Corient Private Wealth LLC Has $7.59 Million Position in Motorola Solutions, Inc. (NYSE:MSI)

Corient Private Wealth LLC raised its holdings in Motorola Solutions, Inc. (NYSE:MSIFree Report) by 15.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,237 shares of the communications equipment provider’s stock after buying an additional 3,278 shares during the quarter. Corient Private Wealth LLC’s holdings in Motorola Solutions were worth $7,589,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Beacon Pointe Advisors LLC increased its stake in Motorola Solutions by 0.7% in the fourth quarter. Beacon Pointe Advisors LLC now owns 4,754 shares of the communications equipment provider’s stock valued at $1,488,000 after acquiring an additional 32 shares during the period. OmniStar Financial Group Inc. grew its stake in shares of Motorola Solutions by 1.7% in the 4th quarter. OmniStar Financial Group Inc. now owns 2,032 shares of the communications equipment provider’s stock valued at $636,000 after purchasing an additional 33 shares during the period. Valley National Advisers Inc. raised its holdings in shares of Motorola Solutions by 21.3% in the 4th quarter. Valley National Advisers Inc. now owns 188 shares of the communications equipment provider’s stock worth $58,000 after buying an additional 33 shares in the last quarter. Merit Financial Group LLC lifted its position in shares of Motorola Solutions by 3.0% during the 3rd quarter. Merit Financial Group LLC now owns 1,301 shares of the communications equipment provider’s stock worth $354,000 after buying an additional 38 shares during the period. Finally, Valeo Financial Advisors LLC boosted its stake in Motorola Solutions by 4.8% in the 4th quarter. Valeo Financial Advisors LLC now owns 844 shares of the communications equipment provider’s stock valued at $264,000 after buying an additional 39 shares in the last quarter. Institutional investors and hedge funds own 84.17% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Evercore ISI began coverage on Motorola Solutions in a research note on Monday, March 25th. They set an “outperform” rating and a $400.00 price objective for the company. StockNews.com upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Monday, February 12th. Barclays boosted their price target on shares of Motorola Solutions from $362.00 to $372.00 and gave the company an “overweight” rating in a research report on Friday, May 3rd. JPMorgan Chase & Co. raised their price objective on shares of Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Motorola Solutions from $355.00 to $375.00 and gave the company a “buy” rating in a research note on Monday, May 6th. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $357.43.

Read Our Latest Stock Analysis on MSI

Insider Buying and Selling at Motorola Solutions

In other news, CAO Katherine A. Maher sold 2,615 shares of the stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total value of $927,488.20. Following the transaction, the chief accounting officer now owns 1,138 shares of the company’s stock, valued at approximately $403,625.84. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In other Motorola Solutions news, CAO Katherine A. Maher sold 2,615 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total transaction of $927,488.20. Following the transaction, the chief accounting officer now owns 1,138 shares in the company, valued at $403,625.84. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, SVP James A. Niewiara sold 810 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $358.09, for a total value of $290,052.90. Following the completion of the sale, the senior vice president now directly owns 12,986 shares of the company’s stock, valued at $4,650,156.74. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,169 shares of company stock valued at $2,803,460. 1.50% of the stock is currently owned by insiders.

Motorola Solutions Price Performance

MSI opened at $364.60 on Monday. The company has a debt-to-equity ratio of 11.16, a current ratio of 1.19 and a quick ratio of 1.01. The company’s 50 day simple moving average is $351.52 and its 200-day simple moving average is $332.46. Motorola Solutions, Inc. has a one year low of $269.64 and a one year high of $372.01. The stock has a market capitalization of $60.82 billion, a P/E ratio of 45.07, a price-to-earnings-growth ratio of 3.20 and a beta of 0.91.

Motorola Solutions (NYSE:MSIGet Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The communications equipment provider reported $2.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.29. The business had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $2.34 billion. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. Sell-side analysts anticipate that Motorola Solutions, Inc. will post 12.03 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Friday, June 14th will be paid a dividend of $0.98 per share. This represents a $3.92 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend is Friday, June 14th. Motorola Solutions’s dividend payout ratio (DPR) is 48.45%.

About Motorola Solutions

(Free Report)

Motorola Solutions, Inc provides public safety and enterprise security solutions 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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