Rockwell Collins Inc. (NYSE:COL) – Stock analysts at Jefferies Group reduced their Q4 2016 EPS estimates for Rockwell Collins in a research report issued on Monday. Jefferies Group analyst H. Rubel now forecasts that the brokerage will post earnings per share of $1.59 for the quarter, down from their previous forecast of $1.61. Jefferies Group currently has a “Hold” rating and a $92.00 target price on the stock. Jefferies Group also issued estimates for Rockwell Collins’ Q1 2017 earnings at $1.22 EPS, Q2 2017 earnings at $1.36 EPS, Q3 2017 earnings at $1.43 EPS, Q4 2017 earnings at $1.65 EPS and FY2017 earnings at $5.65 EPS.
Other equities analysts have also recently issued research reports about the company. Citigroup Inc. reiterated a “hold” rating on shares of Rockwell Collins in a report on Saturday, April 2nd. Zacks Investment Research upgraded Rockwell Collins from a “sell” rating to a “hold” rating in a report on Tuesday. Canaccord Genuity cut Rockwell Collins from a “buy” rating to a “hold” rating and dropped their price objective for the company from $100.00 to $94.00 in a report on Tuesday. Goldman Sachs Group Inc. restated a “sell” rating and set a $71.00 price objective (down previously from $74.00) on shares of Rockwell Collins in a report on Friday, April 22nd. Finally, Morgan Stanley began coverage on Rockwell Collins in a report on Thursday, June 23rd. They set an “equal weight” rating for the company. One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the company. Rockwell Collins presently has a consensus rating of “Hold” and an average price target of $92.77.
Rockwell Collins (NYSE:COL) traded up 0.12% during midday trading on Wednesday, hitting $84.29. The stock had a trading volume of 1,244,141 shares. The stock has a market cap of $10.97 billion and a PE ratio of 16.79. The company’s 50 day moving average price is $85.57 and its 200-day moving average price is $87.53. Rockwell Collins has a 52-week low of $76.03 and a 52-week high of $95.11.
In related news, COO Philip J. Jasper sold 2,184 shares of the business’s stock in a transaction on Monday, July 11th. The stock was sold at an average price of $85.00, for a total transaction of $185,640.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Robert Kelly Ortberg sold 25,474 shares of the business’s stock in a transaction on Monday, July 11th. The stock was sold at an average price of $84.97, for a total value of $2,164,525.78. The disclosure for this sale can be found here.
A hedge fund recently raised its stake in Rockwell Collins stock. Nationwide Fund Advisors boosted its stake in shares of Rockwell Collins Inc. (NYSE:COL) by 1.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 42,115 shares of the company’s stock after buying an additional 558 shares during the period. Nationwide Fund Advisors’ holdings in Rockwell Collins were worth $3,887,000 as of its most recent filing with the SEC.
Rockwell Collins, Inc is engaged in design, production and support of communications and aviation electronics for commercial and military customers around the world. The Company’s products and systems are focused on aviation applications. It operates in two segments: Government Systems and Commercial Systems.
