Centiva Capital LP Invests $1.01 Million in Motorola Solutions, Inc. (NYSE:MSI)

Centiva Capital LP bought a new stake in shares of Motorola Solutions, Inc. (NYSE:MSIGet Rating) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 3,733 shares of the communications equipment provider’s stock, valued at approximately $1,014,000.

A number of other institutional investors have also made changes to their positions in the business. Morgan Stanley lifted its position in Motorola Solutions by 17.2% during the 2nd quarter. Morgan Stanley now owns 383,655 shares of the communications equipment provider’s stock valued at $83,197,000 after purchasing an additional 56,265 shares during the period. Jump Financial LLC bought a new position in shares of Motorola Solutions in the third quarter valued at $251,000. Gabelli Funds LLC lifted its holdings in Motorola Solutions by 8.3% during the 3rd quarter. Gabelli Funds LLC now owns 1,300 shares of the communications equipment provider’s stock valued at $302,000 after purchasing an additional 100 shares during the last quarter. Ameritas Investment Company LLC lifted its holdings in Motorola Solutions by 6,200.0% during the 3rd quarter. Ameritas Investment Company LLC now owns 2,709 shares of the communications equipment provider’s stock valued at $629,000 after purchasing an additional 2,666 shares during the last quarter. Finally, Natixis lifted its holdings in shares of Motorola Solutions by 71.9% during the third quarter. Natixis now owns 21,376 shares of the communications equipment provider’s stock worth $4,966,000 after buying an additional 8,940 shares in the last quarter. 85.65% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:MSI opened at $225.55 on Friday. The stock has a fifty day simple moving average of $222.94 and a two-hundred day simple moving average of $235.05. The stock has a market capitalization of $37.73 billion, a price-to-earnings ratio of 30.94, a PEG ratio of 2.77 and a beta of 0.91. Motorola Solutions, Inc. has a 12-month low of $199.24 and a 12-month high of $273.65.

Motorola Solutions (NYSE:MSIGet Rating) last issued its quarterly earnings data on Thursday, May 12th. The communications equipment provider reported $1.53 EPS for the quarter, topping the consensus estimate of $1.39 by $0.14. Motorola Solutions had a negative return on equity of 633.02% and a net margin of 15.30%. The company had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.83 billion. During the same quarter in the previous year, the company posted $1.74 earnings per share. Motorola Solutions’s revenue was up 6.7% compared to the same quarter last year. Sell-side analysts predict that Motorola Solutions, Inc. will post 8.98 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 15th. Shareholders of record on Wednesday, June 15th will be given a dividend of $0.79 per share. The ex-dividend date is Tuesday, June 14th. This represents a $3.16 dividend on an annualized basis and a yield of 1.40%. Motorola Solutions’s dividend payout ratio (DPR) is presently 43.35%.

A number of research analysts have issued reports on MSI shares. StockNews.com cut Motorola Solutions from a “buy” rating to a “hold” rating in a research report on Friday, May 13th. Citigroup lifted their price objective on Motorola Solutions from $260.00 to $275.00 in a research note on Thursday, February 10th. Zacks Investment Research raised Motorola Solutions from a “sell” rating to a “hold” rating and set a $226.00 price objective on the stock in a research note on Monday, May 23rd. Loop Capital started coverage on Motorola Solutions in a research note on Monday, April 25th. They issued a “buy” rating and a $295.00 price target on the stock. Finally, Morgan Stanley raised Motorola Solutions from an “equal weight” rating to an “overweight” rating and set a $240.00 target price on the stock in a research report on Monday, May 23rd. Three equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $271.36.

In other Motorola Solutions news, CEO Gregory Q. Brown sold 100,000 shares of the company’s stock in a transaction on Monday, March 7th. The stock was sold at an average price of $218.02, for a total transaction of $21,802,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.85% of the company’s stock.

About Motorola Solutions (Get Rating)

Motorola Solutions, Inc provides mission critical communications and analytics in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation, and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.

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

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