Farther Finance Advisors LLC Purchases 1,342 Shares of Motorola Solutions, Inc. $MSI

Farther Finance Advisors LLC boosted its position in Motorola Solutions, Inc. (NYSE:MSI) by 62.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,487 shares of the communications equipment provider’s stock after purchasing an additional 1,342 shares during the quarter. Farther Finance Advisors LLC’s holdings in Motorola Solutions were worth $1,337,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Motorola Solutions by 1.3% in the third quarter. Vanguard Group Inc. now owns 22,171,959 shares of the communications equipment provider’s stock worth $10,139,015,000 after purchasing an additional 286,366 shares in the last quarter. Capital World Investors raised its holdings in Motorola Solutions by 5.5% in the third quarter. Capital World Investors now owns 9,386,519 shares of the communications equipment provider’s stock worth $4,292,310,000 after purchasing an additional 490,354 shares in the last quarter. Raymond James Financial Inc. raised its holdings in Motorola Solutions by 0.9% in the third quarter. Raymond James Financial Inc. now owns 3,433,482 shares of the communications equipment provider’s stock worth $1,570,096,000 after purchasing an additional 31,744 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in Motorola Solutions by 35.2% in the second quarter. Ameriprise Financial Inc. now owns 1,355,159 shares of the communications equipment provider’s stock worth $568,930,000 after purchasing an additional 353,113 shares in the last quarter. Finally, Swedbank AB raised its holdings in Motorola Solutions by 20.3% in the third quarter. Swedbank AB now owns 1,345,492 shares of the communications equipment provider’s stock worth $615,280,000 after purchasing an additional 227,062 shares in the last quarter. Institutional investors own 84.17% of the company’s stock.

Motorola Solutions Trading Down 0.2%

NYSE MSI opened at $445.80 on Wednesday. Motorola Solutions, Inc. has a 12 month low of $359.36 and a 12 month high of $492.22. The stock has a market cap of $74.09 billion, a P/E ratio of 34.94, a P/E/G ratio of 3.11 and a beta of 0.99. The stock’s fifty day moving average price is $454.52 and its 200-day moving average price is $418.13. 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 released its earnings results on Wednesday, February 11th. The communications equipment provider reported $4.59 EPS for the quarter, topping analysts’ consensus estimates of $4.35 by $0.24. Motorola Solutions had a return on equity of 110.75% and a net margin of 18.44%.The firm had revenue of $3.38 billion for the quarter, compared to analysts’ expectations of $3.34 billion. During the same period in the prior year, the firm posted $4.04 earnings per share. The company’s quarterly revenue was up 12.3% on a year-over-year basis. As a group, equities analysts forecast that Motorola Solutions, Inc. will post 15.27 EPS for the current fiscal year.

Motorola Solutions Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Friday, March 20th were 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 of this dividend was Friday, March 20th. Motorola Solutions’s dividend payout ratio is currently 37.93%.

Insider Transactions at Motorola Solutions

In related news, Director Kenneth D. Denman sold 434 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $470.12, for a total transaction of $204,032.08. Following the sale, the director directly owned 7,153 shares of the company’s stock, valued at $3,362,768.36. This trade represents a 5.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Gregory Q. Brown sold 28,435 shares of the stock in a transaction 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 in the company, valued at $43,360,101.95. This trade 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 three months, insiders have sold 129,069 shares of company stock valued at $60,779,964. Insiders own 1.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Truist Financial assumed coverage on Motorola Solutions in a report on Tuesday, March 31st. They issued a “buy” rating and a $540.00 price objective for the company. JPMorgan Chase & Co. increased their price objective on Motorola Solutions from $515.00 to $520.00 and gave the stock an “overweight” rating in a report on Thursday, February 12th. Weiss Ratings raised Motorola Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, March 2nd. Morgan Stanley reissued an “overweight” rating and issued a $470.00 target price on shares of Motorola Solutions in a research note on Thursday, February 12th. Finally, Wall Street Zen raised 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 given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Motorola Solutions has an average 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.