Published: Mon, August 07, 2017
Markets | By Noel Gibbs

Rockwell Collins, Inc. (NYSE:COL) Stock Rating Reaffirmed by Credit Suisse Group

Rockwell Collins, Inc. (NYSE:COL) Stock Rating Reaffirmed by Credit Suisse Group

Company shares last traded at $119.00 which is just over the 50 day moving average of $107.44 and which is marginally higher than the 200 day moving average of $100.84. Rockwell Collins had a net margin of 11.52% and a return on equity of 26.20%.

Bloomberg News reported earlier on Friday that United Technologies was "weighing" a potential acquisition of Rockwell Collins, but said it was unclear whether the two companies were now in talks. Toronto Dominion Bank now owns 36,902 shares of the aerospace company's stock worth $3,585,000 after buying an additional 12,858 shares in the last quarter.

Rockwell Collins (NYSE:COL) last announced its quarterly earnings data on Friday, July 28th.

Two month ban for Sara Errani
The 2012 French Open finalist said her mother kept the drug on the kitchen counter to remind herself to take a pill every day. Cape Town - A report has revealed that Italian star Sara Errani failed a drug test dating back to the beginning of 2017.


United Technologies Corp., the maker of Otis Elevators and Carrier air conditioners, has submitted an offer to acquire aircraft component manufacturer Rockwell Collins Inc., Reuters reported, citing an unnamed source familiar with the matter. This dividend represents a yield of $1.11. Next quarter's EPS is estimated at $1.57 with next year's EPS anticipated to be $7.08. Canaccord Genuity upgraded shares of Rockwell Collins from a hold rating to a buy rating and upped their target price for the company from $108.00 to $125.00 in a research report on Tuesday, August 1st. Highbridge Capital Management LLC boosted its stake in Rockwell Collins by 160.4% in the fourth quarter. Analysts believe that we could see stock price minimum in the $96 range (lowest target price), allowing for another -19.33% drop from its current position. BidaskClub downgraded shares of Rockwell Collins from a hold rating to a sell rating in a research report on Tuesday, August 1st. United Capital Financial Advisers LLC increased its stake in shares of Rockwell Collins by 0.3% in the first quarter. Chevy Chase Trust Holdings Inc. boosted its position in Rockwell Collins by 3.6% in the first quarter. Rockwell Collins and United Technologies declined to comment.

Institutional investors and hedge funds own 66.74% of the company's stock.

At the group's second quarter earnings last month, United Technologies chief executive, Greg Hayes said the company has put aside money for mergers and acquisitions. The ex-dividend date will be Thursday the 11th of May 2017. Rockwell Collins has a market capitalization of $19.3 billion. Rockwell Collins's quarterly revenue was up 2.4% on a year-over-year basis. Bank of America Corporation decreased their price target on shares of Rockwell Collins from $115.00 to $95.00 and set a "neutral" rating for the company in a research note on Friday, June 9th. The firm has a 50-day moving average price of $106.45 and a 200 day moving average price of $99.57. Teachers Advisors LLC now owns 356,876 shares of the aerospace company's stock worth $33,104,000 after buying an additional 56,233 shares during the last quarter. Rockwell Collins's dividend payout ratio (DPR) is presently 26.04%. Finally, Cleararc Capital Inc. increased its stake in shares of Rockwell Collins by 0.9% in the first quarter.

Gujarat Congress MLAs back home ahead of Rajya Sabha polls
Shailesh Parmar, chief whip of the Congress in Gujarat Assembly, told that Ahmed Patel will meet all the MLAs in the evening. Union Minister Prakash Javadekar has said it will be good for the BJP to have party President Amit Shah in the Rajya Sabha.


Digging a bit further, company shares have been noted -35.97% off the 52 week high and -1.53% away from the 52 week low.

Covering sell-side analysts have recently weighed in on shares of Rockwell Collins, Inc. If you are accessing this story on another website, it was stolen and republished in violation of United States & worldwide copyright & trademark legislation. The original version of this news story can be viewed at https://transcriptdaily.com/2017/08/07/rockwell-collins-inc-nysecol-given-buy-rating-at-credit-suisse-group-updated-updated.html. The shares were sold at an average price of $108.44, for a total value of $683,172.00. NIEUWSMA DAVID J also sold $656,250 worth of Rockwell Collins, Inc. Following the transaction, the vice president now owns 10,519 shares of the company's stock, valued at $1,140,680.36. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The shares were sold at an average price of $104.00, for a total transaction of $265,200.00. The disclosure for this sale can be found here.

Aviation-parts supplier Rockwell Collins Inc.

Charities to benefit from Tesco's withdrawal of single use carrier bags
Online customers will still be able to have their groceries delivered in single-use carrier bags at the current charge of 5p per bag.


Rockwell expanded its avionics business with a deal to provide aircraft data networking services, known as FOMAX, for all new Airbus A320 aircraft starting in 2018. The Firm operates through three divisions: Commercial Systems, Government Systems and Information Management Services.

Like this: