Geneos Wealth Management Inc. Raises Holdings in Motorola Solutions, Inc. (NYSE:MSI)

Geneos Wealth Management Inc. raised its holdings in shares of Motorola Solutions, Inc. (NYSE:MSIGet Rating) by 19.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,323 shares of the communications equipment provider’s stock after purchasing an additional 2,156 shares during the period. Geneos Wealth Management Inc.’s holdings in Motorola Solutions were worth $3,226,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in MSI. Benjamin F. Edwards & Company Inc. boosted its stake in Motorola Solutions by 104.2% during the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 145 shares of the communications equipment provider’s stock valued at $35,000 after purchasing an additional 74 shares during the last quarter. Delos Wealth Advisors LLC purchased a new stake in Motorola Solutions during the 4th quarter valued at $36,000. Quent Capital LLC purchased a new position in shares of Motorola Solutions in the 4th quarter worth $46,000. Rosenberg Matthew Hamilton boosted its stake in shares of Motorola Solutions by 49.6% in the 1st quarter. Rosenberg Matthew Hamilton now owns 205 shares of the communications equipment provider’s stock worth $50,000 after buying an additional 68 shares during the last quarter. Finally, DeDora Capital Inc. purchased a new position in shares of Motorola Solutions in the 1st quarter worth $51,000. 83.96% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MSI has been the topic of a number of research reports. Cowen raised their price target on Motorola Solutions to $311.00 in a research note on Tuesday, August 9th. Credit Suisse Group raised their price target on Motorola Solutions to $301.00 in a research note on Tuesday, August 9th. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Friday, August 5th. Barclays raised their price target on Motorola Solutions to $305.00 in a research note on Tuesday, August 9th. Finally, Morgan Stanley upgraded Motorola Solutions from an “equal weight” rating to an “overweight” rating and set a $240.00 price target on the stock in a research note on Monday, May 23rd. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $287.11.

Motorola Solutions Stock Performance

Shares of Motorola Solutions stock opened at $253.51 on Tuesday. Motorola Solutions, Inc. has a one year low of $195.18 and a one year high of $273.65. The stock’s fifty day moving average is $237.26 and its 200 day moving average is $226.32. The stock has a market cap of $42.41 billion, a P/E ratio of 36.58, a P/E/G ratio of 3.06 and a beta of 0.91.

Motorola Solutions (NYSE:MSIGet Rating) last posted its quarterly earnings results on Thursday, August 4th. The communications equipment provider reported $2.07 EPS for the quarter, beating analysts’ consensus estimates of $1.87 by $0.20. The business had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $2.06 billion. Motorola Solutions had a negative return on equity of 571.78% and a net margin of 14.22%. The business’s quarterly revenue was up 8.6% on a year-over-year basis. During the same period last year, the firm earned $1.94 earnings per share. Analysts predict that Motorola Solutions, Inc. will post 9.09 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 14th. Shareholders of record on Thursday, September 15th will be issued a dividend of $0.79 per share. The ex-dividend date is Wednesday, September 14th. This represents a $3.16 dividend on an annualized basis and a yield of 1.25%. Motorola Solutions’s dividend payout ratio is presently 45.60%.

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, CEO Gregory Q. Brown sold 100,000 shares of the firm’s stock in a transaction dated Friday, August 12th. The stock was sold at an average price of $254.14, for a total transaction of $25,414,000.00. Following the sale, the chief executive officer now directly owns 70,308 shares of the company’s stock, valued at $17,868,075.12. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, CEO Gregory Q. Brown sold 100,000 shares of the firm’s stock in a transaction dated Friday, August 12th. The stock was sold at an average price of $254.14, for a total transaction of $25,414,000.00. Following the completion of the transaction, the chief executive officer now owns 70,308 shares in the company, valued at $17,868,075.12. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Gregory Q. Brown sold 69,229 shares of the firm’s stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $255.80, for a total value of $17,708,778.20. Following the transaction, the chief executive officer now owns 70,308 shares of the company’s stock, valued at approximately $17,984,786.40. The disclosure for this sale can be found here. Insiders have sold a total of 211,831 shares of company stock valued at $53,887,298 over the last ninety days. 1.85% of the stock is currently owned by company insiders.

Motorola Solutions Profile

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Motorola Solutions, Inc provides mission critical communications and analytics in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation, and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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