ValuEngine downgraded shares of Rockwell Collins, Inc. (NYSE:COL) from a buy rating to a hold rating in a research report released on Monday.

Several other research analysts also recently weighed in on the stock. Zacks Investment Research downgraded shares of Rockwell Collins from a hold rating to a sell rating in a research note on Monday. SunTrust Banks, Inc. reissued a hold rating on shares of Rockwell Collins in a research note on Monday. Robert W. Baird downgraded shares of Rockwell Collins from an outperform rating to a neutral rating and set a $140.00 target price for the company. in a research note on Wednesday, September 13th. Sanford C. Bernstein downgraded shares of Rockwell Collins from an outperform rating to a market perform rating and set a $137.00 target price for the company. in a research note on Monday, September 11th. Finally, Wolfe Research downgraded shares of Rockwell Collins from an outperform rating to a peer perform rating in a research note on Wednesday, September 6th. Two equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Rockwell Collins currently has an average rating of Hold and a consensus target price of $123.46.

Rockwell Collins (NYSE:COL) traded down 0.12% during midday trading on Monday, reaching $133.00. 251,375 shares of the company traded hands. The company’s 50-day moving average price is $129.54 and its 200 day moving average price is $111.90. Rockwell Collins has a 12 month low of $78.54 and a 12 month high of $135.31. The firm has a market capitalization of $21.61 billion, a PE ratio of 26.39 and a beta of 0.73.

Rockwell Collins (NYSE:COL) last announced its earnings results on Friday, July 28th. The aerospace company reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.06. Rockwell Collins had a net margin of 11.52% and a return on equity of 26.20%. The firm had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the previous year, the company posted $1.63 EPS. The firm’s revenue for the quarter was up 57.0% on a year-over-year basis. On average, equities analysts anticipate that Rockwell Collins will post $6.09 earnings per share for the current year.

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The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 5th. Stockholders of record on Monday, August 14th were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 0.99%. The ex-dividend date was Thursday, August 10th. Rockwell Collins’s dividend payout ratio (DPR) is currently 26.04%.

Rockwell Collins declared that its board has approved a stock buyback plan on Friday, July 7th that allows the company to buyback $200.00 million in shares. This buyback authorization allows the aerospace company to repurchase up to 1.2% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

In other Rockwell Collins news, Director Harlan Donnley Meade bought 1,666,667 shares of Rockwell Collins stock in a transaction dated Friday, September 15th. The stock was bought at an average cost of $0.06 per share, for a total transaction of $100,000.02. Corporate insiders own 1.50% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the company. NEXT Financial Group Inc boosted its stake in shares of Rockwell Collins by 35.7% during the 2nd quarter. NEXT Financial Group Inc now owns 950 shares of the aerospace company’s stock valued at $100,000 after buying an additional 250 shares during the last quarter. Jacobi Capital Management LLC raised its position in shares of Rockwell Collins by 30.0% during the 2nd quarter. Jacobi Capital Management LLC now owns 1,001 shares of the aerospace company’s stock valued at $108,000 after acquiring an additional 231 shares in the last quarter. Highlander Capital Management LLC raised its position in shares of Rockwell Collins by 106.0% during the 2nd quarter. Highlander Capital Management LLC now owns 1,024 shares of the aerospace company’s stock valued at $108,000 after acquiring an additional 527 shares in the last quarter. Whittier Trust Co. raised 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 valued at $120,000 after acquiring an additional 35 shares in the last quarter. Finally, Global X Management Co. LLC raised its position in shares of Rockwell Collins by 31.1% during the 1st quarter. Global X Management Co. LLC now owns 1,173 shares of the aerospace company’s stock valued at $114,000 after acquiring an additional 278 shares in the last quarter. Institutional investors own 72.31% 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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Rockwell Collins (NYSE:COL)

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