Caliber Wealth Management LLC KS Purchases 1,434 Shares of Motorola Solutions, Inc. $MSI

Caliber Wealth Management LLC KS grew its position in Motorola Solutions, Inc. (NYSE:MSI) by 19.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,860 shares of the communications equipment provider’s stock after acquiring an additional 1,434 shares during the period. Caliber Wealth Management LLC KS’s holdings in Motorola Solutions were worth $3,396,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Rexford Capital Inc. grew its position in shares of Motorola Solutions by 0.6% in the 3rd quarter. Rexford Capital Inc. now owns 3,893 shares of the communications equipment provider’s stock valued at $1,780,000 after acquiring an additional 24 shares during the period. Signaturefd LLC grew its position in shares of Motorola Solutions by 0.9% in the 3rd quarter. Signaturefd LLC now owns 2,871 shares of the communications equipment provider’s stock valued at $1,313,000 after acquiring an additional 25 shares during the period. CX Institutional grew its position in shares of Motorola Solutions by 2.0% in the 3rd quarter. CX Institutional now owns 1,313 shares of the communications equipment provider’s stock valued at $600,000 after acquiring an additional 26 shares during the period. United Community Bank lifted its stake in shares of Motorola Solutions by 81.3% during the 3rd quarter. United Community Bank now owns 58 shares of the communications equipment provider’s stock worth $27,000 after buying an additional 26 shares during the last quarter. Finally, Hemington Wealth Management lifted its stake in shares of Motorola Solutions by 16.6% during the 3rd quarter. Hemington Wealth Management now owns 190 shares of the communications equipment provider’s stock worth $86,000 after buying an additional 27 shares during the last quarter. Institutional investors own 84.17% of the company’s stock.

Insiders Place Their Bets

In other Motorola Solutions news, CEO Gregory Q. Brown sold 28,435 shares of Motorola Solutions stock in a transaction dated 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 completion of the sale, the chief executive officer owned 90,721 shares in the company, valued at $43,360,101.95. The trade was a 23.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Cynthia Yazdi sold 7,000 shares of Motorola Solutions 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 completion of 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. The SEC filing for this sale provides additional information. Insiders sold 129,069 shares of company stock worth $60,779,964 in the last quarter. 1.28% of the stock is currently owned by corporate insiders.

Motorola Solutions Stock Performance

NYSE MSI opened at $445.80 on Wednesday. The firm has a 50-day moving average of $454.52 and a 200-day moving average of $418.13. The company has a debt-to-equity ratio of 3.47, a quick ratio of 0.87 and a current ratio of 1.04. The stock has a market cap of $74.09 billion, a PE ratio of 34.94, a P/E/G ratio of 3.11 and a beta of 0.99. Motorola Solutions, Inc. has a 52-week low of $359.36 and a 52-week high of $492.22.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Wednesday, February 11th. The communications equipment provider reported $4.59 earnings per share 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 business had revenue of $3.38 billion during the quarter, compared to analysts’ expectations of $3.34 billion. During the same quarter in the previous year, the company earned $4.04 EPS. The business’s revenue was up 12.3% on a year-over-year basis. On average, sell-side analysts anticipate that Motorola Solutions, Inc. will post 15.27 EPS for the current year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Friday, March 20th were paid a $1.21 dividend. The ex-dividend date was Friday, March 20th. This represents a $4.84 annualized dividend and a yield of 1.1%. Motorola Solutions’s payout ratio is 37.93%.

Analyst Ratings Changes

MSI has been the subject of a number of research reports. Truist Financial initiated coverage on shares of Motorola Solutions in a research note on Tuesday, March 31st. They set a “buy” rating and a $540.00 target price for the company. JPMorgan Chase & Co. raised their target price on shares of Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a research note on Thursday, February 12th. Barclays raised 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. Piper Sandler restated an “overweight” rating and set a $499.00 target price (up from $443.00) on shares of Motorola Solutions in a research note on Thursday, February 12th. Finally, Wall Street Zen upgraded shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Saturday. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Motorola Solutions has a consensus rating of “Buy” and an average target price of $502.50.

About Motorola Solutions

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.