As Altria Group (MO) Share Price Declined, Busey Trust Company Has Trimmed by $7.38 Million Its Position; Motorola Solutions (MSI) Share Price Rose While Smith Asset Management Group LP Trimmed Holding by $11.25 Million

June 22, 2018 - By Kurt Siggers

Motorola Solutions, Inc. (NYSE:MSI) Logo

Busey Trust Company decreased its stake in Altria Group Inc (MO) by 90.93% based on its latest 2018Q1 regulatory filing with the SEC. Busey Trust Company sold 119,033 shares as the company’s stock declined 14.98% with the market. The institutional investor held 11,880 shares of the farming and seeds and milling company at the end of 2018Q1, valued at $741,000, down from 130,913 at the end of the previous reported quarter. Busey Trust Company who had been investing in Altria Group Inc for a number of months, seems to be less bullish one the $107.40B market cap company. The stock decreased 0.11% or $0.06 during the last trading session, reaching $56.69. About 6.18 million shares traded. Altria Group, Inc. (NYSE:MO) has declined 24.97% since June 22, 2017 and is downtrending. It has underperformed by 37.54% the S&P500. Some Historical MO News: 09/04/2018 – Fitch: Altria Ratings Apply to About $14 Billion of Total Outstanding Debt at End of 2017; 20/03/2018 – ALTRIA UNIT’S APPLICATION TO FDA FOR COPENHAGEN® SNUFF FINE CUT; 16/05/2018 – Altria May Face Pressure, Industry Posts 9th Straight Drop; 17/05/2018 – ALTRIA GROUP INC – ANNOUNCES EXPANSION OF ITS $1 BLN SHARE REPURCHASE PROGRAM TO $2 BLN,; 26/04/2018 – Altria 1Q Adj EPS 95c; 15/05/2018 – Valinor Adds VICI Properties Inc., Exits Altria: 13F; 13/03/2018 Baseball News Source: Altria Group Inc $MO Announces Dividend Increase – $0.70 Per Share; 26/04/2018 – ALTRIA GROUP INC MO.N REAFFIRMS FY 2018 ADJUSTED SHR VIEW $3.90 TO $4.03; 26/04/2018 – Altria Earnings Beat Even As Cigarette Sales Decline Further — MarketWatch; 26/04/2018 – Altria 1Q Rev $6.11B

Smith Asset Management Group Lp decreased its stake in Motorola Solutions Inc (MSI) by 38.86% based on its latest 2018Q1 regulatory filing with the SEC. Smith Asset Management Group Lp sold 107,141 shares as the company’s stock rose 3.51% while stock markets declined. The hedge fund held 168,579 shares of the technology company at the end of 2018Q1, valued at $17.75 million, down from 275,720 at the end of the previous reported quarter. Smith Asset Management Group Lp who had been investing in Motorola Solutions Inc for a number of months, seems to be less bullish one the $18.98 billion market cap company. The stock increased 0.93% or $1.08 during the last trading session, reaching $117.05. About 849,954 shares traded. Motorola Solutions, Inc. (NYSE:MSI) has risen 34.40% since June 22, 2017 and is uptrending. It has outperformed by 21.83% the S&P500. Some Historical MSI News: 24/04/2018 – RadioResource: Chilean Copper Mine Contracts Motorola for P25 Network Management, Monitoring; 28/03/2018 – Motorola Solutions Completes Acquisition Of Avigilon AVO.T; 03/05/2018 – MOTOROLA SOLUTIONS RAISES FULL-YEAR REVENUE AND EARNINGS VIEW; 23/04/2018 – MOTOROLA SOLUTIONS AUSTRALIA – WILL EXPAND AND UPGRADE RADIO NETWORK SERVING VICTORIA POLICE, AMBULANCE VICTORIA AND METROPOLITAN FIRE BRIGADE; 28/03/2018 – MOTOROLA SOLUTIONS INC – SAMUEL C. SCOTT WILL NOT STAND FOR RE-ELECTION AT 2019 ANNUAL MEETING; 03/05/2018 – Motorola Solutions Sees 2Q Adj EPS $1.34-Adj EPS $1.39; 28/03/2018 – MSI SAYS SAMUEL SCOTT WON’T STAND FOR BOARD RE-ELECTION; 09/05/2018 – MOTOROLA SOLUTIONS GETS TETRA RADIO TENDER IN GERMANY; 19/04/2018 – Motorola Solutions to Issue First-Quarter 2018 Earnings Results on May 3; 17/05/2018 – REG-Biocartis Group NV: Two Performance Studies on ldylla(TM) MSI Biomarkers Selected for Publication at ASCO Conference

Busey Trust Company, which manages about $948.60M US Long portfolio, upped its stake in Schwab (Charles) Corp (NYSE:SCHW) by 27,907 shares to 165,777 shares, valued at $8.66M in 2018Q1, according to the filing. It also increased its holding in Lyondellbasell (NYSE:LYB) by 10,039 shares in the quarter, for a total of 57,566 shares, and has risen its stake in Blackrock (IVW).

