Motorola Solutions, Inc. (MSI) Stake Raised by Smithfield Trust Co.

Smithfield Trust Co. increased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 2.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,003 shares of the communications equipment provider’s stock after buying an additional 53 shares during the period. Smithfield Trust Co.’s holdings in Motorola Solutions were worth $173,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of MSI. Cleararc Capital Inc. boosted its stake in Motorola Solutions by 0.5% in the first quarter. Cleararc Capital Inc. now owns 4,046 shares of the communications equipment provider’s stock valued at $349,000 after buying an additional 22 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in Motorola Solutions by 0.3% in the second quarter. Janney Montgomery Scott LLC now owns 10,408 shares of the communications equipment provider’s stock valued at $903,000 after buying an additional 34 shares in the last quarter. Signaturefd LLC boosted its stake in Motorola Solutions by 1.3% in the first quarter. Signaturefd LLC now owns 3,317 shares of the communications equipment provider’s stock valued at $286,000 after buying an additional 42 shares in the last quarter. Capital Investment Advisors LLC boosted its stake in Motorola Solutions by 1.5% in the second quarter. Capital Investment Advisors LLC now owns 3,091 shares of the communications equipment provider’s stock valued at $268,000 after buying an additional 46 shares in the last quarter. Finally, Rothschild Asset Management Inc. boosted its position in shares of Motorola Solutions by 0.8% in the second quarter. Rothschild Asset Management Inc. now owns 6,597 shares of the communications equipment provider’s stock worth $572,000 after buying an additional 51 shares during the period. 87.62% of the stock is owned by hedge funds and other institutional investors.

Shares of Motorola Solutions, Inc. (NYSE MSI) traded up 0.28% during mid-day trading on Friday, hitting $87.37. 1,185,294 shares of the stock were exchanged. Motorola Solutions, Inc. has a 52-week low of $71.24 and a 52-week high of $93.75. The firm has a market cap of $14.21 billion, a price-to-earnings ratio of 23.04 and a beta of 0.32. The stock has a 50-day moving average price of $88.91 and a 200 day moving average price of $84.75.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Thursday, August 3rd. The communications equipment provider reported $1.06 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.99 by $0.07. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.46 billion. Motorola Solutions had a net margin of 10.38% and a negative return on equity of 93.44%. Motorola Solutions’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm posted $1.03 EPS. On average, equities research analysts expect that Motorola Solutions, Inc. will post $5.29 earnings per share for the current year.

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MSI has been the subject of a number of recent research reports. Citigroup Inc. reissued a “buy” rating and set a $102.00 price target (up from $93.00) on shares of Motorola Solutions in a research report on Friday, May 5th. Cowen and Company lowered their price target on shares of Motorola Solutions from $77.00 to $75.00 and set a “market perform” rating for the company in a research report on Friday, May 5th. Credit Suisse Group lifted their price target on shares of Motorola Solutions from $90.00 to $95.00 and gave the company an “outperform” rating in a research report on Friday, May 5th. Deutsche Bank AG lifted their price target on shares of Motorola Solutions from $70.00 to $73.00 and gave the company a “hold” rating in a research report on Monday, May 8th. Finally, MKM Partners reissued a “neutral” rating and set a $83.00 price target (up from $76.00) on shares of Motorola Solutions in a research report on Monday, May 8th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $94.33.

In related news, EVP Eduardo F. Conrado sold 6,998 shares of the stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $89.13, for a total value of $623,731.74. Following the transaction, the executive vice president now owns 22,858 shares in the company, valued at approximately $2,037,333.54. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Bruce W. Brda sold 25,299 shares of the stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $89.11, for a total transaction of $2,254,393.89. Following the completion of the transaction, the executive vice president now owns 23,829 shares in the company, valued at approximately $2,123,402.19. The disclosure for this sale can be found here. Company insiders own 2.50% of the company’s stock.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

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

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