13F Action: Motorola Solutions INC (MSI) Shareholder Marlowe Partners LP Has Lowered Position as Stock Value Rose

13F Action: Motorola Solutions INC (MSI) Shareholder Marlowe Partners LP Has Lowered Position as Stock Value Rose

Marlowe Partners Lp decreased its stake in Motorola Solutions Inc (MSI) by 39.5% based on its latest 2016Q3 regulatory filing with the SEC. Marlowe Partners Lp sold 114,560 shares as the company’s stock rose 15.56% with the market. The institutional investor held 175,457 shares of the technology company at the end of 2016Q3, valued at $13.38 million, down from 290,017 at the end of the previous reported quarter. Marlowe Partners Lp who had been investing in Motorola Solutions Inc for a number of months, seems to be less bullish one the $13.65B market cap company. The stock closed at $82.63 during the last session. It is down 21.23% since June 7, 2016 and is uptrending. It has outperformed by 13.81% the S&P500.

Marlowe Partners Lp, which manages about $193.06 million and $136.79 million US Long portfolio, upped its stake in Zayo Group Hldgs Inc (NYSE:ZAYO) by 211,472 shares to 1.86M shares, valued at $55.13 million in 2016Q3, according to the filing.

Marlowe Partners Lp is a New York-based institutional investor with more than $193.06 million AUM in May, 2014. Taken from Marlowe Partners latest Adv, the fund reported to have 8 full and part-time employees. Among which 5 performing investment advisory and research functions. The institutional investor had between 1-10 clients.

Insitutional Activity: The institutional sentiment decreased to 1.04 in Q3 2016. Its down 0.13, from 1.17 in 2016Q2. The ratio worsened, as 36 funds sold all MSI shares owned while 158 reduced positions. 51 funds bought stakes while 151 increased positions. They now own 129.11 million shares or 2.20% less from 132.02 million shares in 2016Q2. Manchester Capital Management Ltd Liability Corp holds 2,576 shares or 0.03% of its portfolio. Old Mutual Customised Solutions (Proprietary) Limited holds 0.06% of its portfolio in Motorola Solutions Inc (NYSE:MSI) for 2,600 shares. Moreover, Utah Retirement Sys has 0.06% invested in Motorola Solutions Inc (NYSE:MSI) for 31,969 shares. Springbok Capital Mgmt Llc, a New York-based fund reported 360 shares. Deutsche Savings Bank Ag reported 915,834 shares or 0.05% of all its holdings. Creative Planning has invested 0% of its portfolio in Motorola Solutions Inc (NYSE:MSI). Cypress Capital Mgmt Ltd (Wy) holds 0% of its portfolio in Motorola Solutions Inc (NYSE:MSI) for 34 shares. Johnson Group Incorporated has 0.01% invested in the company for 961 shares. Duncker Streett Co accumulated 6 shares or 0% of the stock. Stifel Fincl holds 0.02% or 54,064 shares in its portfolio. Orbis Investment Mgmt (Us) Lc, a California-based fund reported 123,716 shares. Advisory Net Limited holds 0% of its portfolio in Motorola Solutions Inc (NYSE:MSI) for 85 shares. State Board Of Administration Of Florida Retirement Systems reported 262,000 shares or 0.06% of all its holdings. Commerzbank Aktiengesellschaft Fi holds 0.02% or 16,414 shares in its portfolio. Agf Investments holds 0% or 100 shares in its portfolio.

Insider Transactions: Since August 5, 2016, the stock had 0 insider purchases, and 7 sales for $20.42 million net activity. 6,000 shares were sold by Wozniak John K, worth $438,008. 117,000 shares were sold by BROWN GREGORY Q, worth $9.02M on Friday, August 26. $830,297 worth of Motorola Solutions Inc (NYSE:MSI) shares were sold by MOLLOY JOHN P. 10,416 shares were sold by BRDA BRUCE W, worth $812,377 on Tuesday, September 6. BONANOTTE GINO A had sold 14,428 shares worth $1.11 million on Friday, August 26. HACKER MARK S. sold $355,441 worth of Motorola Solutions Inc (NYSE:MSI) on Wednesday, August 24.

Analysts await Motorola Solutions Inc (NYSE:MSI) to report earnings on February, 27. They expect $1.79 EPS, up 19.33% or $0.29 from last year’s $1.5 per share. MSI’s profit will be $295.70 million for 11.54 P/E if the $1.79 EPS becomes a reality. After $1.30 actual EPS reported by Motorola Solutions Inc for the previous quarter, Wall Street now forecasts 37.69% EPS growth.

More notable recent Motorola Solutions Inc (NYSE:MSI) news were published by: Finance.Yahoo.com which released: “MSI : Summary for Motorola Solutions, Inc. Common – Yahoo Finance” on February 23, 2016, also Equitiesfocus.com with their article: “Motorola Solutions, Inc. (NYSE:MSI) Specifies Dividend Payout At $0.47” published on January 10, 2017, Forbes.com published: “Ex-Dividend Reminder: Xerox, BCE and Motorola Solutions” on December 09, 2016. More interesting news about Motorola Solutions Inc (NYSE:MSI) were released by: Chicagotribune.com and their article: “Motorola Solutions beats on earnings, revenue in Q2” published on August 04, 2016 as well as Chicagotribune.com‘s news article titled: “Motorola Solutions cuts 200 jobs” with publication date: November 23, 2016.

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.”

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. The company was downgraded on Monday, December 7 by Gabelli. The stock of Motorola Solutions Inc (NYSE:MSI) earned “Neutral” rating by JP Morgan on Tuesday, October 6. The firm has “Outperform” rating by BMO Capital Markets given on Wednesday, October 12. The stock of Motorola Solutions Inc (NYSE:MSI) earned “Buy” rating by Goldman Sachs on Thursday, June 30. The stock of Motorola Solutions Inc (NYSE:MSI) earned “Neutral” rating by Northcoast on Wednesday, May 4. Citigroup initiated the stock with “Neutral” rating in Monday, June 20 report. As per Friday, September 11, the company rating was downgraded by Wells Fargo. The rating was initiated by Jefferies on Monday, December 7 with “Hold”. Deutsche Bank maintained the stock with “Hold” rating in Friday, December 4 report. Bernstein downgraded Motorola Solutions Inc (NYSE:MSI) on Tuesday, January 5 to “Mkt Perform” rating.

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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