Rockwell Collins, Inc. (NYSE:COL)‘s stock had its “hold” rating restated by equities research analysts at Canaccord Genuity in a report issued on Thursday. They currently have a $90.00 target price on the aerospace company’s stock. Canaccord Genuity’s price objective points to a potential downside of 8.20% from the company’s previous close.

A number of other research analysts have also recently issued reports on the stock. Robert W. Baird raised shares of Rockwell Collins from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $90.00 to $118.00 in a research note on Wednesday. Jefferies Group LLC reissued a “hold” rating and issued a $93.00 price objective on shares of Rockwell Collins in a research note on Tuesday. Cowen and Company reissued an “outperform” rating and issued a $112.00 price objective on shares of Rockwell Collins in a research note on Monday. Barclays PLC reissued an “outperform” rating and issued a $59.00 price objective (down from $96.00) on shares of Rockwell Collins in a research note on Friday, April 14th. Finally, Credit Suisse Group AG reissued a “buy” rating and issued a $120.00 price objective on shares of Rockwell Collins in a research note on Friday, March 31st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company. Rockwell Collins currently has a consensus rating of “Hold” and an average price target of $99.50.

Analyst Recommendations for Rockwell Collins (NYSE:COL)

Rockwell Collins (NYSE:COL) opened at 98.04 on Thursday. The company’s 50-day moving average price is $97.93 and its 200 day moving average price is $91.68. The company has a market capitalization of $12.83 billion, a price-to-earnings ratio of 17.52 and a beta of 0.79. Rockwell Collins has a 52 week low of $78.54 and a 52 week high of $100.24.

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Rockwell Collins (NYSE:COL) last announced its quarterly earnings data on Friday, January 20th. The aerospace company reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $0.05. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Rockwell Collins had a net margin of 13.97% and a return on equity of 35.84%. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the firm posted $1.00 earnings per share. On average, analysts predict that Rockwell Collins will post $5.40 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, June 5th. Shareholders of record on Monday, May 15th will be paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.35%. Rockwell Collins’s payout ratio is presently 23.57%.

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In other news, VP Bruce Michael King sold 2,735 shares of Rockwell Collins stock in a transaction on Thursday, April 6th. The shares were sold at an average price of $100.00, for a total transaction of $273,500.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Robert Kelly Ortberg sold 18,850 shares of Rockwell Collins stock in a transaction on Monday, March 20th. The stock was sold at an average price of $98.84, for a total transaction of $1,863,134.00. The disclosure for this sale can be found here. In the last ninety days, insiders have acquired 18,000 shares of company stock worth $1,700 and have sold 61,536 shares worth $6,069,253. Insiders own 1.50% of the company’s stock.

Institutional investors have recently modified their holdings of the company. MUFG Americas raised its position in shares of Rockwell Collins by 21.1% in the third quarter. MUFG Americas now owns 17,206 shares of the aerospace company’s stock worth $1,409,000 after buying an additional 2,996 shares during the period. Renaissance Investment Group acquired a new position in shares of Rockwell Collins during the fourth quarter worth approximately $3,162,000. Janus Capital Management raised its position in shares of Rockwell Collins by 95.2% in the third quarter. Janus Capital Management now owns 888,819 shares of the aerospace company’s stock worth $72,741,000 after buying an additional 433,537 shares during the period. Beacon Capital Management acquired a new position in shares of Rockwell Collins during the fourth quarter worth approximately $0. Finally, Natixis Asset Management raised its position in shares of Rockwell Collins by 6.0% in the third quarter. Natixis Asset Management now owns 20,590 shares of the aerospace company’s stock worth $1,660,000 after buying an additional 1,170 shares during the period. Institutional investors own 78.40% of the company’s stock.

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.

5 Day Chart for NYSE:COL

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