Motorola Solutions, Inc. (MSI) Shares Sold by Strs Ohio

Strs Ohio lowered its position in Motorola Solutions, Inc. (NYSE:MSI) by 3.4% during the second quarter, Holdings Channel reports. The firm owned 19,177 shares of the communications equipment provider’s stock after selling 669 shares during the period. Strs Ohio’s holdings in Motorola Solutions were worth $1,663,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of MSI. Cleararc Capital Inc. raised its position in Motorola Solutions by 0.5% in the first quarter. Cleararc Capital Inc. now owns 4,046 shares of the communications equipment provider’s stock worth $349,000 after buying an additional 22 shares in the last quarter. Signaturefd LLC raised its position in Motorola Solutions by 1.3% in the first quarter. Signaturefd LLC now owns 3,317 shares of the communications equipment provider’s stock worth $286,000 after buying an additional 42 shares in the last quarter. Capital Investment Advisors LLC raised its position in Motorola Solutions by 1.5% in the second quarter. Capital Investment Advisors LLC now owns 3,091 shares of the communications equipment provider’s stock worth $268,000 after buying an additional 46 shares in the last quarter. Mason Street Advisors LLC raised its position in Motorola Solutions by 0.3% in the first quarter. Mason Street Advisors LLC now owns 22,766 shares of the communications equipment provider’s stock worth $1,963,000 after buying an additional 63 shares in the last quarter. Finally, Keybank National Association OH raised its position in Motorola Solutions by 1.5% in the first quarter. Keybank National Association OH now owns 5,403 shares of the communications equipment provider’s stock worth $466,000 after buying an additional 81 shares in the last quarter. Institutional investors and hedge funds own 87.27% of the company’s stock.

Shares of Motorola Solutions, Inc. (NYSE MSI) opened at 87.48 on Friday. The stock has a market cap of $14.23 billion, a price-to-earnings ratio of 23.07 and a beta of 0.32. The firm has a 50-day moving average price of $88.93 and a 200-day moving average price of $84.60. Motorola Solutions, Inc. has a one year low of $71.24 and a one year high of $93.75.

Motorola Solutions (NYSE:MSI) last posted its quarterly earnings data on Thursday, August 3rd. The communications equipment provider reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.07. The business had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.46 billion. Motorola Solutions had a net margin of 10.38% and a negative return on equity of 93.44%. The business’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm posted $1.03 earnings per share. Analysts anticipate that Motorola Solutions, Inc. will post $5.28 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Thursday, June 15th were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend was Tuesday, June 13th. Motorola Solutions’s dividend payout ratio (DPR) is presently 49.60%.

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A number of equities analysts recently issued reports on MSI shares. Northcoast Research raised Motorola Solutions from a “neutral” rating to a “buy” rating and set a $100.00 price target on the stock in a report on Tuesday, May 30th. Citigroup Inc. reissued a “buy” rating and set a $102.00 price target (up previously from $93.00) on shares of Motorola Solutions in a report on Friday, May 5th. Gabelli raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Monday, May 8th. BMO Capital Markets reissued a “buy” rating on shares of Motorola Solutions in a report on Friday, June 23rd. Finally, BidaskClub raised Motorola Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, June 27th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $94.33.

In other news, EVP Bruce W. Brda sold 25,299 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $89.11, for a total value of $2,254,393.89. Following the completion of the transaction, the executive vice president now directly owns 23,829 shares in the company, valued at $2,123,402.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Eduardo F. Conrado sold 6,998 shares of the stock in a transaction that occurred on Tuesday, August 8th. The shares were sold at an average price of $89.13, for a total transaction of $623,731.74. Following the completion of the transaction, the executive vice president now owns 22,858 shares of the company’s stock, valued at $2,037,333.54. The disclosure for this sale can be found here. Company insiders own 2.50% of the company’s stock.

Motorola Solutions Company Profile

Motorola Solutions, Inc is a provider of communication infrastructure, devices, accessories, software and services. The Company operates through two segments: Products and Services. The Company’s Products segment offers a portfolio of infrastructure, devices, accessories and software. The Products segment has two product lines: Devices and Systems.

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Institutional Ownership by Quarter for Motorola Solutions (NYSE:MSI)

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