Stock Mover of The Day: Will Motorola Solutions Inc Run Out of Steam Soon?

Stock Mover of The Day: Will Motorola Solutions Inc Run Out of Steam Soon?

The stock of Motorola Solutions Inc (NYSE:MSI) hit a new 52-week high and has $111.83 target or 37.00% above today’s $81.63 share price. The 5 months bullish chart indicates low risk for the $13.75 billion company. The 1-year high was reported on Nov, 16 by Barchart.com. If the $111.83 price target is reached, the company will be worth $5.09B 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. About 111,949 shares traded hands. Motorola Solutions Inc (NYSE:MSI) has risen 8.62% since April 14, 2016 and is uptrending. It has outperformed by 3.93% 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. On Monday, December 7 the stock rating was initiated by Jefferies with “Hold”. The firm earned “Neutral” rating on Wednesday, May 4 by Northcoast. The stock has “Hold” rating given by Deutsche Bank on Friday, December 4. As per Friday, September 11, the company rating was downgraded by Wells Fargo. JP Morgan reinitiated Motorola Solutions Inc (NYSE:MSI) rating on Tuesday, October 6. JP Morgan has “Neutral” rating and $69 price target. Goldman Sachs initiated Motorola Solutions Inc (NYSE:MSI) rating on Thursday, June 30. Goldman Sachs has “Buy” rating and $81 price target. Gabelli downgraded Motorola Solutions Inc (NYSE:MSI) rating on Monday, December 7. Gabelli has “Hold” rating and $73 price target. The stock of Motorola Solutions Inc (NYSE:MSI) has “Hold” rating given on Thursday, August 6 by Deutsche Bank. The firm earned “Outperform” rating on Tuesday, February 23 by Bernstein. The rating was initiated by Citigroup with “Neutral” on Monday, June 20.

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 turned negative, 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.
Euclid Limited Liability has 0% invested in the company for 730 shares. Atlantic Tru Gru Ltd Limited Liability Company accumulated 0% or 10,036 shares. Alliancebernstein L P accumulated 0.02% or 312,291 shares. Envestnet Asset Mngmt holds 82,405 shares or 0.02% of its portfolio. Hancock has invested 0.1% of its portfolio in Motorola Solutions Inc (NYSE:MSI). Acadian Asset Ltd Liability Company has 986 shares for 0% of their US portfolio. Gemmer Asset Management Ltd Com has invested 0% of its portfolio in Motorola Solutions Inc (NYSE:MSI). The Ohio-based Strs Ohio has invested 0.01% in Motorola Solutions Inc (NYSE:MSI). The New Jersey-based Kcg Holdg has invested 0.08% in Motorola Solutions Inc (NYSE:MSI). Quantum Capital Mgmt has invested 1.9% of its portfolio in Motorola Solutions Inc (NYSE:MSI). The Germany-based Commerzbank Aktiengesellschaft Fi has invested 0% in Motorola Solutions Inc (NYSE:MSI). Vantage Advsr has 0.01% invested in the company for 282 shares. Wealthtrust holds 216 shares or 0.01% of its portfolio. Raymond James & Associates has invested 0.13% of its portfolio in Motorola Solutions Inc (NYSE:MSI). First Mercantile Tru holds 0.46% of its portfolio in Motorola Solutions Inc (NYSE:MSI) for 55,502 shares.

Insider Transactions: Since May 17, 2016, the stock had 0 insider purchases, and 7 insider sales for $12.87 million net activity. 6,000 Motorola Solutions Inc (NYSE:MSI) shares with value of $438,008 were sold by Wozniak John K. MOLLOY JOHN P had sold 11,199 shares worth $830,297. BONANOTTE GINO A sold $1.11 million worth of Motorola Solutions Inc (NYSE:MSI) on Friday, August 26. $297,964 worth of shares were sold by CONRADO EDUARDO F on Thursday, May 26. $355,441 worth of Motorola Solutions Inc (NYSE:MSI) was sold by HACKER MARK S.. 10,416 shares were sold by BRDA BRUCE W, worth $812,377 on Tuesday, September 6. BROWN GREGORY Q sold 117,000 shares worth $9.02M.

More news for Motorola Solutions Inc (NYSE:MSI) were recently published by: Forbes.com, which released: “Motorola Solutions Becomes Oversold (MSI)” on November 03, 2016. Marketwatch.com‘s article titled: “Motorola Solutions’s earnings beat expectations” and published on November 03, 2016 is yet another important article.

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.

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