Intellectus Partners LLC Has $212,000 Stake in Motorola Solutions Inc (NYSE:MSI)

Intellectus Partners LLC trimmed its holdings in shares of Motorola Solutions Inc (NYSE:MSI) by 18.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,238 shares of the communications equipment provider’s stock after selling 273 shares during the quarter. Intellectus Partners LLC’s holdings in Motorola Solutions were worth $212,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Greenleaf Trust grew its position in shares of Motorola Solutions by 3.7% in the second quarter. Greenleaf Trust now owns 2,720 shares of the communications equipment provider’s stock valued at $454,000 after purchasing an additional 98 shares during the last quarter. Fiera Capital Corp acquired a new stake in shares of Motorola Solutions in the second quarter valued at about $1,112,000. GAM Holding AG grew its position in shares of Motorola Solutions by 8.8% in the second quarter. GAM Holding AG now owns 6,681 shares of the communications equipment provider’s stock valued at $1,114,000 after purchasing an additional 538 shares during the last quarter. Candriam Luxembourg S.C.A. grew its position in shares of Motorola Solutions by 86.4% in the second quarter. Candriam Luxembourg S.C.A. now owns 40,033 shares of the communications equipment provider’s stock valued at $6,645,000 after purchasing an additional 18,555 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund grew its position in shares of Motorola Solutions by 34.3% in the second quarter. Oregon Public Employees Retirement Fund now owns 39,519 shares of the communications equipment provider’s stock valued at $6,589,000 after purchasing an additional 10,102 shares during the last quarter. 87.22% of the stock is currently owned by hedge funds and other institutional investors.

MSI has been the topic of several research analyst reports. Northcoast Research downgraded Motorola Solutions from a “buy” rating to a “neutral” rating and set a $171.53 price target on the stock. in a research report on Wednesday, July 17th. Zacks Investment Research downgraded Motorola Solutions from a “buy” rating to a “hold” rating and set a $177.00 price target on the stock. in a research report on Wednesday, July 3rd. Credit Suisse Group reaffirmed a “buy” rating and issued a $189.00 price target on shares of Motorola Solutions in a research report on Tuesday, September 10th. Argus raised their price target on Motorola Solutions from $165.00 to $190.00 and gave the company a “buy” rating in a research report on Wednesday, July 17th. Finally, ValuEngine downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. One analyst has rated the stock with a sell rating, six have given a hold rating and nine have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $164.93.

MSI stock opened at $167.53 on Friday. Motorola Solutions Inc has a twelve month low of $108.25 and a twelve month high of $182.28. The company has a market cap of $28.33 billion, a PE ratio of 24.07, a price-to-earnings-growth ratio of 3.04 and a beta of 0.59. The business’s 50-day simple moving average is $171.74 and its 200 day simple moving average is $160.95.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, August 1st. The communications equipment provider reported $1.69 earnings per share for the quarter, topping analysts’ consensus estimates of $1.52 by $0.17. Motorola Solutions had a negative return on equity of 105.22% and a net margin of 13.47%. The business had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.84 billion. During the same period last year, the business earned $1.46 earnings per share. The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. Research analysts predict that Motorola Solutions Inc will post 7.35 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Friday, September 13th will be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Thursday, September 12th. Motorola Solutions’s dividend payout ratio (DPR) is presently 33.38%.

In other Motorola Solutions news, Director Lake (Offshore) Aiv Gp Silver sold 5,471,271 shares of the firm’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $175.75, for a total transaction of $961,575,878.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Rajan Naik sold 9,408 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $171.55, for a total transaction of $1,613,942.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 5,958,449 shares of company stock worth $1,047,392,724. 2.99% of the stock is owned by company insiders.

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.

See Also: What is a support level?

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

Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter.