growth ratio of 1.60 and a beta of 0.73. Rockwell Collins has a fifty-two week low of GBX 85.11 ($1.12) and a fifty-two week high of GBX 136.50 ($1.80).
Rockwell Collins (NYSE:COL) last issued its quarterly earnings results on Friday, October 27th. The company reported GBX 1.80 ($0.02) EPS for the quarter, hitting analysts’ consensus estimates of GBX 1.80 ($0.02). The business had revenue of GBX 219.30 billion during the quarter, compared to analysts’ expectations of GBX 222.97 billion. Rockwell Collins had a return on equity of 22.00% and a net margin of 10.33%. The business’s quarterly revenue was up 51.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.58 earnings per share. equities research analysts forecast that Rockwell Collins will post 7.18 EPS for the current year.
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The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Shareholders of record on Monday, November 13th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, November 10th. This represents a $1.32 dividend on an annualized basis and a yield of 0.99%. Rockwell Collins’s dividend payout ratio (DPR) is presently 27.62%.
In other news, CFO Patrick E. Allen sold 35,000 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of GBX 135.34 ($1.78), for a total value of £47,369 ($62,303.04). The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP David J. Nieuwsma sold 2,167 shares of the stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of GBX 133.91 ($1.76), for a total value of £2,901.83 ($3,816.69). The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 529,847 shares of company stock worth $71,710,729. Company insiders own 1.50% of the company’s stock.
Hedge funds and other institutional investors have recently modified their holdings of the company. NEXT Financial Group Inc raised its holdings in shares of Rockwell Collins by 35.7% in the second quarter. NEXT Financial Group Inc now owns 950 shares of the company’s stock worth $100,000 after buying an additional 250 shares during the period. FNY Partners Fund LP purchased a new stake in shares of Rockwell Collins in the third quarter worth approximately $104,000. Jacobi Capital Management LLC raised its holdings in shares of Rockwell Collins by 30.0% in the second quarter. Jacobi Capital Management LLC now owns 1,001 shares of the company’s stock worth $108,000 after buying an additional 231 shares during the period. Highlander Capital Management LLC raised its holdings in shares of Rockwell Collins by 106.0% in the second quarter. Highlander Capital Management LLC now owns 1,024 shares of the company’s stock worth $108,000 after buying an additional 527 shares during the period. Finally, Whittier Trust Co. raised its holdings in shares of Rockwell Collins by 3.2% in the second quarter. Whittier Trust Co. now owns 1,141 shares of the company’s stock worth $120,000 after buying an additional 35 shares during the period. Hedge funds and other institutional investors own 78.06% of the company’s stock.
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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