Rockwell Collins, Inc. (NYSE:COL) Director Harlan Donnley Meade bought 1,666,667 shares of the business’s stock in a transaction dated Friday, September 15th. The stock was purchased at an average price of $0.06 per share, for a total transaction of $100,000.02.

Harlan Donnley Meade also recently made the following trade(s):

  • On Wednesday, July 26th, Harlan Donnley Meade bought 5,000 shares of Rockwell Collins stock. The stock was purchased at an average price of $0.08 per share, for a total transaction of $400.00.
  • On Friday, June 30th, Harlan Donnley Meade bought 4,000 shares of Rockwell Collins stock. The stock was purchased at an average price of $0.08 per share, for a total transaction of $320.00.
  • On Monday, June 19th, Harlan Donnley Meade bought 3,000 shares of Rockwell Collins stock. The stock was purchased at an average price of $0.08 per share, for a total transaction of $240.00.

Shares of Rockwell Collins, Inc. (COL) traded down 0.20% during trading on Friday, reaching $131.09. The company’s stock had a trading volume of 2,931,876 shares. The company has a 50-day moving average price of $124.96 and a 200-day moving average price of $108.47. Rockwell Collins, Inc. has a one year low of $78.54 and a one year high of $135.31. The stock has a market cap of $21.30 billion, a price-to-earnings ratio of 26.02 and a beta of 0.75.

Rockwell Collins (NYSE:COL) last posted its quarterly earnings results on Friday, July 28th. The aerospace company reported $1.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.58 by $0.06. Rockwell Collins had a return on equity of 26.20% and a net margin of 11.52%. The business had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the prior year, the company earned $1.63 EPS. The business’s revenue was up 57.0% compared to the same quarter last year. On average, equities research analysts forecast that Rockwell Collins, Inc. will post $6.09 earnings per share for the current fiscal year.

Rockwell Collins declared that its board has initiated a share repurchase program on Friday, July 7th that permits the company to buyback $200.00 million in outstanding shares. This buyback authorization permits the aerospace company to reacquire up to 1.2% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s management believes its shares are undervalued.

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 5th. Stockholders of record on Monday, August 14th were given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.01%. The ex-dividend date was Thursday, August 10th. Rockwell Collins’s payout ratio is 26.04%.

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Several institutional investors and hedge funds have recently bought and sold shares of the company. CWM LLC grew its position in shares of Rockwell Collins by 0.4% during the 2nd quarter. CWM LLC now owns 1,216 shares of the aerospace company’s stock worth $128,000 after buying an additional 5 shares in the last quarter. Janney Capital Management LLC grew its position in shares of Rockwell Collins by 0.3% during the 2nd quarter. Janney Capital Management LLC now owns 4,665 shares of the aerospace company’s stock worth $490,000 after buying an additional 15 shares in the last quarter. United Capital Financial Advisers LLC grew its position in shares of Rockwell Collins by 0.3% during the 1st quarter. United Capital Financial Advisers LLC now owns 5,783 shares of the aerospace company’s stock worth $562,000 after buying an additional 17 shares in the last quarter. Cleararc Capital Inc. grew its position in shares of Rockwell Collins by 0.9% during the 1st quarter. Cleararc Capital Inc. now owns 3,199 shares of the aerospace company’s stock worth $311,000 after buying an additional 28 shares in the last quarter. Finally, Whittier Trust Co. grew its position in shares of Rockwell Collins by 3.2% during the 2nd quarter. Whittier Trust Co. now owns 1,141 shares of the aerospace company’s stock worth $120,000 after buying an additional 35 shares in the last quarter. 77.86% of the stock is currently owned by institutional investors and hedge funds.

Several research analysts have recently issued reports on COL shares. BidaskClub upgraded shares of Rockwell Collins from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. Zacks Investment Research upgraded shares of Rockwell Collins from a “hold” rating to a “buy” rating and set a $121.00 target price on the stock in a report on Wednesday, July 12th. ValuEngine upgraded shares of Rockwell Collins from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. Credit Suisse Group restated a “buy” rating and issued a $120.00 target price on shares of Rockwell Collins in a report on Wednesday, July 19th. Finally, Canaccord Genuity upgraded shares of Rockwell Collins from a “hold” rating to a “buy” rating and raised their target price for the stock from $108.00 to $125.00 in a report on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Rockwell Collins currently has an average rating of “Hold” and a consensus price target of $122.34.

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.

Insider Buying and Selling by Quarter for Rockwell Collins (NYSE:COL)

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