Motorola Solutions (NYSE:MSI).
Raymond James & Associates reports that it bought 3,710 shares last quarter increasing its stake in Motorola Solutions (MSI) by 0.8%. Its investment stood at $38,519,000 a decrease of 1.3% according to the filing.
The following firms have recently changed their position in MSI. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS bolstered its stake by buying 1,083 shares an increase of 8.9%. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS now controls 13,228 shares worth $1,123,000. The value of the position overall is up by 6.6%. Marshall Wace LLP added to its investment by buying 15,468 shares an increase of 107.4% in the quarter. Marshall Wace LLP controls 29,873 shares with a value of $2,539,000. The total value of its holdings increased 102.6%.
As of quarter end First Mercantile Trust Co had disposed of 5,120 shares trimming its stake by 13.5%. The value of the total investment in Motorola Solutions went from $3,293,000 to $2,787,000 a change of $506,000 since the last quarter.
Jefferies Group LLC raised the price target on November 3 changing the forecast from $105.00 to $110.00 with a rating of “Buy”.
October 6 investment analysts at Jefferies Group LLC maintained a company rating of “Buy” targeting a price of $105.00. On August 31, 2017 Jefferies Group LLC reiterated a “Buy” rating on the company.
On August 22 Jefferies Group LLC kept the company rating at “Buy” projecting a price of $105.00. On August 9 Jefferies Group LLC kept the stock rating at “Buy” with a current price target of $105.00.
The company is trading down from yesterday’s close of 91.02. The company currently has a P/E ratio of 23.25 and the market cap is 14.72B. As of the last earnings report the EPS was $3.91 with 162.00M shares currently outstanding.
Investors are feeling more bullish on Motorola Solutions of late as indicated by the fall in short interest. The stock recorded a fall in short interest of -6.52% between September 29, 2017 and October 13, 2017. Short interest decreased 570,606 over that period. The short-interest ratio decreased to 10.0 and the percentage of shorted shares is 0.05% as of October 13.