Folger Nolan Fleming Douglas Capital Management Inc. Has $450,000 Holdings in Motorola Solutions, Inc. (MSI)

Folger Nolan Fleming Douglas Capital Management Inc. maintained its position in shares of Motorola Solutions, Inc. (NYSE:MSI) during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 5,191 shares of the communications equipment provider’s stock at the end of the 2nd quarter. Folger Nolan Fleming Douglas Capital Management Inc.’s holdings in Motorola Solutions were worth $450,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Cleararc Capital Inc. increased its stake in shares of Motorola Solutions by 0.5% in the 1st quarter. Cleararc Capital Inc. now owns 4,046 shares of the communications equipment provider’s stock worth $349,000 after purchasing an additional 22 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in Motorola Solutions by 0.3% in the 2nd quarter. Janney Montgomery Scott LLC now owns 10,408 shares of the communications equipment provider’s stock worth $903,000 after buying an additional 34 shares during the period. Signaturefd LLC boosted its holdings in Motorola Solutions by 1.3% in the 1st quarter. Signaturefd LLC now owns 3,317 shares of the communications equipment provider’s stock worth $286,000 after buying an additional 42 shares during the period. Pitcairn Co. boosted its holdings in Motorola Solutions by 0.5% in the 2nd quarter. Pitcairn Co. now owns 8,990 shares of the communications equipment provider’s stock worth $779,000 after buying an additional 42 shares during the period. Finally, Capital Investment Advisors LLC boosted its holdings in Motorola Solutions by 1.5% in the 2nd quarter. Capital Investment Advisors LLC now owns 3,091 shares of the communications equipment provider’s stock worth $268,000 after buying an additional 46 shares during the period. Hedge funds and other institutional investors own 87.70% of the company’s stock.

In related news, EVP Bruce W. Brda sold 25,299 shares of the business’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $89.11, for a total transaction of $2,254,393.89. Following the transaction, the executive vice president now directly owns 23,829 shares in the company, valued at $2,123,402.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Eduardo F. Conrado sold 6,998 shares of the business’s stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $89.13, for a total transaction of $623,731.74. Following the transaction, the executive vice president now owns 22,858 shares in the company, valued at $2,037,333.54. The disclosure for this sale can be found here. Insiders own 2.50% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Folger Nolan Fleming Douglas Capital Management Inc. Has $450,000 Holdings in Motorola Solutions, Inc. (MSI)” was posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this report on another website, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The legal version of this report can be accessed at https://www.chaffeybreeze.com/2017/09/15/folger-nolan-fleming-douglas-capital-management-inc-has-450000-holdings-in-motorola-solutions-inc-msi.html.

Shares of Motorola Solutions, Inc. (MSI) traded up 0.56% on Friday, hitting $85.05. 362,780 shares of the company were exchanged. Motorola Solutions, Inc. has a 52-week low of $71.24 and a 52-week high of $93.75. The stock has a market capitalization of $13.83 billion, a PE ratio of 22.43 and a beta of 0.33. The firm’s 50-day moving average is $87.92 and its 200-day moving average is $85.68.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Thursday, August 3rd. The communications equipment provider reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.99 by $0.07. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.46 billion. Motorola Solutions had a net margin of 10.38% and a negative return on equity of 93.44%. Motorola Solutions’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.03 earnings per share. Equities research analysts predict that Motorola Solutions, Inc. will post $5.29 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, September 15th will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.88 dividend on an annualized basis and a yield of 2.22%. Motorola Solutions’s payout ratio is presently 49.60%.

MSI has been the subject of several recent analyst reports. Zacks Investment Research raised shares of Motorola Solutions from a “hold” rating to a “buy” rating and set a $97.00 target price for the company in a report on Tuesday, August 29th. BMO Capital Markets upped their target price on shares of Motorola Solutions from $95.00 to $102.00 and gave the stock an “outperform” rating in a report on Friday, August 4th. BidaskClub raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, June 27th. ValuEngine downgraded shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Tuesday, August 22nd. Finally, Jefferies Group LLC reaffirmed a “buy” rating on shares of Motorola Solutions in a report on Thursday, August 31st. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. Motorola Solutions currently has an average rating of “Buy” and an average price target of $94.08.

Motorola Solutions 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.

Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSI).

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

Receive News & Ratings for Motorola Solutions Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply