Rockwell Collins VP Gary Chadick Unloads 21,182 Shares (COL)
Rockwell Collins (NYSE:COL) VP Gary Chadick sold 21,182 shares of the stock on the open market in a transaction dated Tuesday, September 24th. The shares were sold at an average price of $69.52, for a total value of $1,472,572.64. Following the sale, the vice president now directly owns 25,892 shares in the company, valued at approximately $1,800,012. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on COL. Analysts at RBC Capital cut their price target on shares of Rockwell Collins (NYSE:COL) from $84.00 to $79.00 in a research note to investors on Monday. They now have an “outperform” rating on the stock. Separately, analysts at Buckingham Research downgraded shares of Rockwell Collins (NYSE:COL) from a “buy” rating to a “neutral” rating in a research note to investors on Monday. Finally, analysts at Credit Suisse downgraded shares of Rockwell Collins (NYSE:COL) from an “outperform” rating to a “neutral” rating in a research note to investors on Monday. They now have a $68.00 price target on the stock, down previously from $78.00.
Twelve research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $73.20.
Rockwell Collins (NYSE:COL) traded down 0.61% during mid-day trading on Wednesday, hitting $68.99. The stock had a trading volume of 2,303,771 shares. Rockwell Collins has a 52-week low of $52.24 and a 52-week high of $75.25. The stock’s 50-day moving average is $72.15 and its 200-day moving average is $66.77. The company has a market cap of $9.314 billion and a P/E ratio of 15.92.
Rockwell Collins (NYSE:COL) last issued its quarterly earnings data on Friday, July 19th. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.04. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.18 billion. During the same quarter in the previous year, the company posted $1.14 earnings per share. The company’s revenue for the quarter was down 3.3% on a year-over-year basis. On average, analysts predict that Rockwell Collins will post $4.60 earnings per share for the current fiscal year.
Rockwell Collins, Inc (NYSE:COL) is engaged in design, production and support of communications and aviation electronics for commercial and military customers worldwide.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.