Stephens Inc. AR Trims Stake in Motorola Solutions Inc (MSI)

Stephens Inc. AR lessened its holdings in shares of Motorola Solutions Inc (NYSE:MSI) by 2.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,000 shares of the communications equipment provider’s stock after selling 145 shares during the quarter. Stephens Inc. AR’s holdings in Motorola Solutions were worth $983,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the company. We Are One Seven LLC increased its stake in Motorola Solutions by 2.3% in the fourth quarter. We Are One Seven LLC now owns 4,304 shares of the communications equipment provider’s stock valued at $495,000 after purchasing an additional 97 shares during the last quarter. Parkside Financial Bank & Trust grew its position in shares of Motorola Solutions by 36.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 365 shares of the communications equipment provider’s stock worth $42,000 after acquiring an additional 98 shares during the last quarter. Utah Retirement Systems grew its position in shares of Motorola Solutions by 0.3% during the fourth quarter. Utah Retirement Systems now owns 30,269 shares of the communications equipment provider’s stock worth $3,482,000 after acquiring an additional 100 shares during the last quarter. Louisiana State Employees Retirement System grew its position in shares of Motorola Solutions by 1.2% during the first quarter. Louisiana State Employees Retirement System now owns 8,700 shares of the communications equipment provider’s stock worth $1,222,000 after acquiring an additional 100 shares during the last quarter. Finally, Flagship Harbor Advisors LLC grew its position in shares of Motorola Solutions by 9.0% during the first quarter. Flagship Harbor Advisors LLC now owns 1,274 shares of the communications equipment provider’s stock worth $178,000 after acquiring an additional 105 shares during the last quarter. 86.30% of the stock is currently owned by institutional investors and hedge funds.

In other Motorola Solutions news, Chairman Gregory Q. Brown sold 21,600 shares of the firm’s stock in a transaction on Friday, May 10th. The stock was sold at an average price of $146.93, for a total value of $3,173,688.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Daniel G. Pekofske sold 4,785 shares of the firm’s stock in a transaction on Monday, April 15th. The shares were sold at an average price of $143.03, for a total value of $684,398.55. The disclosure for this sale can be found here. In the last three months, insiders sold 174,692 shares of company stock valued at $24,652,559. 2.99% of the stock is owned by corporate insiders.



NYSE:MSI traded down $0.72 during midday trading on Monday, reaching $146.23. The stock had a trading volume of 9,938 shares, compared to its average volume of 945,552. Motorola Solutions Inc has a 12-month low of $105.89 and a 12-month high of $148.98. The firm has a market cap of $24.22 billion, a price-to-earnings ratio of 21.46, a price-to-earnings-growth ratio of 2.59 and a beta of 0.59.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, May 2nd. The communications equipment provider reported $1.28 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.20. Motorola Solutions had a negative return on equity of 91.61% and a net margin of 13.29%. The company had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter last year, the company earned $1.10 earnings per share. Motorola Solutions’s quarterly revenue was up 12.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Motorola Solutions Inc will post 7.41 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 14th will be issued a $0.57 dividend. This represents a $2.28 dividend on an annualized basis and a yield of 1.56%. The ex-dividend date is Thursday, June 13th. Motorola Solutions’s dividend payout ratio (DPR) is currently 33.38%.

MSI has been the topic of a number of research reports. Citigroup raised their target price on shares of Motorola Solutions from $145.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. Deutsche Bank raised their target price on shares of Motorola Solutions from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. Raymond James set a $139.00 target price on shares of Motorola Solutions and gave the stock a “buy” rating in a research report on Friday, February 8th. Zacks Investment Research lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, April 10th. Finally, TheStreet upgraded shares of Motorola Solutions from a “c+” rating to a “b-” rating in a research report on Tuesday, February 26th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $139.39.

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Motorola Solutions Company Profile

Motorola Solutions, Inc provides mission-critical communication solutions the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Services and Software. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video solutions, as well as the implementation, optimization, and integration of networks, devices, software, and applications for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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