2,334 Shares in Motorola Solutions, Inc. $MSI Bought by Advisor OS LLC

Advisor OS LLC purchased a new stake in Motorola Solutions, Inc. (NYSE:MSI) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,334 shares of the communications equipment provider’s stock, valued at approximately $1,067,000.

A number of other institutional investors also recently bought and sold shares of MSI. Orion Capital Management LLC purchased a new stake in Motorola Solutions during the third quarter worth approximately $25,000. United Community Bank raised its holdings in Motorola Solutions by 81.3% during the third quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock worth $27,000 after purchasing an additional 26 shares in the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Motorola Solutions during the 3rd quarter worth approximately $33,000. Field & Main Bank acquired a new position in shares of Motorola Solutions in the 3rd quarter valued at $35,000. Finally, Rossby Financial LCC boosted its holdings in shares of Motorola Solutions by 148.6% in the 2nd quarter. Rossby Financial LCC now owns 87 shares of the communications equipment provider’s stock valued at $37,000 after buying an additional 52 shares in the last quarter. 84.17% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Gregory Q. Brown sold 50,000 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $468.09, for a total value of $23,404,500.00. Following the completion of the sale, the chief executive officer owned 47,167 shares in the company, valued at $22,078,401.03. This trade represents a 51.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.44% of the stock is owned by corporate insiders.

Motorola Solutions Price Performance

Shares of MSI opened at $471.48 on Friday. The firm has a market capitalization of $78.11 billion, a PE ratio of 36.95, a P/E/G ratio of 3.30 and a beta of 1.00. The stock’s 50 day moving average is $408.90 and its two-hundred day moving average is $422.73. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $492.22. The company has a current ratio of 1.04, a quick ratio of 0.87 and a debt-to-equity ratio of 3.47.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, beating the consensus estimate of $4.35 by $0.24. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.The business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.34 billion. During the same period last year, the firm earned $4.04 EPS. The company’s quarterly revenue was up 12.3% compared to the same quarter last year. Research analysts anticipate that Motorola Solutions, Inc. will post 13.55 earnings per share for the current year.

Motorola Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 20th will be paid a dividend of $1.21 per share. The ex-dividend date of this dividend is Friday, March 20th. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.0%. Motorola Solutions’s dividend payout ratio is 37.93%.

Wall Street Analysts Forecast Growth

MSI has been the topic of several research analyst reports. Barclays lifted their price target on shares of Motorola Solutions from $495.00 to $506.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Northcoast Research upgraded Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price on the stock in a research report on Monday, December 1st. Morgan Stanley reissued an “overweight” rating and issued a $470.00 target price on shares of Motorola Solutions in a research report on Thursday, February 12th. Piper Sandler reaffirmed an “overweight” rating and set a $499.00 price target (up from $443.00) on shares of Motorola Solutions in a research report on Thursday, February 12th. Finally, JPMorgan Chase & Co. increased their price objective on Motorola Solutions from $515.00 to $520.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Motorola Solutions presently has a consensus rating of “Moderate Buy” and a consensus target price of $497.14.

Motorola Solutions Profile

Motorola Solutions, Inc is a provider of mission-critical communications and analytics solutions for public safety and commercial customers. The company designs, manufactures and supports a range of communications equipment and software aimed at enabling first responders, government agencies and enterprises to coordinate and operate reliably in high-pressure environments. Its offerings emphasize secure, resilient connectivity and situational awareness for organizations that require dependable voice, data and video communications.

Product lines include land mobile radio (LMR) systems and handheld and vehicle-mounted radios used by police, fire and emergency medical services; broadband push-to-talk and LTE-based solutions; command-and-control center software for incident management and records; and video security and analytics systems.