Traders Sell Shares of Rockwell Collins (COL) on Strength (COL)

Traders sold shares of Rockwell Collins, Inc. (NYSE:COL) on strength during trading hours on Friday. $20.34 million flowed into the stock on the tick-up and $50.47 million flowed out of the stock on the tick-down, for a money net flow of $30.13 million out of the stock. Of all stocks tracked, Rockwell Collins had the 24th highest net out-flow for the day. Rockwell Collins traded up $0.29 for the day and closed at $138.10

A number of research firms recently weighed in on COL. Zacks Investment Research cut Rockwell Collins from a “hold” rating to a “sell” rating in a research note on Wednesday, May 16th. ValuEngine upgraded Rockwell Collins from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Canaccord Genuity dropped their price target on Rockwell Collins from $140.00 to $137.00 and set a “hold” rating on the stock in a research note on Tuesday, January 30th. Finally, Royal Bank of Canada restated a “hold” rating and issued a $143.00 price target on shares of Rockwell Collins in a research note on Friday, April 6th. Two investment analysts have rated the stock with a sell rating, seventeen have given a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $134.13.

The company has a quick ratio of 0.79, a current ratio of 1.61 and a debt-to-equity ratio of 0.97. The firm has a market cap of $22.64 billion, a P/E ratio of 22.46, a price-to-earnings-growth ratio of 1.80 and a beta of 0.71.

Rockwell Collins (NYSE:COL) last released its earnings results on Friday, April 27th. The aerospace company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.06. The company had revenue of $2.18 billion for the quarter, compared to analyst estimates of $2.16 billion. Rockwell Collins had a return on equity of 18.20% and a net margin of 10.72%. Rockwell Collins’s quarterly revenue was up 62.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.34 EPS. equities research analysts predict that Rockwell Collins, Inc. will post 7.21 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, June 4th. Stockholders of record on Tuesday, May 15th will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a dividend yield of 0.96%. The ex-dividend date of this dividend is Monday, May 14th. Rockwell Collins’s dividend payout ratio (DPR) is currently 21.46%.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Amalgamated Bank grew its holdings in shares of Rockwell Collins by 10.9% during the 1st quarter. Amalgamated Bank now owns 23,774 shares of the aerospace company’s stock worth $3,206,000 after purchasing an additional 2,344 shares in the last quarter. CIBC World Markets Inc. acquired a new stake in shares of Rockwell Collins during the 1st quarter worth $605,000. Xact Kapitalforvaltning AB grew its holdings in shares of Rockwell Collins by 12.3% during the 1st quarter. Xact Kapitalforvaltning AB now owns 17,260 shares of the aerospace company’s stock worth $2,328,000 after purchasing an additional 1,896 shares in the last quarter. Arbor Wealth Management LLC acquired a new stake in shares of Rockwell Collins during the 1st quarter worth $4,380,000. Finally, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp grew its holdings in shares of Rockwell Collins by 37.7% during the 1st quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 182,800 shares of the aerospace company’s stock worth $24,651,000 after purchasing an additional 50,000 shares in the last quarter. 66.77% of the stock is currently owned by institutional investors.

Rockwell Collins Company Profile

Rockwell Collins, Inc designs, produces, and supports communications and aviation systems worldwide. The company's Interior Systems segment offers commercial aircraft seats; galley structures, food and beverage preparation equipment, and water and waste systems; oxygen and passenger service equipment; cabin lighting systems; and business jet and general aviation interior products.

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