Fieldview Capital Management LLC Invests $4.74 Million in Motorola Solutions, Inc. $MSI

Fieldview Capital Management LLC acquired a new stake in shares of Motorola Solutions, Inc. (NYSE:MSI) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,371 shares of the communications equipment provider’s stock, valued at approximately $4,743,000. Motorola Solutions accounts for 0.8% of Fieldview Capital Management LLC’s investment portfolio, making the stock its 21st largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MSI. Valeo Financial Advisors LLC boosted its stake in Motorola Solutions by 2.3% during the second quarter. Valeo Financial Advisors LLC now owns 944 shares of the communications equipment provider’s stock worth $397,000 after buying an additional 21 shares in the last quarter. Advisors Capital Management LLC raised its stake in shares of Motorola Solutions by 1.0% in the 2nd quarter. Advisors Capital Management LLC now owns 2,452 shares of the communications equipment provider’s stock valued at $1,031,000 after buying an additional 24 shares in the last quarter. Kingsview Wealth Management LLC raised its stake in shares of Motorola Solutions by 0.3% in the 2nd quarter. Kingsview Wealth Management LLC now owns 9,115 shares of the communications equipment provider’s stock valued at $3,833,000 after buying an additional 24 shares in the last quarter. Rexford Capital Inc. lifted its holdings in shares of Motorola Solutions by 0.6% during the 3rd quarter. Rexford Capital Inc. now owns 3,893 shares of the communications equipment provider’s stock worth $1,780,000 after acquiring an additional 24 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of Motorola Solutions by 3.7% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 701 shares of the communications equipment provider’s stock valued at $295,000 after acquiring an additional 25 shares in the last quarter. 84.17% of the stock is owned by institutional investors.

Motorola Solutions Trading Down 1.3%

Shares of MSI stock opened at $461.11 on Monday. The company has a market capitalization of $76.39 billion, a P/E ratio of 36.14, a P/E/G ratio of 3.23 and a beta of 0.96. Motorola Solutions, Inc. has a 12-month low of $359.36 and a 12-month high of $492.22. 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 50-day moving average price of $420.96 and a 200 day moving average price of $422.65.

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 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 earned $4.04 earnings per share. The company’s quarterly revenue was up 12.3% compared to the same quarter last year. Research analysts forecast that Motorola Solutions, Inc. will post 13.55 earnings per share for the current fiscal year.

Motorola Solutions Announces Dividend

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

Analyst Ratings Changes

MSI has been the topic of a number of analyst reports. Barclays upped their target price on shares of Motorola Solutions from $495.00 to $506.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. JPMorgan Chase & Co. lifted their price objective on Motorola Solutions from $515.00 to $520.00 and gave the company an “overweight” rating in a report on Thursday, February 12th. Morgan Stanley reiterated an “overweight” rating and issued a $470.00 price objective on shares of Motorola Solutions in a research note on Thursday, February 12th. Northcoast Research raised Motorola Solutions from a “neutral” rating to a “buy” rating and set a $450.00 target price for the company in a report on Monday, December 1st. Finally, Argus upgraded Motorola Solutions to a “strong-buy” rating in a research report on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Motorola Solutions has a consensus rating of “Buy” and a consensus target price of $497.14.

Insider Buying and Selling at Motorola Solutions

In other news, CEO Cynthia Yazdi sold 7,000 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $471.01, for a total value 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. This trade represents a 42.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Kenneth D. Denman sold 434 shares of Motorola Solutions stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $470.12, for a total value of $204,032.08. Following the completion of the transaction, the director directly owned 7,153 shares of the company’s stock, valued at $3,362,768.36. This represents a 5.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 129,069 shares of company stock worth $60,779,964. 1.44% of the stock is currently owned by insiders.

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.