Rockwell Collins, Inc. (COL) Receives Average Recommendation of “Hold” from Analysts

Rockwell Collins, Inc. (NYSE:COL) has been given a consensus recommendation of “Hold” by the seven ratings firms that are presently covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price target among analysts that have covered the stock in the last year is $141.25.

COL has been the topic of a number of recent research reports. Zacks Investment Research lowered shares of Rockwell Collins from a “hold” rating to a “sell” rating in a research report on Tuesday, September 11th. Seaport Global Securities reaffirmed a “neutral” rating on shares of Rockwell Collins in a research report on Monday, September 17th.

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Rockwell Collins by 0.4% during the third quarter. Vanguard Group Inc. now owns 16,664,339 shares of the aerospace company’s stock worth $2,340,840,000 after acquiring an additional 74,231 shares during the period. BlackRock Inc. increased its position in Rockwell Collins by 1.4% during the third quarter. BlackRock Inc. now owns 13,389,177 shares of the aerospace company’s stock worth $1,880,780,000 after acquiring an additional 181,623 shares during the period. Alpine Associates Management Inc. increased its position in Rockwell Collins by 3.7% during the third quarter. Alpine Associates Management Inc. now owns 2,137,300 shares of the aerospace company’s stock worth $300,228,000 after acquiring an additional 76,700 shares during the period. Northern Trust Corp increased its position in Rockwell Collins by 2.7% during the second quarter. Northern Trust Corp now owns 1,951,906 shares of the aerospace company’s stock worth $262,882,000 after acquiring an additional 51,627 shares during the period. Finally, Natixis increased its holdings in Rockwell Collins by 419.9% in the 2nd quarter. Natixis now owns 1,178,779 shares of the aerospace company’s stock valued at $158,758,000 after buying an additional 952,064 shares during the period. 68.70% of the stock is currently owned by institutional investors and hedge funds.

NYSE:COL opened at $141.04 on Monday. Rockwell Collins has a 52 week low of $125.04 and a 52 week high of $142.98. The stock has a market cap of $23.18 billion, a P/E ratio of 22.93, a price-to-earnings-growth ratio of 1.73 and a beta of 0.74. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.84 and a current ratio of 1.65.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 10th. Investors of record on Friday, November 16th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date is Thursday, November 15th. Rockwell Collins’s dividend payout ratio is 21.46%.

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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Analyst Recommendations for Rockwell Collins (NYSE:COL)

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