Motorola Solutions, Inc. $MSI Stock Holdings Lifted by Aviso Financial Inc.

Aviso Financial Inc. boosted its stake in shares of Motorola Solutions, Inc. (NYSE:MSI) by 362.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,867 shares of the communications equipment provider’s stock after purchasing an additional 2,247 shares during the quarter. Aviso Financial Inc.’s holdings in Motorola Solutions were worth $1,205,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in MSI. Revolve Wealth Partners LLC bought a new stake in shares of Motorola Solutions during the 4th quarter worth about $208,000. Cetera Investment Advisers boosted its holdings in shares of Motorola Solutions by 5.8% in the first quarter. Cetera Investment Advisers now owns 46,045 shares of the communications equipment provider’s stock valued at $20,159,000 after acquiring an additional 2,515 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Motorola Solutions by 8.5% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 44,058 shares of the communications equipment provider’s stock valued at $19,289,000 after acquiring an additional 3,464 shares during the period. LPL Financial LLC raised its holdings in Motorola Solutions by 9.9% during the first quarter. LPL Financial LLC now owns 135,091 shares of the communications equipment provider’s stock worth $59,144,000 after purchasing an additional 12,175 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its holdings in Motorola Solutions by 3.4% during the first quarter. Foundations Investment Advisors LLC now owns 1,145 shares of the communications equipment provider’s stock worth $501,000 after purchasing an additional 38 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Stock Performance

Shares of MSI stock opened at $369.45 on Wednesday. Motorola Solutions, Inc. has a fifty-two week low of $365.40 and a fifty-two week high of $503.62. The stock’s 50-day moving average is $428.22 and its two-hundred day moving average is $432.97. The company has a debt-to-equity ratio of 3.86, a current ratio of 1.73 and a quick ratio of 1.54. The firm has a market cap of $61.53 billion, a P/E ratio of 29.75, a PEG ratio of 3.46 and a beta of 0.96.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings results on Friday, October 31st. The communications equipment provider reported $4.06 EPS for the quarter, beating the consensus estimate of $3.85 by $0.21. Motorola Solutions had a return on equity of 134.30% and a net margin of 19.08%.The company had revenue of $3.01 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter last year, the company posted $3.74 earnings per share. The company’s revenue for the quarter was up 7.8% compared to the same quarter last year. Analysts predict that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Monday, December 15th will be given a dividend of $1.21 per share. This is a boost from Motorola Solutions’s previous quarterly dividend of $0.01. The ex-dividend date is Monday, December 15th. This represents a $4.84 annualized dividend and a dividend yield of 1.3%. Motorola Solutions’s dividend payout ratio is 38.84%.

Insider Activity at Motorola Solutions

In related news, SVP James A. Niewiara sold 1,700 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $485.43, for a total value of $825,231.00. Following the completion of the transaction, the senior vice president owned 14,542 shares in the company, valued at $7,059,123.06. The trade was a 10.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Rajan Naik sold 8,014 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $474.45, for a total value of $3,802,242.30. Following the sale, the senior vice president directly owned 10,244 shares of the company’s stock, valued at $4,860,265.80. This represents a 43.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 110,614 shares of company stock valued at $53,085,917 in the last 90 days. 1.44% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the company. Barclays decreased their price target on Motorola Solutions from $509.00 to $495.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Piper Sandler reaffirmed a “neutral” rating and set a $465.00 price objective (down from $495.00) on shares of Motorola Solutions in a research note on Friday, October 31st. Weiss Ratings reissued a “buy (b-)” rating on shares of Motorola Solutions in a research report on Monday. Evercore ISI boosted their price target on shares of Motorola Solutions from $500.00 to $525.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Finally, UBS Group upped their price target on shares of Motorola Solutions from $490.00 to $510.00 and gave the company a “buy” rating in a research report on Friday, August 8th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $502.50.

Motorola Solutions Profile

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.