Motorola Solutions Inc (MSI) Holdings Boosted by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC increased its position in shares of Motorola Solutions Inc (NYSE:MSI) by 60.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,919 shares of the communications equipment provider’s stock after acquiring an additional 4,495 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Motorola Solutions were worth $1,012,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. WINTON GROUP Ltd lifted its position in Motorola Solutions by 51.9% in the second quarter. WINTON GROUP Ltd now owns 164,129 shares of the communications equipment provider’s stock valued at $14,237,000 after buying an additional 56,105 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Motorola Solutions by 6.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 624,195 shares of the communications equipment provider’s stock worth $54,143,000 after purchasing an additional 38,642 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. lifted its position in shares of Motorola Solutions by 11.5% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 795,770 shares of the communications equipment provider’s stock worth $69,025,000 after purchasing an additional 82,182 shares in the last quarter. State of Wisconsin Investment Board acquired a new stake in shares of Motorola Solutions during the second quarter worth about $2,325,000. Finally, Swiss National Bank lifted its position in shares of Motorola Solutions by 0.3% during the third quarter. Swiss National Bank now owns 809,178 shares of the communications equipment provider’s stock worth $68,675,000 after purchasing an additional 2,600 shares in the last quarter. 87.78% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday, October 9th. Jefferies Group increased their price target on shares of Motorola Solutions from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. ValuEngine lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, November 15th. Finally, Cleveland Research upgraded shares of Motorola Solutions from a “neutral” rating to a “buy” rating in a research report on Friday, October 6th. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $95.08.

In other Motorola Solutions news, CEO Gregory Q. Brown sold 100,000 shares of Motorola Solutions stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $92.57, for a total value of $9,257,000.00. Following the completion of the sale, the chief executive officer now owns 99,015 shares in the company, valued at approximately $9,165,818.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Gregory Q. Brown sold 50,000 shares of Motorola Solutions stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $94.32, for a total value of $4,716,000.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 378,986 shares of company stock valued at $35,010,375. 2.50% of the stock is currently owned by company insiders.

Shares of Motorola Solutions Inc (NYSE:MSI) traded up $1.17 during mid-day trading on Thursday, hitting $93.55. The stock had a trading volume of 811,900 shares, compared to its average volume of 1,030,000. Motorola Solutions Inc has a twelve month low of $76.92 and a twelve month high of $95.30. The stock has a market capitalization of $15,160.00, a PE ratio of 23.93, a P/E/G ratio of 3.88 and a beta of 0.35. 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 announced its quarterly earnings results on Thursday, November 2nd. The communications equipment provider reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.40 by $0.13. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Motorola Solutions had a negative return on equity of 92.09% and a net margin of 10.51%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the business posted $1.37 earnings per share. analysts forecast that Motorola Solutions Inc will post 5.13 EPS for the current year.

The business 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 dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Thursday, December 14th. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.47. Motorola Solutions’s dividend payout ratio (DPR) is currently 53.20%.

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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.

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

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