Analysts await Altria Group, Inc. (NYSE:MO) to report earnings on July, 26. They expect $1.01 earnings per share, up 18.82% or $0.16 from last year’s $0.85 per share. MO’s profit will be $1.91B for 14.03 P/E if the $1.01 EPS becomes a reality. After $0.95 actual earnings per share reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts 6.32% EPS growth.

More notable recent Altria Group, Inc. (NYSE:MO) news were published by: Seekingalpha.com which released: “Can Altria Survive US Government Regulations?” on May 29, 2018, also Fool.com with their article: “Better Buy: Altria Group vs. Verizon” published on June 17, 2018, Fool.com published: “Could Altria Be a Millionaire-Maker Stock?” on May 27, 2018. More interesting news about Altria Group, Inc. (NYSE:MO) were released by: Seekingalpha.com and their article: “Altria – A $62 Discount Cash Flow Valuation” published on May 31, 2018 as well as Seekingalpha.com‘s news article titled: “Shares Of Altria Are A Buy” with publication date: June 11, 2018.

Investors sentiment decreased to 0.73 in Q1 2018. Its down 0.20, from 0.93 in 2017Q4. It dived, as 88 investors sold MO shares while 562 reduced holdings. 100 funds opened positions while 372 raised stakes. 1.16 billion shares or 0.04% more from 1.16 billion shares in 2017Q4 were reported. Moreover, Hendershot Investments has 0.19% invested in Altria Group, Inc. (NYSE:MO). Cannell Peter B And Co holds 37,004 shares or 0.09% of its portfolio. Putnam Fl Inv Mngmt reported 5,669 shares stake. Cap Ww, California-based fund reported 55.48M shares. First Republic Mgmt stated it has 383,959 shares. Fincl Mngmt Professionals reported 3,440 shares. M invested in 16,225 shares. Sumitomo Mitsui Asset Mngmt Ltd, a Japan-based fund reported 330,154 shares. Ct Mason has 12,029 shares. New Hampshire-based D L Carlson Invest Gp has invested 1.56% in Altria Group, Inc. (NYSE:MO). Union Retail Bank Corp owns 11,393 shares. Shelton Capital Mngmt holds 0.09% or 22,130 shares in its portfolio. Clinton Gp has 0.03% invested in Altria Group, Inc. (NYSE:MO) for 3,781 shares. Country Club Tru Company Na reported 3,705 shares stake. Moreover, Triangle Securities Wealth Mngmt has 0.38% invested in Altria Group, Inc. (NYSE:MO).

Among 20 analysts covering Altria Group Inc. (NYSE:MO), 16 have Buy rating, 0 Sell and 4 Hold. Therefore 80% are positive. Altria Group Inc. had 65 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Equal-Weight” on Wednesday, April 18. The stock of Altria Group, Inc. (NYSE:MO) has “Hold” rating given on Tuesday, September 26 by Jefferies. Cowen & Co maintained the shares of MO in report on Monday, January 8 with “Buy” rating. The company was downgraded on Wednesday, April 18 by Citigroup. The stock has “Buy” rating by Stifel Nicolaus on Monday, July 17. The stock of Altria Group, Inc. (NYSE:MO) earned “Hold” rating by Cowen & Co on Friday, July 7. Stifel Nicolaus maintained the shares of MO in report on Monday, June 27 with “Buy” rating. The rating was upgraded by RBC Capital Markets on Monday, July 31 to “Sector Perform”. Berenberg initiated Altria Group, Inc. (NYSE:MO) on Tuesday, June 14 with “Buy” rating. The firm has “Sell” rating given on Monday, May 29 by RBC Capital Markets.

