Arvest Investments Inc. Sells 2,051 Shares of Motorola Solutions, Inc. $MSI

Arvest Investments Inc. cut its stake in Motorola Solutions, Inc. (NYSE:MSI) by 76.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 617 shares of the communications equipment provider’s stock after selling 2,051 shares during the period. Arvest Investments Inc.’s holdings in Motorola Solutions were worth $237,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Weiss Ratings raised shares of Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. Piper Sandler reissued an “overweight” rating and issued a $499.00 price objective (up from $443.00) on shares of Motorola Solutions in a research note on Thursday, February 12th. Barclays boosted their target price 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. Argus upgraded shares of Motorola Solutions to a “strong-buy” rating in a report on Friday, February 13th. Finally, JPMorgan Chase & Co. increased their price target on Motorola Solutions from $515.00 to $520.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $502.50.

Insider Activity

In related news, Director Kenneth D. Denman sold 434 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $470.12, for a total transaction of $204,032.08. Following the completion of the transaction, the director owned 7,153 shares in the company, valued at approximately $3,362,768.36. This represents a 5.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Cynthia Yazdi sold 7,000 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer owned 9,529 shares of the company’s stock, valued at $4,488,254.29. This trade represents a 42.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 129,069 shares of company stock valued at $60,779,964 over the last three months. Corporate insiders own 1.44% of the company’s stock.

Motorola Solutions Price Performance

MSI stock opened at $438.35 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.04 and a debt-to-equity ratio of 3.47. The firm has a market cap of $72.62 billion, a price-to-earnings ratio of 34.35, a PEG ratio of 3.07 and a beta of 0.99. The company’s fifty day simple moving average is $446.96 and its 200 day simple moving average is $420.12. Motorola Solutions, Inc. has a 12-month low of $359.36 and a 12-month high of $492.22.

Motorola Solutions (NYSE:MSI) last announced its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, topping the consensus estimate of $4.35 by $0.24. Motorola Solutions had a net margin of 18.44% and a return on equity of 110.75%. The company had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.34 billion. During the same quarter last year, the firm posted $4.04 EPS. The company’s quarterly revenue was up 12.3% on a year-over-year basis. On average, analysts expect that Motorola Solutions, Inc. will post 13.55 earnings per share 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 paid 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 is Friday, March 20th. Motorola Solutions’s payout ratio is presently 37.93%.

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.