Motorola Solutions, Inc. $MSI Shares Bought by Butensky & Cohen Financial Security Inc.

Butensky & Cohen Financial Security Inc. increased its stake in Motorola Solutions, Inc. (NYSE:MSI) by 52.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,818 shares of the communications equipment provider’s stock after acquiring an additional 2,687 shares during the period. Butensky & Cohen Financial Security Inc.’s holdings in Motorola Solutions were worth $2,997,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Orion Capital Management LLC acquired a new stake in Motorola Solutions in the 3rd quarter valued at about $25,000. United Community Bank grew its position in shares of 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 buying an additional 26 shares in the last quarter. Strategic Advocates LLC acquired a new position in shares of Motorola Solutions during the third quarter worth about $28,000. JPL Wealth Management LLC purchased a new stake in shares of Motorola Solutions during the third quarter worth approximately $31,000. Finally, Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Motorola Solutions during the third quarter worth approximately $33,000. 84.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on MSI. JPMorgan Chase & Co. raised their price objective on shares of Motorola Solutions from $515.00 to $520.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Argus upgraded shares of Motorola Solutions to a “strong-buy” rating in a research note on Friday, February 13th. Piper Sandler reissued an “overweight” rating and issued a $499.00 target price (up from $443.00) on shares of Motorola Solutions in a report on Thursday, February 12th. Barclays raised their price target on Motorola Solutions from $495.00 to $506.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $470.00 price target on shares of Motorola Solutions in a report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Motorola Solutions presently has an average rating of “Buy” and a consensus price target of $497.14.

Motorola Solutions Price Performance

MSI stock opened at $449.63 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.87 and a debt-to-equity ratio of 3.47. The company has a market capitalization of $74.49 billion, a P/E ratio of 35.24, a PEG ratio of 3.15 and a beta of 0.96. The business has a 50 day simple moving average of $442.52 and a 200-day simple moving average of $422.49. Motorola Solutions, Inc. has a twelve month low of $359.36 and a twelve month high of $492.22.

Motorola Solutions (NYSE:MSI) last announced its earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, beating analysts’ consensus estimates of $4.35 by $0.24. The business had revenue of $3.38 billion for 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 company’s quarterly revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the company posted $4.04 EPS. As a group, equities analysts anticipate that Motorola Solutions, Inc. will post 13.55 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Friday, March 20th will be issued a $1.21 dividend. This represents a $4.84 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, March 20th. Motorola Solutions’s dividend payout ratio is presently 37.93%.

Insider Transactions at Motorola Solutions

In related news, Director Kenneth D. Denman sold 434 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $470.12, for a total value of $204,032.08. Following the transaction, the director owned 7,153 shares in the company, valued at $3,362,768.36. The trade was a 5.72% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Gregory Q. Brown sold 28,435 shares of the company’s 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 sale, the chief executive officer directly owned 90,721 shares of the company’s stock, valued at approximately $43,360,101.95. This represents a 23.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 129,069 shares of company stock worth $60,779,964. Company insiders own 1.44% of the company’s stock.

Motorola Solutions Company 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.