863 Shares in Motorola Solutions, Inc. (NYSE:MSI) Purchased by Portfolio Design Labs LLC

Portfolio Design Labs LLC acquired a new position in Motorola Solutions, Inc. (NYSE:MSIFree Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 863 shares of the communications equipment provider’s stock, valued at approximately $270,000.

Other large investors have also made changes to their positions in the company. Norges Bank bought a new position in shares of Motorola Solutions during the 4th quarter valued at approximately $646,341,000. Alphinity Investment Management Pty Ltd purchased a new position in Motorola Solutions in the 4th quarter worth approximately $339,283,000. Ameriprise Financial Inc. lifted its holdings in Motorola Solutions by 67.8% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,193,146 shares of the communications equipment provider’s stock worth $324,614,000 after purchasing an additional 482,023 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC purchased a new position in Motorola Solutions in the 3rd quarter worth approximately $77,388,000. Finally, International Assets Investment Management LLC lifted its holdings in Motorola Solutions by 1,208.6% in the 4th quarter. International Assets Investment Management LLC now owns 191,611 shares of the communications equipment provider’s stock worth $59,991,000 after purchasing an additional 176,968 shares in the last quarter. 84.17% of the stock is currently owned by institutional investors.

Motorola Solutions Trading Up 0.1 %

Shares of NYSE MSI traded up $0.27 during trading hours on Wednesday, hitting $360.16. 84,945 shares of the company traded hands, compared to its average volume of 653,007. The stock has a market capitalization of $60.07 billion, a price-to-earnings ratio of 44.44, a price-to-earnings-growth ratio of 3.20 and a beta of 0.91. The company has a current ratio of 1.19, a quick ratio of 1.01 and a debt-to-equity ratio of 11.16. The company’s 50 day moving average price is $352.29 and its 200 day moving average price is $333.20. Motorola Solutions, Inc. has a 12 month low of $269.64 and a 12 month high of $372.01.

Motorola Solutions (NYSE:MSIGet Free Report) last released its earnings results on Thursday, May 2nd. The communications equipment provider reported $2.56 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.29. The firm had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.34 billion. Motorola Solutions had a return on equity of 398.16% and a net margin of 13.64%. On average, equities research analysts anticipate that Motorola Solutions, Inc. will post 12.03 earnings per share for the current fiscal year.

Motorola Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Friday, June 14th will be given a $0.98 dividend. This represents a $3.92 annualized dividend and a yield of 1.09%. The ex-dividend date is Friday, June 14th. Motorola Solutions’s dividend payout ratio (DPR) is presently 48.45%.

Analyst Ratings Changes

A number of research analysts recently commented on MSI shares. William Blair reissued an “outperform” rating on shares of Motorola Solutions in a report on Friday, February 9th. Barclays upped their price objective on Motorola Solutions from $362.00 to $372.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. Deutsche Bank Aktiengesellschaft upped their price objective on Motorola Solutions from $355.00 to $375.00 and gave the stock a “buy” rating in a report on Monday, May 6th. Evercore ISI initiated coverage on Motorola Solutions in a report on Monday, March 25th. They set an “outperform” rating and a $400.00 price objective on the stock. Finally, JPMorgan Chase & Co. upped their price objective on Motorola Solutions from $400.00 to $405.00 and gave the stock an “overweight” rating in a report on Friday, May 3rd. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, Motorola Solutions has a consensus rating of “Moderate Buy” and a consensus target price of $357.43.

Check Out Our Latest Analysis on MSI

Insider Buying and Selling at Motorola Solutions

In other Motorola Solutions news, CAO Katherine A. Maher sold 2,615 shares of the company’s stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total value of $927,488.20. Following the transaction, the chief accounting officer now owns 1,138 shares of the company’s stock, valued at approximately $403,625.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CAO Katherine A. Maher sold 2,615 shares of the stock in a transaction on Tuesday, May 7th. The stock was sold at an average price of $354.68, for a total transaction of $927,488.20. Following the transaction, the chief accounting officer now owns 1,138 shares of the company’s stock, valued at approximately $403,625.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Cynthia Yazdi sold 4,744 shares of the stock in a transaction on Friday, March 1st. The stock was 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 disclosure for this sale can be found here. Insiders have sold 8,169 shares of company stock valued at $2,803,460 in the last quarter. 1.26% of the stock is owned by insiders.

Motorola Solutions Company Profile

(Free Report)

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.

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

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