Dupont Capital Management Corp Takes Position in Motorola Solutions Inc (MSI)

Dupont Capital Management Corp purchased a new stake in shares of Motorola Solutions Inc (NYSE:MSI) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 1,572 shares of the communications equipment provider’s stock, valued at approximately $205,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Global Financial Private Capital LLC grew its holdings in Motorola Solutions by 12.1% during the 2nd quarter. Global Financial Private Capital LLC now owns 4,154 shares of the communications equipment provider’s stock valued at $483,000 after purchasing an additional 450 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Motorola Solutions by 1.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 39,257 shares of the communications equipment provider’s stock valued at $4,568,000 after purchasing an additional 474 shares in the last quarter. US Bancorp DE grew its holdings in Motorola Solutions by 2.2% during the 2nd quarter. US Bancorp DE now owns 23,462 shares of the communications equipment provider’s stock valued at $2,730,000 after purchasing an additional 497 shares in the last quarter. E&G Advisors LP grew its holdings in Motorola Solutions by 15.6% during the 3rd quarter. E&G Advisors LP now owns 3,700 shares of the communications equipment provider’s stock valued at $482,000 after purchasing an additional 500 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. grew its holdings in Motorola Solutions by 18.3% during the 3rd quarter. Oppenheimer Asset Management Inc. now owns 3,360 shares of the communications equipment provider’s stock valued at $437,000 after purchasing an additional 519 shares in the last quarter. 85.22% of the stock is owned by institutional investors and hedge funds.

NYSE MSI opened at $124.11 on Friday. Motorola Solutions Inc has a 12 month low of $89.18 and a 12 month high of $131.48. The firm has a market cap of $20.21 billion, a price-to-earnings ratio of 23.87, a P/E/G ratio of 1.89 and a beta of 0.46.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, November 1st. The communications equipment provider reported $1.94 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.72 by $0.22. Motorola Solutions had a negative net margin of 0.44% and a negative return on equity of 68.88%. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same period last year, the firm posted $1.53 EPS. The company’s revenue for the quarter was up 13.2% on a year-over-year basis. On average, equities research analysts predict that Motorola Solutions Inc will post 6.67 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 15th. Stockholders of record on Friday, December 14th will be given a $0.57 dividend. This is an increase from Motorola Solutions’s previous quarterly dividend of $0.52. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date of this dividend is Thursday, December 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 40.00%.

In other news, EVP Mark S. Hacker sold 102,628 shares of the firm’s stock in a transaction dated Friday, September 7th. The shares were sold at an average price of $127.01, for a total value of $13,034,782.28. Following the transaction, the executive vice president now directly owns 56,259 shares in the company, valued at approximately $7,145,455.59. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Cynthia Yazdi sold 735 shares of the firm’s stock in a transaction dated Tuesday, November 6th. The stock was sold at an average price of $124.70, for a total transaction of $91,654.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 937,924 shares of company stock worth $118,291,554. Insiders own 2.20% of the company’s stock.

MSI has been the topic of a number of research analyst reports. Gabelli downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a research note on Monday, November 5th. They noted that the move was a valuation call. Credit Suisse Group set a $137.00 price objective on shares of Motorola Solutions and gave the company a “hold” rating in a research note on Friday, September 21st. JPMorgan Chase & Co. reduced their price objective on shares of Motorola Solutions from $130.00 to $126.00 and set a “sell” rating on the stock in a research note on Friday, November 2nd. Northcoast Research set a $128.00 price objective on shares of Motorola Solutions and gave the company a “buy” rating in a research note on Monday, August 6th. Finally, Deutsche Bank increased their price objective on shares of Motorola Solutions from $135.00 to $140.00 and gave the company a “buy” rating in a research note on Monday, November 5th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $134.77.

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

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