Consolidated Planning Corp Acquires 589 Shares of Motorola Solutions, Inc. (NYSE:MSI)

Consolidated Planning Corp boosted its holdings in Motorola Solutions, Inc. (NYSE:MSI) by 3.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,677 shares of the communications equipment provider’s stock after purchasing an additional 589 shares during the quarter. Motorola Solutions makes up approximately 1.1% of Consolidated Planning Corp’s holdings, making the stock its 24th biggest position. Consolidated Planning Corp’s holdings in Motorola Solutions were worth $5,848,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Northwest Capital Management Inc boosted its stake in Motorola Solutions by 71.4% in the 4th quarter. Northwest Capital Management Inc now owns 96 shares of the communications equipment provider’s stock worth $30,000 after purchasing an additional 40 shares during the period. Turtle Creek Wealth Advisors LLC purchased a new stake in Motorola Solutions during the fourth quarter valued at $36,000. Bruce G. Allen Investments LLC bought a new position in Motorola Solutions during the fourth quarter valued at $38,000. BOK Financial Private Wealth Inc. lifted its position in Motorola Solutions by 73.2% during the fourth quarter. BOK Financial Private Wealth Inc. now owns 123 shares of the communications equipment provider’s stock valued at $39,000 after purchasing an additional 52 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC purchased a new position in shares of Motorola Solutions in the 3rd quarter worth $52,000. 84.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

MSI has been the subject of several research analyst reports. Evercore ISI initiated coverage on shares of Motorola Solutions in a research note on Monday, March 25th. They set an “outperform” rating and a $400.00 price target for the company. Barclays upped their price objective on shares of Motorola Solutions from $333.00 to $352.00 and gave the company an “overweight” rating in a research note on Tuesday, January 2nd. William Blair reaffirmed an “outperform” rating on shares of Motorola Solutions in a research note on Friday, February 9th. StockNews.com raised shares of Motorola Solutions from a “hold” rating to a “buy” rating in a research note on Monday, February 12th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Motorola Solutions in a research note on Friday, January 19th. They set a “buy” rating and a $350.00 price objective for the company. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $348.38.

Insider Transactions at Motorola Solutions

In other news, SVP Cynthia Yazdi sold 4,744 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $334.30, for a total value of $1,585,919.20. Following the transaction, the senior vice president now directly owns 8,858 shares in the company, valued at approximately $2,961,229.40. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.50% of the company’s stock.

Motorola Solutions Trading Down 0.7 %

Shares of Motorola Solutions stock traded down $2.54 during mid-day trading on Friday, hitting $346.48. The stock had a trading volume of 595,466 shares, compared to its average volume of 604,473. The firm has a 50-day moving average of $341.73 and a two-hundred day moving average of $321.94. Motorola Solutions, Inc. has a 12-month low of $269.64 and a 12-month high of $355.39. The company has a quick ratio of 0.85, a current ratio of 1.00 and a debt-to-equity ratio of 6.37. The firm has a market cap of $57.56 billion, a P/E ratio of 34.89, a price-to-earnings-growth ratio of 3.22 and a beta of 0.90.

Motorola Solutions (NYSE:MSI) last issued its quarterly earnings data on Thursday, February 8th. The communications equipment provider reported $3.90 EPS for the quarter, topping the consensus estimate of $3.63 by $0.27. Motorola Solutions had a net margin of 17.12% and a return on equity of 441.65%. The firm had revenue of $2.85 billion for the quarter, compared to analyst estimates of $2.82 billion. During the same period in the prior year, the business posted $3.38 EPS. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. Sell-side analysts forecast that Motorola Solutions, Inc. will post 11.74 earnings per share for the current year.

Motorola Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, March 15th were issued a $0.98 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a $3.92 annualized dividend and a dividend yield of 1.13%. Motorola Solutions’s dividend payout ratio is currently 39.48%.

About Motorola Solutions

Motorola Solutions, Inc provides public safety and enterprise security solutions in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.