Kingswood Wealth Advisors LLC Buys 29 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Kingswood Wealth Advisors LLC grew its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 3.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 935 shares of the communications equipment provider’s stock after purchasing an additional 29 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Motorola Solutions were worth $409,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. First Command Advisory Services Inc. bought a new stake in Motorola Solutions during the 4th quarter valued at approximately $29,000. SBI Securities Co. Ltd. bought a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $30,000. Meeder Asset Management Inc. bought a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $32,000. Fourth Dimension Wealth LLC bought a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $34,000. Finally, OFI Invest Asset Management bought a new stake in shares of Motorola Solutions during the fourth quarter valued at approximately $42,000. Institutional investors own 84.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MSI. Wall Street Zen cut shares of Motorola Solutions from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. William Blair restated an “outperform” rating on shares of Motorola Solutions in a report on Wednesday, May 28th. Barclays dropped their target price on shares of Motorola Solutions from $527.00 to $511.00 and set an “overweight” rating on the stock in a report on Monday, May 5th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Motorola Solutions from $570.00 to $515.00 and set an “overweight” rating on the stock in a research note on Thursday, April 17th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $513.25.

Motorola Solutions Trading Up 0.3%

Motorola Solutions stock opened at $406.04 on Friday. The company has a current ratio of 1.20, a quick ratio of 1.03 and a debt-to-equity ratio of 3.42. The business’s fifty day simple moving average is $418.23 and its two-hundred day simple moving average is $437.76. Motorola Solutions, Inc. has a 12 month low of $380.72 and a 12 month high of $507.82. The company has a market capitalization of $67.78 billion, a price-to-earnings ratio of 33.89, a price-to-earnings-growth ratio of 3.50 and a beta of 0.96.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Thursday, May 1st. The communications equipment provider reported $3.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.01 by $0.17. The company had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.52 billion. Motorola Solutions had a net margin of 18.67% and a return on equity of 160.93%. Motorola Solutions’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.81 EPS. As a group, equities analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 15th. Investors of record on Friday, June 13th will be given a $1.09 dividend. The ex-dividend date is Friday, June 13th. This represents a $4.36 annualized dividend and a yield of 1.07%. Motorola Solutions’s dividend payout ratio (DPR) is presently 36.39%.

Insider Activity at Motorola Solutions

In other news, CAO Katherine A. Maher sold 1,073 shares of the company’s stock in a transaction on Thursday, May 29th. The stock was sold at an average price of $418.68, for a total transaction of $449,243.64. Following the transaction, the chief accounting officer now directly owns 804 shares of the company’s stock, valued at $336,618.72. This represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.44% of the stock is currently owned by insiders.

About Motorola Solutions

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.