Since February 7, 2018, it had 1 insider purchase, and 4 insider sales for $1.52 million activity. SURGNER W HILDEBRANDT JR also sold $199,488 worth of Altria Group, Inc. (NYSE:MO) shares. Johnson Craig A. also sold $995,734 worth of Altria Group, Inc. (NYSE:MO) shares. Quigley Brian W. had sold 3,464 shares worth $216,154 on Friday, March 2. Another trade for 6,500 shares valued at $410,313 was made by Dillard James E III on Friday, February 9.

More news for Motorola Solutions, Inc. (NYSE:MSI) were recently published by: Nasdaq.com, which released: “Factors of Influence in 2018, Key Indicators and Opportunity within Regency Centers, Motorola Solutions, California …” on June 12, 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.

Among 19 analysts covering Motorola Solutions (NYSE:MSI), 13 have Buy rating, 1 Sell and 5 Hold. Therefore 68% are positive. Motorola Solutions had 53 analyst reports since August 6, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Wednesday, February 24 by Macquarie Research. The company was downgraded on Friday, September 11 by Wells Fargo. As per Monday, June 20, the company rating was initiated by Citigroup. BMO Capital Markets maintained the shares of MSI in report on Thursday, June 22 with “Buy” rating. The stock has “Outperform” rating by BMO Capital Markets on Friday, May 4. The rating was downgraded by Bernstein on Tuesday, January 5 to “Mkt Perform”. The stock has “Buy” rating by Jefferies on Friday, February 2. The stock of Motorola Solutions, Inc. (NYSE:MSI) earned “Buy” rating by Goldman Sachs on Thursday, June 30. Jefferies maintained Motorola Solutions, Inc. (NYSE:MSI) rating on Wednesday, October 4. Jefferies has “Buy” rating and $105.0 target. On Tuesday, May 30 the stock rating was upgraded by Northcoast to “Buy”.

Analysts await Motorola Solutions, Inc. (NYSE:MSI) to report earnings on August, 2. They expect $1.31 EPS, up 23.58% or $0.25 from last year’s $1.06 per share. MSI’s profit will be $212.40 million for 22.34 P/E if the $1.31 EPS becomes a reality. After $1.02 actual EPS reported by Motorola Solutions, Inc. for the previous quarter, Wall Street now forecasts 28.43% EPS growth.

Since January 9, 2018, it had 0 buys, and 5 insider sales for $47.82 million activity. 187,000 Motorola Solutions, Inc. (NYSE:MSI) shares with value of $20.33 million were sold by BROWN GREGORY Q. HACKER MARK S. sold $704,045 worth of stock or 7,411 shares.

Investors sentiment increased to 1.11 in Q1 2018. Its up 0.08, from 1.03 in 2017Q4. It increased, as 39 investors sold MSI 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. Schwab Charles Management has 0.06% invested in Motorola Solutions, Inc. (NYSE:MSI). Blair William And Il owns 13,698 shares. Lpl Llc owns 8,856 shares or 0% of their US portfolio. Automobile Association invested 0.03% of its portfolio in Motorola Solutions, Inc. (NYSE:MSI). Beck Mack Oliver Limited Liability Company stated it has 0.01% in Motorola Solutions, Inc. (NYSE:MSI). Koch Industrial holds 6,543 shares or 0.07% of its portfolio. Smith Asset Mngmt Grp Lp reported 168,579 shares. Twin Cap Mgmt Inc has 10,628 shares. Ibm Retirement Fund holds 3,606 shares. State Treasurer State Of Michigan has 0.04% invested in Motorola Solutions, Inc. (NYSE:MSI) for 47,723 shares. Cleararc has 0.07% invested in Motorola Solutions, Inc. (NYSE:MSI). Asset Mngmt One Limited reported 256,714 shares stake. State Of Tennessee Treasury Department has 76,095 shares for 0.04% of their portfolio. Moreover, Lazard Asset Management Ltd has 1.27% invested in Motorola Solutions, Inc. (NYSE:MSI) for 6.35M shares. Finance Architects has invested 0% in Motorola Solutions, Inc. (NYSE:MSI).

Smith Asset Management Group Lp, which manages about $2.91B and $3.04 billion US Long portfolio, upped its stake in Lockheed Martin Corp (NYSE:LMT) by 26,420 shares to 26,436 shares, valued at $8.93M in 2018Q1, according to the filing. It also increased its holding in Toronto Dominion Bank (NYSE:TD) by 7,000 shares in the quarter, for a total of 20,600 shares, and has risen its stake in Supernus Pharmaceuticals Inc (NASDAQ:SUPN).

Motorola Solutions, Inc. (NYSE:MSI) Institutional Positions Chart

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