Investors Buy Motorola Solutions (MSI) on Weakness

Investors purchased shares of Motorola Solutions Inc (NYSE:MSI) on weakness during trading hours on Thursday. $32.50 million flowed into the stock on the tick-up and $9.92 million flowed out of the stock on the tick-down, for a money net flow of $22.58 million into the stock. Of all equities tracked, Motorola Solutions had the 20th highest net in-flow for the day. Motorola Solutions traded down ($0.23) for the day and closed at $90.57

A number of equities analysts recently weighed in on MSI shares. Jefferies Group increased their price objective on shares of Motorola Solutions from $105.00 to $110.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. Cleveland Research upgraded shares of Motorola Solutions from a “neutral” rating to a “buy” rating in a report on Friday, October 6th. Zacks Investment Research lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday, October 23rd. Finally, ValuEngine lowered shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Four investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $95.08.

The company has a current ratio of 1.30, a quick ratio of 1.16 and a debt-to-equity ratio of -5.41. The firm has a market capitalization of $14,672.32, a P/E ratio of 17.62, a P/E/G ratio of 4.04 and a beta of 0.35.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, November 2nd. The communications equipment provider reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.40 by $0.13. The company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.58 billion. Motorola Solutions had a net margin of 10.51% and a negative return on equity of 92.09%. Motorola Solutions’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.37 earnings per share. equities analysts expect that Motorola Solutions Inc will post 5.13 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 15th will be issued a $0.52 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $2.08 annualized dividend and a dividend yield of 2.30%. Motorola Solutions’s payout ratio is presently 53.20%.

In related news, Chairman Gregory Q. Brown sold 50,000 shares of the business’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $94.32, for a total transaction of $4,716,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Bruce W. Brda sold 5,916 shares of the business’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $92.41, for a total transaction of $546,697.56. The disclosure for this sale can be found here. In the last ninety days, insiders sold 359,286 shares of company stock worth $33,178,275. Insiders own 2.50% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the stock. Sun Life Financial INC boosted its holdings in Motorola Solutions by 14,800.0% during the second quarter. Sun Life Financial INC now owns 1,192 shares of the communications equipment provider’s stock worth $103,000 after buying an additional 1,184 shares in the last quarter. Acrospire Investment Management LLC lifted its holdings in shares of Motorola Solutions by 33.3% in the second quarter. Acrospire Investment Management LLC now owns 1,200 shares of the communications equipment provider’s stock valued at $104,000 after purchasing an additional 300 shares in the last quarter. Grove Bank & Trust lifted its holdings in shares of Motorola Solutions by 731.0% in the third quarter. Grove Bank & Trust now owns 1,205 shares of the communications equipment provider’s stock valued at $102,000 after purchasing an additional 1,060 shares in the last quarter. Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Motorola Solutions in the third quarter valued at about $187,000. Finally, Williams Jones & Associates LLC purchased a new stake in shares of Motorola Solutions in the second quarter valued at about $201,000. 87.78% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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