Rockwell Collins, Inc. Can’t Be More Risky. Option Traders Sell It

 Rockwell Collins, Inc. Can't Be More Risky. Option Traders Sell It

In today’s session Rockwell Collins, Inc. (COL) recorded an unusually high (1,397) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious COL decrease. With 1,397 contracts traded and 13054 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: COL170120P00080000 closed last at: $0.95 or 24% down. About 150,439 shares traded hands. Rockwell Collins, Inc. (NYSE:COL) has risen 0.99% since April 22, 2016 and is uptrending. It has underperformed by 4.42% the S&P500.

Analysts await Rockwell Collins, Inc. (NYSE:COL) to report earnings on January, 27. They expect $1.17 earnings per share, down 3.31% or $0.04 from last year’s $1.21 per share. COL’s profit will be $155.95M for 19.56 P/E if the $1.17 EPS becomes a reality. After $1.58 actual earnings per share reported by Rockwell Collins, Inc. for the previous quarter, Wall Street now forecasts -25.95% negative EPS growth.

Rockwell Collins, Inc. (NYSE:COL) Ratings Coverage

Out of 10 analysts covering Rockwell Collins (NYSE:COL), 5 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 50% are positive. $108 is the highest target while $88 is the lowest. The $95.36 average target is 4.18% above today’s ($91.53) stock price. Rockwell Collins has been the topic of 21 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The rating was downgraded by Canaccord Genuity on Tuesday, July 26 to “Hold”. On Tuesday, October 25 the stock rating was maintained by Canaccord Genuity with “Hold”. Jefferies maintained Rockwell Collins, Inc. (NYSE:COL) on Wednesday, December 30 with “Hold” rating. The rating was maintained by Buckingham Research with “Buy” on Wednesday, October 5. The stock of Rockwell Collins, Inc. (NYSE:COL) has “Hold” rating given on Tuesday, August 25 by Zacks. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, September 21 report. As per Monday, September 21, the company rating was maintained by Canaccord Genuity. RBC Capital Markets maintained the shares of COL in a report on Monday, January 25 with “Outperform” rating. Robert W. Baird initiated Rockwell Collins, Inc. (NYSE:COL) on Thursday, October 6 with “Neutral” rating. Citigroup maintained it with “Neutral” rating and $93 target price in Friday, April 1 report.

According to Zacks Investment Research, “Rockwell Collins, Inc. is a world leader in providing aviation electronics and airborne and mobile communications products and systems for commercial and military applications.”

Insitutional Activity: The institutional sentiment increased to 1.17 in Q2 2016. Its up 0.14, from 1.03 in 2016Q1. The ratio improved, as 31 funds sold all Rockwell Collins, Inc. shares owned while 153 reduced positions. 42 funds bought stakes while 148 increased positions. They now own 93.25 million shares or 4.56% less from 97.71 million shares in 2016Q1.
Jpmorgan Chase And owns 52,072 shares or 0% of their US portfolio. Dnb Asset As accumulated 12,961 shares or 0% of the stock. Pnc Fincl Ser Grp holds 0.01% or 88,310 shares in its portfolio. Quantbot Technologies Ltd Partnership has 14,325 shares for 0.13% of their US portfolio. Hotchkis Wiley Capital Mgmt Ltd Liability Co accumulated 0.45% or 1.22 million shares. Timber Hill Ltd Liability owns 4,795 shares or 0% of their US portfolio. Somerville Kurt F holds 0.05% of its portfolio in Rockwell Collins, Inc. (NYSE:COL) for 2,685 shares. Norinchukin Bank & Trust The has 0.01% invested in the company for 6,828 shares. Louisiana State Employees Retirement Sys has 0.04% invested in the company for 8,500 shares. Magnetar Fincl Lc has 3,461 shares for 0.01% of their US portfolio. First Tru Advsr Lp last reported 0.01% of its portfolio in the stock. Community Bank Na, a New York-based fund reported 3,150 shares. Notis holds 2,415 shares or 0.14% of its portfolio. Victory, a Ohio-based fund reported 13,226 shares. Eaton Vance Mgmt, a Massachusetts-based fund reported 207,656 shares.

Insider Transactions: Since June 6, 2016, the stock had 0 insider purchases, and 3 selling transactions for $2.73 million net activity. On Monday, June 6 STANDERSKI JEFFREY A. sold $376,250 worth of the stock or 4,300 shares. Shares for $2.16M were sold by Ortberg Robert Kelly on Monday, July 11. JASPER PHILIP J sold $185,640 worth of stock or 2,184 shares.

Rockwell Collins, Inc. is engaged in design, production and support of communications and aviation electronics for commercial and military clients around the world. The company has a market cap of $12.20 billion. The Company’s products and systems are focused on aviation applications. It has a 16.61 P/E ratio. It operates in two divisions: Government Systems and Commercial Systems.

COL Company Profile

Rockwell Collins, Inc., incorporated on March 1, 2001, is engaged in design, production and support of communications and aviation electronics for commercial and military clients around the world. The Company’s products and systems are focused on aviation applications. The integrated system solutions and products it provides to its served markets include communications, navigation, automated flight control, displays/surveillance, simulation and training, integrated electronics and information management systems. The Firm also provides a range of services and support to its clients through a network of service centers, including equipment repair and overhaul, service parts, field service engineering, training, technical information services and aftermarket used equipment sales. The Firm operates in two divisions: Government Systems and Commercial Systems. The Firm enables wireless distribution of digital information aboard the aircraft. The Company, through its portfolio of cabin services and products, allows airlines to stream video content to more than 250 passengers simultaneously.

More important recent Rockwell Collins, Inc. (NYSE:COL) news were published by: Wsj.com which released: “Rockwell Collins in Advanced Talks to Purchase B/E Aerospace for $6.5 Billion” on October 23, 2016, also Bloomberg.com published article titled: “Delayed Boeing Payments Pinch Cash at Rockwell Collins, GKN”, Wsj.com published: “Boeing Is ‘Delinquent’ on Payments, Says Supplier Rockwell Collins” on July 25, 2016. More interesting news about Rockwell Collins, Inc. (NYSE:COL) was released by: Fool.com and their article: “Is Rockwell Collins Making a Huge Mistake in Buying B/E Aerospace?” with publication date: November 08, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment