Traders Sell Shares of Motorola Solutions (MSI) on Strength (MSI)

Investors sold shares of Motorola Solutions Inc (NYSE:MSI) on strength during trading hours on Tuesday. $16.63 million flowed into the stock on the tick-up and $41.84 million flowed out of the stock on the tick-down, for a money net flow of $25.21 million out of the stock. Of all equities tracked, Motorola Solutions had the 0th highest net out-flow for the day. Motorola Solutions traded up $0.30 for the day and closed at $115.80

A number of analysts recently weighed in on MSI shares. Northcoast Research set a $115.00 price target on shares of Motorola Solutions and gave the company a “buy” rating in a research report on Wednesday, February 21st. Raymond James set a $120.00 price target on shares of Motorola Solutions and gave the company a “buy” rating in a research report on Friday, February 23rd. Deutsche Bank increased their price target on shares of Motorola Solutions from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday, March 1st. ValuEngine upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Motorola Solutions in a research report on Thursday, March 1st. Three analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Motorola Solutions currently has a consensus rating of “Buy” and a consensus target price of $119.25.

The company has a debt-to-equity ratio of -3.45, a quick ratio of 1.03 and a current ratio of 1.17. The company has a market cap of $18.78 billion, a price-to-earnings ratio of 22.30, a price-to-earnings-growth ratio of 2.21 and a beta of 0.33.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, May 3rd. The communications equipment provider reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.22. Motorola Solutions had a negative net margin of 1.75% and a negative return on equity of 73.43%. The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.37 billion. equities analysts anticipate that Motorola Solutions Inc will post 6.55 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 13th. Shareholders of record on Friday, June 15th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 1.79%. The ex-dividend date is Thursday, June 14th. Motorola Solutions’s dividend payout ratio is 40.00%.

A number of institutional investors have recently made changes to their positions in the business. BlackRock Inc. lifted its holdings in Motorola Solutions by 5.2% during the 1st quarter. BlackRock Inc. now owns 15,699,753 shares of the communications equipment provider’s stock valued at $1,653,184,000 after purchasing an additional 771,990 shares during the last quarter. OppenheimerFunds Inc. lifted its holdings in Motorola Solutions by 33.2% during the 1st quarter. OppenheimerFunds Inc. now owns 3,635,014 shares of the communications equipment provider’s stock valued at $382,767,000 after purchasing an additional 906,012 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in Motorola Solutions by 9.5% during the 4th quarter. Bank of New York Mellon Corp now owns 2,217,974 shares of the communications equipment provider’s stock valued at $200,372,000 after purchasing an additional 193,079 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Motorola Solutions by 0.9% during the 4th quarter. Geode Capital Management LLC now owns 1,779,460 shares of the communications equipment provider’s stock valued at $160,437,000 after purchasing an additional 16,310 shares during the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of Motorola Solutions by 118.3% during the first quarter. Millennium Management LLC now owns 1,114,856 shares of the communications equipment provider’s stock worth $117,394,000 after buying an additional 604,248 shares in the last quarter. 85.16% of the stock is owned by institutional investors and hedge funds.

Motorola Solutions Company Profile

Motorola Solutions, Inc, together with its subsidiaries, provides mission-critical communication infrastructure, devices, accessories, software, and services in the United States, the United Kingdom, and internationally. The company operates in two segments, Products and Services. The Products segment offers a portfolio of infrastructure, devices, accessories, and software for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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