In today’s session Motorola Solutions Inc (MSI) recorded an unusually high (517) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious MSI decrease. With 517 contracts traded and 9774 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: MSI161118P00072500 closed last at: $2.26 or 1.3% up. About 288,818 shares traded hands. Motorola Solutions Inc (NYSE:MSI) has declined 4.46% since March 31, 2016 and is downtrending. It has underperformed by 6.99% the S&P500.
Motorola Solutions Inc (NYSE:MSI) Ratings Coverage
Out of 12 analysts covering Motorola Solutions (NYSE:MSI), 5 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 42% are positive. Motorola Solutions has been the topic of 19 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Northcoast downgraded the shares of MSI in a report on Wednesday, May 4 to “Neutral” rating. The stock of Motorola Solutions Inc (NYSE:MSI) earned “Outperform” rating by BMO Capital Markets on Wednesday, October 12. The stock of Motorola Solutions Inc (NYSE:MSI) earned “Mkt Perform” rating by Bernstein on Tuesday, January 5. Deutsche Bank maintained the shares of MSI in a report on Friday, December 4 with “Hold” rating. The company was maintained on Thursday, February 25 by Argus Research. The firm has “Hold” rating by Jefferies given on Monday, December 7. Citigroup initiated Motorola Solutions Inc (NYSE:MSI) on Monday, June 20 with “Neutral” rating. The company was downgraded on Friday, September 11 by Wells Fargo. The rating was initiated by Macquarie Research on Thursday, October 22 with “Underperform”. JP Morgan reinitiated Motorola Solutions Inc (NYSE:MSI) on Tuesday, October 6 with “Neutral” rating.
According to Zacks Investment Research, “Motorola Solutions is engaged in providing communication equipments, software and services. It focuses on providing public safety communications ranging from infrastructure to applications and devices. The Company operates its business through two divisions: Government and Enterprise. The Enterprise segment is focused on mobile computing systems, advance data capture and wireless networks. The Government segment makes radio systems, radio devices and control centers for governments around the world. Products offered by the Company include devices, networks, systems, accessories, software and services.”
Insitutional Activity: The institutional sentiment decreased to 1.17 in 2016 Q2. Its down 0.12, from 1.29 in 2016Q1. The ratio worsened, as 39 funds sold all Motorola Solutions Inc shares owned while 148 reduced positions. 47 funds bought stakes while 172 increased positions. They now own 132.02 million shares or 7.13% less from 142.16 million shares in 2016Q1.
Wells Fargo Communications Mn holds 0.09% or 3.58M shares in its portfolio. Cornerstone Holdings Limited Liability Corporation holds 0.07% of its portfolio in Motorola Solutions Inc (NYSE:MSI) for 122,704 shares. Thompson Davis And Company accumulated 357 shares or 0.04% of the stock. North Star Inv Mgmt has invested 0% of its portfolio in Motorola Solutions Inc (NYSE:MSI). Lord Abbett Limited Liability Corporation last reported 1.14 million shares in the company. Bnp Paribas Arbitrage Sa last reported 0.01% of its portfolio in the stock. Vanguard Grp Inc Inc holds 0.05% or 12.38M shares in its portfolio. Highbridge Capital Mngmt Ltd Liability owns 140,843 shares or 0.15% of their US portfolio. Quantitative Inv Mgmt has invested 0.25% of its portfolio in Motorola Solutions Inc (NYSE:MSI). Toronto Dominion Commercial Bank has 0% invested in the company for 884 shares. Art Limited Liability Com has 0.05% invested in the company for 15,960 shares. Silvercrest Asset Mngmt Group Limited Liability Company has 6,303 shares for 0.01% of their US portfolio. The Connecticut-based Northcoast Asset has invested 1.82% in Motorola Solutions Inc (NYSE:MSI). Guggenheim Cap Limited Com has 0.1% invested in the company for 497,123 shares. Norinchukin National Bank & Trust The accumulated 27,708 shares or 0.04% of the stock.
Insider Transactions: Since May 10, 2016, the stock had 0 insider buys, and 10 insider sales for $13.96 million net activity. CONRADO EDUARDO F sold 4,300 shares worth $297,964. BRDA BRUCE W also sold $908,753 worth of Motorola Solutions Inc (NYSE:MSI) on Tuesday, May 10. On Friday, August 26 the insider BROWN GREGORY Q sold $9.02 million. Shares for $830,297 were sold by MOLLOY JOHN P. $438,008 worth of Motorola Solutions Inc (NYSE:MSI) shares were sold by Wozniak John K. 4,620 shares with value of $355,441 were sold by HACKER MARK S. on Wednesday, August 24. $1.11M worth of Motorola Solutions Inc (NYSE:MSI) was sold by BONANOTTE GINO A.
Motorola Solutions, Inc. is a provider of communication infrastructure, devices, accessories, software and services. The company has a market cap of $12.01 billion. The Firm operates through two divisions: Products and Services. It has a 25.13 P/E ratio. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software.
MSI Company Profile
Motorola Solutions, Inc. (Motorola Solutions), incorporated on March 9, 1973, is a well-known provider of communication infrastructure, devices, accessories, software and services. The Firm operates through two divisions: Products and Services. The Firm addresses the communication needs of government agencies, state and local public safety and first-responder agencies, and commercial and industrial clients utilizing private communications networks and manages a mobile workforce. The Company’s serves global customer base spanning federal, state, county, province, territory, municipal, and departmental independent bodies, along with its commercial and industrial customers. It serves its clients with a global footprint of sales in approximately 100 countries.
Another recent and important Motorola Solutions Inc (NYSE:MSI) news was published by Forbes.com which published an article titled: “Ex-Dividend Reminder: Motorola Solutions, KBR and Knoll” on September 09, 2016.
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