Sciencast Management LP Has $1.89 Million Stake in Motorola Solutions Inc (MSI)

Sciencast Management LP grew its holdings in shares of Motorola Solutions Inc (NYSE:MSI) by 354.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,404 shares of the communications equipment provider’s stock after buying an additional 10,454 shares during the quarter. Sciencast Management LP’s holdings in Motorola Solutions were worth $1,891,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Truvestments Capital LLC purchased a new stake in shares of Motorola Solutions in the first quarter valued at approximately $28,000. Liberty Wealth Management LLC purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $32,000. Exane Asset Management purchased a new stake in shares of Motorola Solutions in the fourth quarter valued at approximately $35,000. Oregon Public Employees Retirement Fund boosted its holdings in shares of Motorola Solutions by 10,544.5% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 4,378,307 shares of the communications equipment provider’s stock valued at $38,000 after purchasing an additional 4,337,175 shares during the period. Finally, Sontag Advisory LLC purchased a new stake in Motorola Solutions during the fourth quarter worth $38,000. 87.40% of the stock is currently owned by hedge funds and other institutional investors.

A number of analysts have weighed in on the company. Zacks Investment Research lowered Motorola Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, April 10th. Deutsche Bank upped their target price on Motorola Solutions from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Tuesday, April 9th. Citigroup upped their target price on Motorola Solutions from $145.00 to $170.00 and gave the stock a “buy” rating in a report on Friday, April 5th. BTIG Research upped their target price on Motorola Solutions from $137.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, April 2nd. Finally, TheStreet upgraded Motorola Solutions from a “c+” rating to a “b-” rating in a report on Tuesday, February 26th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $136.73.

Shares of MSI traded up $0.16 during midday trading on Monday, hitting $143.39. 20,995 shares of the company’s stock traded hands, compared to its average volume of 794,998. Motorola Solutions Inc has a 1 year low of $105.06 and a 1 year high of $144.94. The firm has a market cap of $23.52 billion, a PE ratio of 21.00, a P/E/G ratio of 2.43 and a beta of 0.59.

Motorola Solutions (NYSE:MSI) last released its earnings results on Thursday, February 7th. The communications equipment provider reported $2.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.41 by $0.22. Motorola Solutions had a negative return on equity of 82.33% and a net margin of 13.17%. The firm had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same period in the prior year, the firm earned $2.10 EPS. The firm’s revenue was up 15.2% on a year-over-year basis. Research analysts forecast that Motorola Solutions Inc will post 7.36 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 15th. Investors of record on Friday, March 15th will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a dividend yield of 1.59%. The ex-dividend date of this dividend is Thursday, March 14th. Motorola Solutions’s payout ratio is 33.38%.

In other Motorola Solutions news, EVP Kelly S. Mark sold 13,600 shares of the stock in a transaction dated Wednesday, February 27th. The stock was sold at an average price of $142.71, for a total transaction of $1,940,856.00. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP John P. Molloy sold 79,995 shares of the stock in a transaction dated Thursday, February 21st. The stock was sold at an average price of $139.42, for a total value of $11,152,902.90. The disclosure for this sale can be found here. 2.99% of the stock is owned by corporate insiders.

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Motorola Solutions Company Profile

Motorola Solutions, Inc provides mission-critical communication solutions the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Services and Software. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video solutions, as well as the implementation, optimization, and integration of networks, devices, software, and applications for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.

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

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