5,000 Shares in Motorola Solutions, Inc. (NYSE:MSI) Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB acquired a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 5,000 shares of the communications equipment provider’s stock, valued at approximately $424,000.

Several other large investors have also made changes to their positions in MSI. Sun Life Financial INC increased its position in Motorola Solutions by 14,800.0% in the 2nd quarter. Sun Life Financial INC now owns 1,192 shares of the communications equipment provider’s stock valued at $103,000 after buying an additional 1,184 shares in the last quarter. Acrospire Investment Management LLC increased its position in Motorola Solutions by 33.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,200 shares of the communications equipment provider’s stock valued at $104,000 after buying an additional 300 shares in the last quarter. Exane Derivatives increased its position in Motorola Solutions by 163.6% in the 2nd quarter. Exane Derivatives now owns 1,613 shares of the communications equipment provider’s stock valued at $140,000 after buying an additional 1,001 shares in the last quarter. Smithfield Trust Co. increased its position in Motorola Solutions by 2.7% in the 2nd quarter. Smithfield Trust Co. now owns 2,003 shares of the communications equipment provider’s stock valued at $173,000 after buying an additional 53 shares in the last quarter. Finally, Williams Jones & Associates LLC bought a new stake in Motorola Solutions in the 2nd quarter valued at about $201,000. 87.95% of the stock is currently owned by institutional investors.

In related news, EVP Bruce W. Brda sold 5,916 shares of the stock in a transaction on Monday, November 6th. The stock was sold at an average price of $92.41, for a total value of $546,697.56. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 2.50% of the company’s stock.

A number of analysts have commented on MSI shares. Zacks Investment Research raised Motorola Solutions from a “hold” rating to a “buy” rating and set a $102.00 price objective for the company in a report on Thursday, July 27th. BMO Capital Markets boosted their price objective on Motorola Solutions from $95.00 to $102.00 and gave the stock an “outperform” rating in a report on Friday, August 4th. Cleveland Research raised Motorola Solutions from a “neutral” rating to a “buy” rating in a report on Friday, October 6th. Credit Suisse Group set a $95.00 price objective on Motorola Solutions and gave the stock a “buy” rating in a report on Thursday, July 27th. Finally, Jefferies Group LLC reissued a “buy” rating on shares of Motorola Solutions in a report on Thursday, August 31st. Four research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Motorola Solutions has a consensus rating of “Buy” and a consensus price target of $95.08.

COPYRIGHT VIOLATION WARNING: “5,000 Shares in Motorola Solutions, Inc. (NYSE:MSI) Purchased by Handelsbanken Fonder AB” was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright legislation. The legal version of this piece can be accessed at https://www.dispatchtribunal.com/2017/11/11/handelsbanken-fonder-ab-acquires-new-stake-in-motorola-solutions-inc-msi.html.

Motorola Solutions, Inc. (MSI) traded down $0.54 during trading hours on Friday, hitting $91.07. The company’s stock had a trading volume of 584,800 shares, compared to its average volume of 1,084,916. The stock has a market capitalization of $14,840.80, a P/E ratio of 17.82, a P/E/G ratio of 4.08 and a beta of 0.33. Motorola Solutions, Inc. has a 12-month low of $76.92 and a 12-month high of $94.94. The company has a current ratio of 1.30, a quick ratio of 1.16 and a debt-to-equity ratio of -5.41.

Motorola Solutions (NYSE:MSI) last posted its earnings results on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.13. Motorola Solutions had a negative return on equity of 92.09% and a net margin of 10.51%. The firm had revenue of $1.65 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the prior year, the business posted $1.37 earnings per share. The business’s quarterly revenue was up 7.4% on a year-over-year basis. equities analysts forecast that Motorola Solutions, Inc. will post 5.14 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 15th will be given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date of this dividend is Thursday, December 14th. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.47. Motorola Solutions’s dividend payout ratio (DPR) is 48.08%.

About Motorola Solutions

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)

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

Leave a Reply