After Reaching 52-Week High, Is Motorola Solutions, Inc. (MSI)’s Near-Term Analysis Positive?

June 14, 2018 - By Vivian Currie

Motorola Solutions, Inc. (NYSE:MSI) Logo

Investors sentiment increased to 1.11 in 2018 Q1. Its up 0.08, from 1.03 in 2017Q4. It increased, as 39 investors sold Motorola Solutions, Inc. shares while 155 reduced holdings. 69 funds opened positions while 147 raised stakes. 132.76 million shares or 0.99% more from 131.47 million shares in 2017Q4 were reported.
Cibc Ww Inc holds 10,273 shares. Boothbay Fund Limited Co holds 0.04% of its portfolio in Motorola Solutions, Inc. (NYSE:MSI) for 3,107 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Corporation has invested 0.43% in Motorola Solutions, Inc. (NYSE:MSI). Loring Wolcott & Coolidge Fiduciary Advisors Ltd Liability Partnership Ma accumulated 950 shares. Paloma Ptnrs Management Co stated it has 0.04% in Motorola Solutions, Inc. (NYSE:MSI). Williams Jones Assoc Limited Liability Company stated it has 0.01% of its portfolio in Motorola Solutions, Inc. (NYSE:MSI). Welch And Forbes Limited Co invested in 0.01% or 2,142 shares. Boston Ltd Liability Corporation owns 221,270 shares for 0.6% of their portfolio. 20,739 were reported by Mutual Of America Cap Mngmt Lc. Victory Cap Mngmt Inc holds 2.20M shares. Deutsche Bancorporation Ag reported 0.08% in Motorola Solutions, Inc. (NYSE:MSI). Foyston Gordon And Payne Inc has invested 3.32% of its portfolio in Motorola Solutions, Inc. (NYSE:MSI). Toronto Dominion Bancorp has 87,327 shares. Barclays Public Lc holds 0.02% or 247,933 shares. North Star Inv Mngmt, Illinois-based fund reported 106 shares.

Since January 9, 2018, it had 0 buys, and 5 sales for $47.82 million activity. Shares for $20.33M were sold by BROWN GREGORY Q on Thursday, March 8. Shares for $4.78M were sold by Wozniak John K.

The stock of Motorola Solutions, Inc. (NYSE:MSI) hit a new 52-week high and has $117.32 target or 3.00 % above today’s $113.90 share price. The 8 months bullish chart indicates low risk for the $18.47 billion company. The 1-year high was reported on Jun, 14 by Barchart.com. If the $117.32 price target is reached, the company will be worth $554.01M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.70% or $0.79 during the last trading session, reaching $113.9. About 821,521 shares traded. Motorola Solutions, Inc. (NYSE:MSI) has risen 34.40% since June 14, 2017 and is uptrending. It has outperformed by 21.83% the S&P500.

Analysts await Motorola Solutions, Inc. (NYSE:MSI) to report earnings on August, 2. They expect $1.31 EPS, up 23.58 % or $0.25 from last year’s $1.06 per share. MSI’s profit will be $212.39 million for 21.74 P/E if the $1.31 EPS becomes a reality. After $1.02 actual EPS reported by Motorola Solutions, Inc. for the previous quarter, Wall Street now forecasts 28.43 % EPS growth.

Motorola Solutions, Inc. (NYSE:MSI) Ratings Coverage

Among 12 analysts covering Motorola Solutions (NYSE:MSI), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Motorola Solutions had 16 analyst reports since January 12, 2018 according to SRatingsIntel. Jefferies maintained the shares of MSI in report on Friday, February 2 with “Buy” rating. The firm has “Hold” rating given on Friday, February 9 by J.P. Morgan. The stock of Motorola Solutions, Inc. (NYSE:MSI) has “Buy” rating given on Friday, February 2 by Northcoast. The rating was maintained by Northcoast with “Buy” on Wednesday, April 11. The firm has “Hold” rating given on Friday, February 2 by Cowen & Co. The stock of Motorola Solutions, Inc. (NYSE:MSI) earned “Buy” rating by Citigroup on Friday, March 9. The rating was maintained by BMO Capital Markets with “Buy” on Friday, February 2. Citigroup maintained it with “Buy” rating and $112 target in Wednesday, January 24 report. The rating was maintained by BMO Capital Markets with “Outperform” on Friday, May 4. Deutsche Bank upgraded Motorola Solutions, Inc. (NYSE:MSI) on Friday, January 12 to “Buy” rating.

More news for Motorola Solutions, Inc. (NYSE:MSI) were recently published by: Nasdaq.com, which released: “Factors of Influence in 2018, Key Indicators and Opportunity within Regency Centers, Motorola Solutions, California …” on June 12, 2018. Investingnews.com‘s article titled: “3 Cybersecurity ETFs for Investors” and published on June 14, 2018 is yet another important article.

Motorola Solutions, Inc. provides mission-critical communication infrastructure, devices, accessories, software, and services in North America, Latin America, the Asia Pacific, the Middle East, Europe, and Africa. The company has market cap of $18.47 billion. The firm operates in two divisions, Products and Services. It currently has negative earnings. 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.

Motorola Solutions, Inc. (NYSE:MSI) Institutional Positions Chart

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