Segantii Capital Management Ltd Maintains Position in Motorola Solutions, Inc. (NYSE:MSI)

Segantii Capital Management Ltd held its stake in Motorola Solutions, Inc. (NYSE:MSI) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,000 shares of the communications equipment provider’s stock at the end of the second quarter. Motorola Solutions comprises about 1.0% of Segantii Capital Management Ltd’s investment portfolio, making the stock its 19th largest position. Segantii Capital Management Ltd’s holdings in Motorola Solutions were worth $4,337,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in MSI. Vanguard Group Inc. raised its stake in Motorola Solutions by 2.8% in the first quarter. Vanguard Group Inc. now owns 16,036,418 shares of the communications equipment provider’s stock worth $1,382,661,000 after buying an additional 444,109 shares during the period. Lazard Asset Management LLC raised its stake in shares of Motorola Solutions by 54.6% in the first quarter. Lazard Asset Management LLC now owns 8,988,989 shares of the communications equipment provider’s stock worth $775,030,000 after buying an additional 3,174,388 shares during the last quarter. State Street Corp raised its stake in shares of Motorola Solutions by 1.5% in the first quarter. State Street Corp now owns 7,598,871 shares of the communications equipment provider’s stock worth $655,179,000 after buying an additional 114,685 shares during the last quarter. Parnassus Investments CA raised its stake in shares of Motorola Solutions by 3.6% in the first quarter. Parnassus Investments CA now owns 7,319,437 shares of the communications equipment provider’s stock worth $614,408,000 after buying an additional 256,152 shares during the last quarter. Finally, Artisan Partners Limited Partnership raised its stake in shares of Motorola Solutions by 5.6% in the first quarter. Artisan Partners Limited Partnership now owns 2,215,956 shares of the communications equipment provider’s stock worth $191,060,000 after buying an additional 118,031 shares during the last quarter. 87.27% of the stock is owned by hedge funds and other institutional investors.

Motorola Solutions, Inc. (NYSE MSI) opened at 88.51 on Thursday. The firm has a 50-day moving average price of $88.90 and a 200-day moving average price of $84.54. The company has a market cap of $14.40 billion, a P/E ratio of 23.34 and a beta of 0.32. Motorola Solutions, Inc. has a 12-month low of $71.24 and a 12-month high of $93.75.

Motorola Solutions (NYSE:MSI) last issued its earnings results on Thursday, August 3rd. The communications equipment provider reported $1.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.99 by $0.07. Motorola Solutions had a negative return on equity of 93.44% and a net margin of 10.38%. The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.46 billion. During the same period in the prior year, the business earned $1.03 EPS. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. On average, equities research analysts forecast that Motorola Solutions, Inc. will post $5.28 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Thursday, June 15th were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.12%. The ex-dividend date of this dividend was Tuesday, June 13th. Motorola Solutions’s dividend payout ratio is 49.60%.

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MSI has been the subject of a number of research analyst reports. BMO Capital Markets raised their price target on Motorola Solutions from $95.00 to $102.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. BidaskClub raised Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, June 27th. Zacks Investment Research lowered Motorola Solutions from a “buy” rating to a “sell” rating in a research note on Tuesday, August 1st. Cowen and Company dropped their price target on Motorola Solutions from $77.00 to $75.00 and set a “market perform” rating for the company in a research note on Friday, May 5th. Finally, Credit Suisse Group raised their price target on Motorola Solutions from $90.00 to $95.00 and gave the stock an “outperform” rating in a research note on Monday, May 15th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Motorola Solutions currently has an average rating of “Buy” and an average target price of $94.33.

In other Motorola Solutions news, EVP Bruce W. Brda sold 25,299 shares of the company’s stock in a transaction on Monday, August 7th. The stock was sold at an average price of $89.11, for a total value of $2,254,393.89. Following the completion of the sale, the executive vice president now directly owns 23,829 shares in the company, valued at approximately $2,123,402.19. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.50% of the stock is currently owned by corporate insiders.

Motorola Solutions Company 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.

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

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