Insider Selling: Rockwell Collins, Inc. (NYSE:COL) CFO Sells 25,410 Shares of Stock

Rockwell Collins, Inc. (NYSE:COL) CFO Patrick E. Allen sold 25,410 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $135.02, for a total transaction of $3,430,858.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Patrick E. Allen also recently made the following trade(s):

  • On Monday, November 6th, Patrick E. Allen sold 35,000 shares of Rockwell Collins stock. The stock was sold at an average price of $135.34, for a total transaction of $4,736,900.00.

Shares of Rockwell Collins, Inc. (NYSE:COL) traded up $0.04 during trading hours on Friday, hitting $137.83. 1,255,374 shares of the company’s stock were exchanged, compared to its average volume of 1,160,000. Rockwell Collins, Inc. has a 52 week low of $88.80 and a 52 week high of $138.14. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.75 and a current ratio of 1.55. The stock has a market cap of $22,580.00, a P/E ratio of 28.83, a PEG ratio of 1.82 and a beta of 0.72.

Rockwell Collins (NYSE:COL) last announced its quarterly earnings data on Friday, October 27th. The aerospace company reported $1.80 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.80. Rockwell Collins had a net margin of 10.33% and a return on equity of 22.00%. The company had revenue of $2.19 billion for the quarter, compared to the consensus estimate of $2.23 billion. During the same period in the prior year, the firm posted $1.58 EPS. The company’s quarterly revenue was up 51.8% compared to the same quarter last year. research analysts expect that Rockwell Collins, Inc. will post 7.15 earnings per share for the current fiscal year.

Several large investors have recently made changes to their positions in COL. Russell Investments Group Ltd. increased its position in shares of Rockwell Collins by 7.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 44,354 shares of the aerospace company’s stock valued at $4,661,000 after purchasing an additional 3,028 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in shares of Rockwell Collins by 28.3% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 5,300 shares of the aerospace company’s stock valued at $557,000 after buying an additional 1,170 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of Rockwell Collins by 54.1% in the 2nd quarter. Sei Investments Co. now owns 22,889 shares of the aerospace company’s stock valued at $2,406,000 after buying an additional 8,039 shares in the last quarter. Global X Management Co. LLC boosted its holdings in shares of Rockwell Collins by 26.2% in the 2nd quarter. Global X Management Co. LLC now owns 1,480 shares of the aerospace company’s stock valued at $156,000 after buying an additional 307 shares in the last quarter. Finally, Trexquant Investment LP acquired a new position in shares of Rockwell Collins in the 2nd quarter valued at $252,000. 72.18% of the stock is currently owned by institutional investors.

Several equities analysts have recently commented on COL shares. Zacks Investment Research upgraded shares of Rockwell Collins from a “hold” rating to a “buy” rating and set a $153.00 price objective on the stock in a report on Thursday, January 4th. SunTrust Banks restated a “hold” rating on shares of Rockwell Collins in a report on Monday, October 2nd. Royal Bank of Canada reaffirmed a “hold” rating and set a $140.00 target price on shares of Rockwell Collins in a research note on Tuesday, October 10th. Canaccord Genuity reaffirmed a “hold” rating and set a $140.00 target price on shares of Rockwell Collins in a research note on Friday, October 6th. Finally, Jefferies Group reaffirmed a “hold” rating and set a $115.00 target price on shares of Rockwell Collins in a research note on Tuesday, October 3rd. One research analyst has rated the stock with a sell rating, seventeen have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Rockwell Collins currently has an average rating of “Hold” and an average price target of $129.01.

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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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