What’s Ahead for Motorola Solutions, Inc. (MSI) After Making 52-Week High?

June 20, 2018 - By Clifton Ray

Motorola Solutions, Inc. (NYSE:MSI) Logo

Investors sentiment increased to 1.11 in Q1 2018. Its up 0.08, from 1.03 in 2017Q4. It improved, 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.
The Ontario – Canada-based Omers Administration Corporation has invested 0.05% in Motorola Solutions, Inc. (NYSE:MSI). North Star Invest Mngmt Corporation holds 106 shares or 0% of its portfolio. Guggenheim Ltd Liability owns 802,806 shares for 0.21% of their portfolio. Sumitomo Mitsui Asset Management Comm has invested 0.02% in Motorola Solutions, Inc. (NYSE:MSI). First Advsrs Lp stated it has 0.04% of its portfolio in Motorola Solutions, Inc. (NYSE:MSI). Atria Invs Ltd Liability Corporation has invested 0.04% in Motorola Solutions, Inc. (NYSE:MSI). Cibc Bank Usa has 0.11% invested in Motorola Solutions, Inc. (NYSE:MSI) for 7,773 shares. Sol Management Comm holds 0.07% of its portfolio in Motorola Solutions, Inc. (NYSE:MSI) for 2,353 shares. Bkd Wealth Advsrs Ltd Llc holds 4,143 shares or 0.04% of its portfolio. Sei Invs holds 0.07% or 182,677 shares in its portfolio. Great West Life Assurance Can has invested 0.06% in Motorola Solutions, Inc. (NYSE:MSI). Grantham Mayo Van Otterloo Co Ltd Liability Co has 39,800 shares. Aviva Public Limited Company owns 83,374 shares. Dekabank Deutsche Girozentrale owns 625,358 shares. 491,042 were accumulated by Mitsubishi Ufj & Banking Corporation.

Since January 9, 2018, it had 0 insider buys, and 5 selling transactions for $47.82 million activity. HACKER MARK S. sold 7,411 shares worth $704,045. BROWN GREGORY Q sold 185,000 shares worth $20.18M.

The stock of Motorola Solutions, Inc. (NYSE:MSI) hit a new 52-week high and has $124.16 target or 7.00 % above today’s $116.04 share price. The 9 months bullish chart indicates low risk for the $18.81 billion company. The 1-year high was reported on Jun, 20 by Barchart.com. If the $124.16 price target is reached, the company will be worth $1.32 billion 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 0.21% or $0.24 during the last trading session, reaching $116.04. About 505,880 shares traded. Motorola Solutions, Inc. (NYSE:MSI) has risen 34.40% since June 20, 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 earnings per share, up 23.58 % or $0.25 from last year’s $1.06 per share. MSI’s profit will be $212.40 million for 22.15 P/E if the $1.31 EPS becomes a reality. After $1.02 actual earnings per share 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. Deutsche Bank maintained Motorola Solutions, Inc. (NYSE:MSI) on Thursday, March 1 with “Buy” rating. The firm has “Buy” rating given on Friday, March 9 by Citigroup. The stock of Motorola Solutions, Inc. (NYSE:MSI) has “Buy” rating given on Friday, January 12 by Deutsche Bank. As per Friday, February 2, the company rating was maintained by Cowen & Co. J.P. Morgan initiated it with “Hold” rating and $115.0 target in Friday, February 9 report. Northcoast maintained the stock with “Buy” rating in Wednesday, April 11 report. The stock has “Buy” rating by Citigroup on Wednesday, January 24. The firm has “Buy” rating given on Friday, February 2 by Jefferies. BMO Capital Markets maintained Motorola Solutions, Inc. (NYSE:MSI) on Friday, May 4 with “Outperform” rating. Northcoast maintained the stock with “Buy” rating in Friday, February 2 report.

More news for Motorola Solutions, Inc. (NYSE:MSI) were recently published by: Prnewswire.com, which released: “Increasing Global Purchasing Power is Leading to Electronics-market Boom” on June 19, 2018. Streetinsider.com‘s article titled: “Motorola Solutions Inc. (MSI) PT Raised to $135 at Deutsche Bank” and published on June 19, 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 $18.81 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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