Motorola Solutions Inc (MSI) Stake Decreased by River Road Asset Management LLC

River Road Asset Management LLC cut its holdings in shares of Motorola Solutions Inc (NYSE:MSI) by 2.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 687,827 shares of the communications equipment provider’s stock after selling 14,536 shares during the period. River Road Asset Management LLC’s holdings in Motorola Solutions were worth $62,138,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in MSI. Grove Bank & Trust grew its stake in shares of Motorola Solutions by 731.0% during the third quarter. Grove Bank & Trust now owns 1,205 shares of the communications equipment provider’s stock valued at $102,000 after acquiring an additional 1,060 shares in the last quarter. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Motorola Solutions during the third quarter valued at about $187,000. Meeder Asset Management Inc. grew its stake in shares of Motorola Solutions by 67.4% during the fourth quarter. Meeder Asset Management Inc. now owns 2,171 shares of the communications equipment provider’s stock valued at $196,000 after acquiring an additional 874 shares in the last quarter. MAI Capital Management acquired a new stake in shares of Motorola Solutions during the fourth quarter valued at about $202,000. Finally, Pinnacle Associates Ltd. acquired a new stake in shares of Motorola Solutions during the third quarter valued at about $206,000. Institutional investors own 87.89% of the company’s stock.

Motorola Solutions Inc (NYSE:MSI) opened at $102.63 on Thursday. The company has a market capitalization of $16,647.10, a PE ratio of -95.03, a P/E/G ratio of 2.06 and a beta of 0.40. Motorola Solutions Inc has a 52 week low of $77.23 and a 52 week high of $107.78. The company has a quick ratio of 1.24, a current ratio of 1.35 and a debt-to-equity ratio of -2.56.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, February 1st. The communications equipment provider reported $2.10 EPS for the quarter, topping the Zacks’ consensus estimate of $2.04 by $0.06. Motorola Solutions had a negative return on equity of 75.81% and a negative net margin of 2.43%. The business had revenue of $1.96 billion during the quarter, compared to the consensus estimate of $1.94 billion. During the same period last year, the firm earned $2.03 earnings per share. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. analysts anticipate that Motorola Solutions Inc will post 6.24 EPS for the current fiscal year.

In other Motorola Solutions news, CAO John K. Wozniak sold 45,577 shares of the firm’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $104.90, for a total value of $4,781,027.30. Following the transaction, the chief accounting officer now owns 20,099 shares of the company’s stock, valued at $2,108,385.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Motorola Solutions, Inc. sold 949,779 shares of the firm’s stock in a transaction dated Wednesday, January 10th. The stock was sold at an average price of $15.00, for a total transaction of $14,246,685.00. The disclosure for this sale can be found here. Insiders sold 1,375,837 shares of company stock worth $54,195,434 in the last three months. 2.50% of the stock is currently owned by corporate insiders.

Several analysts have recently weighed in on MSI shares. Zacks Investment Research downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday, January 8th. ValuEngine downgraded Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Citigroup lifted their price target on Motorola Solutions from $112.00 to $120.00 and gave the stock a “buy” rating in a research note on Monday. Deutsche Bank upgraded Motorola Solutions from a “hold” rating to a “buy” rating and set a $78.00 price target for the company in a research note on Friday, January 12th. Finally, Jefferies Group lifted their price target on Motorola Solutions from $105.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, November 3rd. Three investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $102.10.

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Motorola Solutions 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.

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

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