3,197 Shares in Motorola Solutions, Inc. $MSI Acquired by Barden Capital Management Inc.

Barden Capital Management Inc. acquired a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 3,197 shares of the communications equipment provider’s stock, valued at approximately $1,462,000.

Other large investors have also made changes to their positions in the company. Orion Capital Management LLC purchased a new position in shares of Motorola Solutions during the third quarter worth $25,000. United Community Bank boosted its holdings in Motorola Solutions by 81.3% in the third quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock valued at $27,000 after purchasing an additional 26 shares during the last quarter. Halbert Hargrove Global Advisors LLC purchased a new stake in Motorola Solutions in the third quarter valued at $33,000. Field & Main Bank acquired a new stake in Motorola Solutions during the 3rd quarter worth about $35,000. Finally, Salomon & Ludwin LLC acquired a new stake in Motorola Solutions during the 3rd quarter worth about $38,000. 84.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Morgan Stanley reissued an “overweight” rating and issued a $470.00 price objective on shares of Motorola Solutions in a report on Thursday, February 12th. Northcoast Research raised Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price on the stock in a report on Monday, December 1st. JPMorgan Chase & Co. lifted their price target on Motorola Solutions from $515.00 to $520.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Barclays upped their price objective on Motorola Solutions from $495.00 to $506.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $499.00 price objective (up from $443.00) on shares of Motorola Solutions in a research note on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $497.14.

Motorola Solutions Trading Down 1.3%

Shares of NYSE:MSI opened at $461.11 on Friday. The business’s 50 day moving average price is $420.96 and its 200-day moving average price is $422.93. Motorola Solutions, Inc. has a 1 year low of $359.36 and a 1 year high of $492.22. The firm has a market capitalization of $76.39 billion, a price-to-earnings ratio of 36.14, a price-to-earnings-growth ratio of 3.23 and a beta of 0.96. The company has a debt-to-equity ratio of 3.47, a current ratio of 1.04 and a quick ratio of 0.87.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share for the quarter, topping analysts’ consensus estimates of $4.35 by $0.24. The company had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.34 billion. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The firm’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same period in the prior year, the business posted $4.04 earnings per share. On average, equities research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

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

Insider Buying and Selling

In other Motorola Solutions news, CEO Cynthia Yazdi sold 7,000 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $471.01, for a total transaction of $3,297,070.00. Following the completion of the sale, the chief executive officer directly owned 9,529 shares in the company, valued at approximately $4,488,254.29. The trade was a 42.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gregory Q. Brown sold 28,435 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $477.95, for a total value of $13,590,508.25. Following the transaction, the chief executive officer directly owned 90,721 shares of the company’s stock, valued at $43,360,101.95. The trade was a 23.86% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 129,069 shares of company stock worth $60,779,964. Insiders own 1.44% of the company’s stock.

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.